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Middlesex 01760
59 Lakeview Ave
$660,000
● House - Off Market

59 Lakeview Ave

Natick, MA 01760
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,120 Ft²
$780,957
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Opportunity Knocks... Fantastic Location...Oversized 3+ bedroom, 1.5 bath Cape with views of Dug Pond. Great location with a 15,000+ sf corner lot, RSA zoning and private setting. Features include over 2100sf of living space, Hardwood Floors, Wood Fireplace, Large kitchen w/side entry and porch, Full Basement, Newer Heating System 2014, Hot water heater 2014, two driveways and a 1 Car Garage. The side addition offers endless possibilities and can be easily renovated into an in-law or guest suite. Town water, town sewer and propane for cooking. Close to Natick High School, Tennis Courts, Playing Fields, Memorial Beach & Hockey Rink. Swimming, Fishing, Boating, Kayaking and Ice Skating...year round fun, all just steps away from this fabulous spot! Some photos virtually staged.
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$347
Property Type
House
Property Taxes
$715
HOA Dues
-
Year Built
1960

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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 #73008693)

Price History

Date / Event Date Event Price
Oct 6, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $735,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 884
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,076
  • Total Building Area: 2,120
  • Gross Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: RSA

Geography

  • Account Number: 50-00000054
  • Parcel: NATI M:00000050 P:00000054
  • Municipality: NATICK
  • Latitude: 42.2737
  • Longitude: -71.3659

    Address

  • Full Address: 59 Lakeview Ave
  • Address - House Number: 59
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Natick
  • Carrier Code: C021
  • 4-Digit Zip Code: 4272
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $761,800

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 849,542
  • High Value: 998,100
  • Low Value: 700,984

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,400
  • Assessed Land Value: $461,400
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1924579

    Financing

  • First Mortgage Financing Type: ADJ
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73008693

Frequently Asked Questions

When was property at 59 Lakeview Avenue built and last sold?
The property at 59 Lakeview Avenue was built in 1960 and last sold on Oct 6, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 59 Lakeview Avenue is $749,574.
What are some comparable homes to 59 Lakeview Avenue?
There are currently no comparable homes to 59 Lakeview Avenue.
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