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Middlesex 01760
7 Wellesley Ave
Photo of 7 Wellesley Ave
Sold on Jul 31, 2009

1

Map

$330,000
● House - Off Market

7 Wellesley Ave

Natick, MA 01760
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,317 Ft²
$708,296
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

BEAUTIFULLY MAINTAINED CHARMING VILLAGE COLONIAL WITH INVITING FRONT PORCH - GLEAMING HARDWOOD FLOORS - 1ST FLOOR LAUNDRY - 3RD BEDROOM IS SMALL AND IDEAL FOR OFFICE OR NURSERY - INTERIOR FRESHLY PAINTED 3/09 - BRIGHT OPEN KITCHEN WITH "2009" STAINLESS STEEL APPLIANCES - DELEADING COMPLIANCE AS OF 4/08 - WINDOWS, ROOF AND ELECTRIC UPDATED 2002 - WALL INSULATION PROFESSIONALLY INSTALLED/BLOWN IN 2005 - CONVENIENT TO COMMUTER RAIL AND MAJOR ROADS
Unit Size
1,317 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$262
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1925

Payment Calculator

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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: 6 months ago (MLSPIN #70917640)

Price History

Date / Event Date Event Price
Jul 31, 2009 Sold
Premium
Sold
May 13, 2009 Listed $345,000
Listed
Oct 29, 2004 Sold
Premium
Sold
Aug 5, 2004 Listed $309,000
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 6
  • Basement Area: 440
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 1,925
  • Gross Building Area: 1,925
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 382601

Zoning

  • Zoning: RG

Geography

  • Account Number: 40-00000099
  • Parcel: NATI M:00000040 P:00000099
  • Municipality: NATICK
  • Latitude: 42.2816
  • Longitude: -71.3857

    Address

  • Full Address: 7 Wellesley Ave
  • Address - House Number: 7
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Natick
  • Carrier Code: C033
  • 4-Digit Zip Code: 3712
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $893,400

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 863,859
  • High Value: 1,014,920
  • Low Value: 712,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $728,700
  • Assessed Land Value: $354,000
  • Assessed Improvements Value: $374,700

    Sales

  • Current Sale Recording Date: Jul 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00150581
  • Previous Sale Recording Date: Oct 29, 2004
  • Previous Sale Amount: $297,500
  • 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:

$824,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 70917640

Frequently Asked Questions

When was property at 7 Wellesley Avenue built and last sold?
The property at 7 Wellesley Avenue was built in 1925 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 7 Wellesley Avenue is $358,539.
What are some comparable homes to 7 Wellesley Avenue?
There are currently no comparable homes to 7 Wellesley Avenue.
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