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Middlesex 01760
7 Lake Shore Rd
$335,000
● House - Off Market

7 Lake Shore Rd

Natick, MA 01760
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,275 Ft²
$631,542
RealtyHop Estimate
80.96%
Since Mar 1, 2005
MA-Boston
Primary Model

About This Property

Bungalow style home, immaculate move in condition. House features beautiful hardwood floors throughout,newer kitchen appliances and bright sunny rooms.lst floor has living room,kitchen and two bedrooms, lower floor includes bedroom and family room w/fireplace plus a cedar closet and laundry room. New roof(2004) and security system. Nice yard on dead end street. Near location for commuters,schools and shopping centers. A MUST see for first time buyers interested in owning their own cozy home
Unit Size
1,275 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$274
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1950

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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 #70129631)

Price History

Date / Event Date Event Price
Mar 24, 2021 Sold
Premium
Sold
Jan 27, 2021 Listed by Prudential Town and Country $444,000
Listed by Prudential Town and Country
Feb 18, 2005 Sold
Premium
Sold
Jan 3, 2005 Listed by Prudential Town and Country $349,000
Listed by Prudential Town and Country
Dec 8, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 850
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,198
  • Total Building Area: 850
  • Gross Building Area: 850
  • Building Area: 850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 850
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • 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: 382500

Zoning

  • Zoning: CII

Geography

  • Account Number: 18-00000051
  • Parcel: NATI M:00000018 P:00000051
  • Municipality: NATICK
  • Latitude: 42.3007
  • Longitude: -71.362

    Address

  • Full Address: 7 Lake Shore Rd
  • Address - House Number: 7
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Natick
  • Carrier Code: C025
  • 4-Digit Zip Code: 2007
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,200

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 714,411
  • High Value: 846,668
  • Low Value: 582,153

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,000
  • Assessed Land Value: $367,700
  • Assessed Improvements Value: $146,300

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65882
  • Previous Sale Recording Date: Feb 18, 2005
  • Previous Sale Amount: $335,000
  • 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:

$819,500

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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: 5 months ago
Data Source: MLS PIN, MLS# 70129631

Frequently Asked Questions

When was property at 7 Lake Shore Road built and last sold?
The property at 7 Lake Shore Road was built in 1950 and last sold on Mar 24, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 7 Lake Shore Road is $457,037.
What are some comparable homes to 7 Lake Shore Road?
There are currently no comparable homes to 7 Lake Shore Road.
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