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Middlesex 01760
7 Charles St
$530,000
● House - Off Market

7 Charles St

Natick, MA 01760
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,755 Ft²
$856,026
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to 7 Charles St, located in Walnut Hill, steps from Downtown Natick, a rare opportunity to restore this home to it's true glory.  Easy access to major routes and walking distance to the Natick Center Commuter Rail Station.  6 Bedrooms, 1 and 1/2 baths, 2 car garage, over-sized shed, large level private backyard.  This home has great bones and with your vision and effort it will be well worth it.  Come by this weekend and check it out in person!  Open house Saturday Mar 14, 12 to 2 and Sunday Mar 15 12 to 2
Unit Size
2,755 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$225
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1860

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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 #72631330)

Price History

Date / Event Date Event Price
May 4, 2020 Sold
Premium
Sold
Mar 11, 2020 Listed by Colby Hunter Realty $619,900
Listed by Colby Hunter Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 335
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,945
  • Total Building Area: 2,883
  • Gross Building Area: 2,883
  • Building Area: 2,883
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,883
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000389
  • 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: RSA

Geography

  • Account Number: 35-00000086
  • Parcel: NATI M:00000035 P:00000086
  • Municipality: NATICK
  • Latitude: 42.2905
  • Longitude: -71.3514

    Address

  • Full Address: 7 Charles St
  • Address - House Number: 7
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Natick
  • Carrier Code: C006
  • 4-Digit Zip Code: 2807
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,111,200

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 941,791
  • High Value: 1,160,653
  • Low Value: 722,929

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $906,400
  • Assessed Land Value: $465,600
  • Assessed Improvements Value: $440,800

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66481
  • Previous Sale Recording Date: Mar 20, 2012
  • Previous Sale Document Type: 27
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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

65.4 years

Currently For Sale

3330 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# 72631330

Frequently Asked Questions

When was property at 7 Charles Street built and last sold?
The property at 7 Charles Street was built in 1860 and last sold on Apr 29, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 7 Charles Street is $619,373.
What are some comparable homes to 7 Charles Street?
There are currently no comparable homes to 7 Charles Street.
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