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Middlesex 01760
7 Lantern Ln
$730,000
● House - Off Market

7 Lantern Ln

Natick, MA 01760
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,252 Ft²
$1,216,011
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

This beautiful 3 bedroom, 2 1/2 bath South Natick contemporary home sits at the end of a quiet cul-de-sac on 1.85 acres with a large backyard abutting the Charles River.  The property has hardwood floors, tons of natural light from custom windows, Lutron lighting control system throughout, two HE furnaces, tankless hot water & AC 2014, newer roof, two car attached garage, large deck overlooking the massive private backyard, new four bedroom septic (2014).  The property was updated mid 2016 including interior paint, new Cambria Quartz Countertops, stainless steel appliances, marble backsplash, recess lighting, finished office, new bedroom doors and two nest thermostats.  The property is minutes from shops, restaurants and the commuter rail ***private bonus room in lower level allows for many options...
Unit Size
2,252 Ft²
Days on Market
-
Land Size
1.85 acres
Price per sqft
$329
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1967

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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 #72089640)

Price History

Date / Event Date Event Price
Dec 23, 2016 Sold
Premium
Sold
Nov 3, 2016 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $739,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Aug 31, 2015 Sold
Premium
Sold
Jun 25, 2015 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $699,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Aug 27, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 1,402
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,586
  • Total Building Area: 1,546
  • Gross Building Area: 1,546
  • Building Area: 1,546
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,546
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RDG ESTATES
  • Land Acres: 0000001850
  • 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: 382300

Zoning

  • Zoning: RSB

Geography

  • Account Number: 77-0000002G
  • Parcel: NATI M:00000077 P:0000002G
  • Municipality: NATICK
  • Latitude: 42.2495
  • Longitude: -71.3285

    Address

  • Full Address: 7 Lantern Ln
  • Address - House Number: 7
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Natick
  • Carrier Code: C041
  • 4-Digit Zip Code: 5640
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,128,300

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,216,182
  • High Value: 1,406,381
  • Low Value: 1,025,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $920,300
  • Assessed Land Value: $607,800
  • Assessed Improvements Value: $312,500

    Sales

  • Current Sale Recording Date: Dec 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 232454
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Amount: $692,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72089640

Frequently Asked Questions

When was property at 7 Lantern Lane built and last sold?
The property at 7 Lantern Lane was built in 1967 and last sold on Jan 1, 1970 for $730,000.
How much is this home worth?
The estimated value of the home located at 7 Lantern Lane is $760,198.
What are some comparable homes to 7 Lantern Lane?
There are currently no comparable homes to 7 Lantern Lane.
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