$314,000
●
House -
Off Market
5 Union Street
Natick, MA 01760
3 Beds
1 Bath
1,333 Ft²
$569,148
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model
About This Property
Attention 1st time buyers, in-home office professionals/owners,
contractors! Village colonial with separate entrance to downstairs
office. Highly visible location near corner of Union and East
Central to operate a home based business. Also an excellent starter
home. More parking possible. Possible to convert to 2-family or
build 2 condo townhouses without variance, Zoned RG. Many
possiblities! Motivated seller. Bring your imagination and offers!!
Unit Size
1,333 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$239
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1900
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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 #70239416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | No longer available | - | |
| No longer available | |||
| Jan 14, 2026 | Listed by Keller Williams Boston MetroWest | $2,399,000 | |
| Listed by Keller Williams Boston MetroWest | |||
| | |||
|
Outstanding opportunity for builders, developers & investors in the heart of Natick's New Gateway Center Zoning District. This package would combine 67 E Central Street AND 5 Union Street offering 30,919 +/- square feet of land offering up to 90% lot coverage with up to 38 feet in height. The development possibilities are endless, the initial plans started with a 36 unit design & discussions with the Town have been very favorable. This highly sought after location is steps away from Natick's gorgeous Natick Common & Natick Center with restaurants, shopping, the Natick Center Commuter Rail, Library, TCAN & the Farmer's Market. Buyers are responsible for conducting their own due diligence.
| |||
| Jan 2, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2025 | Listed by Keller Williams Boston MetroWest | $2,499,000 | |
| Listed by Keller Williams Boston MetroWest | |||
| | |||
|
Outstanding opportunity for builders, developers & investors in the heart of Natick's New Gateway Center Zoning District. This package would combine 67 E Central Street AND 5 Union Street offering 30,919 +/- square feet of land offering up to 90% lot coverage with up to 38 feet in height. The development possibilities are endless, the initial plans started with a 36 unit design & discussions with the Town have been very favorable. This highly sought after location is steps away from Natick's gorgeous Natick Common & Natick Center with restaurants, shopping, the Natick Center Commuter Rail, Library, TCAN & the Farmer's Market. Buyers are responsible for conducting their own due diligence & sellers are not looking for a prolonged closing.
| |||
| Oct 2, 2025 | Price Increased |
$2,499,000
↑ $2M
(680.9%) | |
| Price Increased | |||
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Property Highlights
Parking Available
Building Info
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