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Middlesex 01760
241 Oak Street
$425,000
● House - Off Market

241 Oak Street

Natick, MA 01760
bedrooms
2 Beds
bathrooms
1 Bath
square feet
947 Ft²
$476,959
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

Great opportunity to buy in Natick at an affordable price.  Perfect starter home or income property.  Bring your ideas to this adorable ranch with much potential.  Home sits on a great lot in North Natick with numerous high end homes in the area.  The yard would lend itself to expansion possibilities or just use as a wonderful relaxation area with gardening potential, room for fire pit, swing set, etc.  Hardwoods in living, dining and bedrooms.  First floor laundry for that extra convenience and full bath just outside the two bedrooms.  Easy to show.
Unit Size
947 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$443
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1940

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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 years ago (MLSPIN #72883641)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by Coldwell Banker Realty - Natick $419,900
Listed by Coldwell Banker Realty - Natick
Jun 15, 1993 Sold
Premium
Sold
Apr 2, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,149
  • Total Building Area: 947
  • Gross Building Area: 947
  • Building Area: 947
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 947
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 382100

Zoning

  • Zoning: RSA

Geography

  • Account Number: 8-00000034
  • Parcel: NATI M:00000008 P:00000034
  • Municipality: NATICK
  • Latitude: 42.3167
  • Longitude: -71.3407

    Address

  • Full Address: 241 Oak St
  • Address - House Number: 241
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Natick
  • Carrier Code: C027
  • 4-Digit Zip Code: 1317
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,800

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 439,559
  • High Value: 473,619
  • Low Value: 405,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,600
  • Assessed Land Value: $360,300
  • Assessed Improvements Value: $87,300

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 211499
  • Previous Sale Recording Date: Jun 15, 1993
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 27
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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

65 years

Currently For Sale

3009 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72883641

Frequently Asked Questions

When was property at 241 Oak Street built and last sold?
The property at 241 Oak Street was built in 1940 and last sold on Sep 10, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 241 Oak Street is $425,510.
What are some comparable homes to 241 Oak Street?
There are currently no comparable homes to 241 Oak Street.
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