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Middlesex 01760
3 Ledge Ln
$850,000
● House - Off Market

3 Ledge Ln

Natick, MA 01760
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,368 Ft²
$865,078
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Location, location, location!  This raised ranch design offers lots of room and a quiet, convenient neighborhood - just minutes from downtown Natick. First floor includes updated kitchen that opens to a screened porch, dining room, living room, primary bedroom with walk in closet and full bath, two additional bedrooms and a full family bath. Lower level is finished with fireplaced family room, office, bonus room, half bath and laundry. Just under one acre, this lovely lot has privacy and great outdoor space.  Stop by to see this wonderful home and check out everything Natick has to offer.
Unit Size
2,368 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$359
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
1972

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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: 4 months ago (MLSPIN #73055341)

Price History

Date / Event Date Event Price
Apr 13, 2023 Sold
Premium
Sold
Jan 15, 2023 In contract -
In contract
Nov 4, 2022 Listed by William Raveis R.E. & Home Services $850,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,500
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,119
  • Total Building Area: 1,506
  • Gross Building Area: 1,506
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000921
  • 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: 382400

Zoning

  • Zoning: RSB

Geography

  • Account Number: 60-00000088
  • Parcel: NATI M:00000060 P:00000088
  • Municipality: NATICK
  • Latitude: 42.2677
  • Longitude: -71.3492

    Address

  • Full Address: 3 Ledge Ln
  • Address - House Number: 3
  • Address - Street Name: Ledge
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Natick
  • Carrier Code: C048
  • 4-Digit Zip Code: 5811
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,001,300

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 928,234
  • High Value: 1,071,287
  • Low Value: 785,181

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $816,700
  • Assessed Land Value: $489,200
  • Assessed Improvements Value: $327,500

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37092
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 73055341

Frequently Asked Questions

When was property at 3 Ledge Lane built and last sold?
The property at 3 Ledge Lane was built in 1972 and last sold on Apr 13, 2023 for $850,000.
How much is this home worth?
The estimated value of the home located at 3 Ledge Lane is $871,031.
What are some comparable homes to 3 Ledge Lane?
There are currently no comparable homes to 3 Ledge Lane.
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