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Middlesex 01760
5 Maine Avenue
$482,000
● House - Off Market

5 Maine Avenue

Natick, MA 01760
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$867,761
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Price Reduced!!! 4 bedroom/ 2 full bath Colonial / Gambrel in desirable Natick/ Wellesley area.  A Renovated open floor plan, 4 Large Bedrooms, plus an office, a large 3 season porch on the front and oversized mudroom on the rear. Kitchen area has eat in area and breakfast bar area.   Large detached garage and wonderful level yard and large side year which is not common in Natick. This house is in one of the best commuter locations in Natick, close to Route 9, Oak Street turnaround, Masspike and less than seven minutes to Route 95.  Hardwood flooring, recessed light fixtures, pellet stove. Large and level back yard with ample setbacks on either side to accommodate any future additions.  Sellers relocating, A quick close possible.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$270
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1916

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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 #71852448)

Price History

Date / Event Date Event Price
Sep 16, 2015 Sold
Premium
Sold
Jun 7, 2015 Listed by Bristol - Plymouth Real Estate & Appraisals $499,000
Listed by Bristol - Plymouth Real Estate & Appraisals
Mar 1, 2013 Sold
Premium
Sold
Sep 1, 2012 Listed by Bristol - Plymouth Real Estate & Appraisals $379,900
Listed by Bristol - Plymouth Real Estate & Appraisals

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 924
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,631
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000382
  • 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: 382200

Zoning

  • Zoning: RSC

Geography

  • Account Number: 21-00000238
  • Parcel: NATI M:00000021 P:00000238
  • Municipality: NATICK
  • Latitude: 42.3019
  • Longitude: -71.336

    Address

  • Full Address: 5 Maine Ave
  • Address - House Number: 5
  • Address - Street Name: Maine
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Natick
  • Carrier Code: C020
  • 4-Digit Zip Code: 2218
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,600

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 800,031
  • High Value: 939,931
  • Low Value: 660,131

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $606,500
  • Assessed Land Value: $397,800
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Recording Date: Sep 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1710712
  • Previous Sale Recording Date: Mar 01, 2013
  • Previous Sale Amount: $370,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71852448

Frequently Asked Questions

When was property at 5 Maine Avenue built and last sold?
The property at 5 Maine Avenue was built in 1916 and last sold on Jan 1, 1970 for $482,000.
How much is this home worth?
The estimated value of the home located at 5 Maine Avenue is $514,049.
What are some comparable homes to 5 Maine Avenue?
There are currently no comparable homes to 5 Maine Avenue.
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