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Middlesex 01760
7 Tournament Rd
$640,000
● House - Off Market

7 Tournament Rd

Natick, MA 01760
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,028 Ft²
$653,080
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Great neighborhood,TOWN WATER & SEWER, GAS HEAT! Easy access to public transportation / shopping. Basement is finished with fireplace  (which adds 500+- sq ft). Brand new lower level carpeting! 1 car garage  Roof shingles were redone about 10 years ago. Property is in need of  landscaping, and exterior staining/painting.  Brand new hot water tank (Jan 2023). Rear deck needs updating. Washer/dryer refrig. are  include in sale . House is being sold "AS IS" Accompanied showings only Property is not on lock box. All displayed information was gathered from reliable sources, however buyer should do their own due diligence There is no sellers disclosure
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$632
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1975

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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 #73081096)

Price History

Date / Event Date Event Price
May 22, 2023 Sold
Premium
Sold
Apr 13, 2023 In contract -
In contract
Apr 11, 2023 Relisted $650,000
Relisted
Mar 30, 2023 In contract -
In contract
Mar 12, 2023 Price Decreased $650,000
↓ $25K (3.7%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,957
  • Total Building Area: 1,028
  • Gross Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000435
  • 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: 382602

Zoning

  • Zoning: RSA

Geography

  • Account Number: 40-00000170
  • Parcel: NATI M:00000040 P:00000170
  • Municipality: NATICK
  • Latitude: 42.285
  • Longitude: -71.3853

    Address

  • Full Address: 7 Tournament Rd
  • Address - House Number: 7
  • Address - Street Name: Tournament
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Natick
  • Carrier Code: C015
  • 4-Digit Zip Code: 3220
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $745,500

    Appraisal Valuation

  • Standard Deviation: 0.1589
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 666,452
  • High Value: 772,359
  • Low Value: 560,545

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,100
  • Assessed Land Value: $417,900
  • Assessed Improvements Value: $190,200

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1937337
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 73081096

Frequently Asked Questions

When was property at 7 Tournament Road built and last sold?
The property at 7 Tournament Road was built in 1975 and last sold on May 22, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 7 Tournament Road is $647,052.
What are some comparable homes to 7 Tournament Road?
There are currently no comparable homes to 7 Tournament Road.
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