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Middlesex 01760
24 Magnolia Rd
$675,000
● House - Off Market

24 Magnolia Rd

Natick, MA 01760
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,376 Ft²
$887,816
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Welcome home!  Waterfront View of Lake Cochituate! This Beautiful renovated custom Cape features open concept with vaulted ceiling and plenty of natural light. Chefs kitchen offers top of the line stainless steel MONOGRAM appliances, wine cooler, granite countertop and much more. 2 generous size bedrooms, full bathroom, laundry located on the first floor. The 2nd floor features huge master suite with skylights, vaulted ceiling, 2 closets, master bath with double sink vanity and jacuzzi. Loft area overlooks the living room and spectacular lake views. Hardwood floors throughout. Central A/C and heat, radon mitigation system, finished basement, huge wrap around deck, 2 car garage. Conveniently located near major routes, dining, shopping and the beach! Don't miss your chance.
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$286
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72629227)

Price History

Date / Event Date Event Price
Sep 14, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by DL Realty $679,000
Listed by DL Realty
Jan 21, 2020 Sold
Premium
Sold
Sep 27, 2019 Listed by DL Realty $599,000
Listed by DL Realty
Jun 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 348
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,843
  • Total Building Area: 1,762
  • Gross Building Area: 1,762
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000685
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Natick School District
  • School Tax School District: NATICK SD
  • Census Tract: 382500

Zoning

  • Zoning: RSA

Geography

  • Account Number: 12-0000086B
  • Parcel: NATI M:00000012 P:0000086B
  • Municipality: NATICK
  • Latitude: 42.3107
  • Longitude: -71.3671

    Address

  • Full Address: 24 Magnolia Rd
  • Address - House Number: 24
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Natick
  • Carrier Code: C019
  • 4-Digit Zip Code: 1622
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,102,500

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 976,767
  • High Value: 1,147,573
  • Low Value: 805,962

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $899,300
  • Assessed Land Value: $494,600
  • Assessed Improvements Value: $404,700

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 160771
  • Previous Sale Recording Date: Jan 21, 2020
  • Previous Sale Contract Date: Jan 04, 2020
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72629227

Frequently Asked Questions

When was property at 24 Magnolia Road built and last sold?
The property at 24 Magnolia Road was built in 1992 and last sold on Sep 10, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 24 Magnolia Road is $705,524.
What are some comparable homes to 24 Magnolia Road?
There are currently no comparable homes to 24 Magnolia Road.
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