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Middlesex 01760
4 Sherman St
Photo of 4 Sherman St

2

Map

Photo of 4 Sherman St
$799,900
● Land - For Sale

4 Sherman St

Natick, MA 01760
bedrooms
Studio
bathrooms
0 Bath
$4,545
Est. Monthly

About This Property

Attention builders and contractors - great opportunity to develop this downtown Natick parcel. Currently there is a 1896 Colonial in need of substantial repair located on a highly desirable corner lot. Property is zoned RG with frontage on Sherman St of 140' and frontage of 76' on Lincoln St. Short walk to downtown Natick, shops, restaurants and the train station. Act now and begin your new project later this fall/early winter.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$617
HOA Dues
-
Year Built
1896

Listed By

Stephen O Loughlin
Realty Executives

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 days ago (MLSPIN #73583965)

Price History

Date / Event Date Event Price
Sep 29, 2026 Listed by Realty Executives $799,900
Listed by Realty Executives

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Lot Size Square Feet: 10686
Water Source: Public
Financial Details
Tax Assessed Value: $608,200
Tax Annual Amount: $7,402
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 760
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,637
  • Total Building Area: 1,442
  • Gross Building Area: 1,442
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000244
  • 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: 382300

Zoning

  • Zoning: RG

Geography

  • Account Number: 44-00000168
  • Parcel: NATI M:00000044 P:00000168
  • Municipality: NATICK
  • Latitude: 42.2822
  • Longitude: -71.3439

    Address

  • Full Address: 4 Sherman St
  • Address - House Number: 4
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Natick
  • Carrier Code: C050
  • 4-Digit Zip Code: 4708
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $646,600

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 786,021
  • High Value: 968,147
  • Low Value: 603,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,400
  • Assessed Land Value: $426,400
  • Assessed Improvements Value: $101,000
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 days ago
Data Source: MLS PIN, MLS# 73583965

Frequently Asked Questions

When was property at 4 Sherman Street built and last sold?
The property at 4 Sherman Street was built in 1896 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Sherman Street is $807,899.
What are some comparable homes to 4 Sherman Street?
There are currently no comparable homes to 4 Sherman Street.
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