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Middlesex 01760
8 Elm St
$340,000
● House - Off Market

8 Elm St

Natick, MA 01760
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,218 Ft²
$440,055
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

As is.  Amazing location on a one-way street in quiet Natick neighborhood.  This home is situated on a level lot and is very conveniently located in close proximity to downtown Natick and what that offers:  MBTA Commuter rail, schools, shopping, dog park, public beach and more.  Buyer and Buyer's Agent to perform due diligence.  Will not qualify for a conventional mortgage.  Buyer responsible for Smoke/CO Certification and final water reading before closing.
Unit Size
1,218 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$287
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72760791)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Milestone Realty, Inc. $849,000
Listed by Milestone Realty, Inc.
Jan 12, 2021 Sold
Premium
Sold
Nov 24, 2020 Listed by Milestone Realty, Inc. $349,900
Listed by Milestone Realty, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,829
  • Total Building Area: 1,911
  • Gross Building Area: 1,911
  • Building Area: 1,911
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,911
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000088
  • 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: RSA

Geography

  • Account Number: 43-00000224
  • Parcel: NATI M:00000043 P:00000224
  • Municipality: NATICK
  • Latitude: 42.2824
  • Longitude: -71.3528

    Address

  • Full Address: 8 Elm St
  • Address - House Number: 8
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Natick
  • Carrier Code: C005
  • 4-Digit Zip Code: 4402
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,138,600

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 964,045
  • High Value: 1,180,060
  • Low Value: 748,030

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $928,700
  • Assessed Land Value: $359,400
  • Assessed Improvements Value: $569,300

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 199632
  • Previous Sale Recording Date: Jan 12, 2021
  • Previous Sale Contract Date: Jan 08, 2021
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: O
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

64.6 years

Currently For Sale

3186 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: 4 years ago
Data Source: MLS PIN, MLS# 72760791

Frequently Asked Questions

When was property at 8 Elm Street built and last sold?
The property at 8 Elm Street was built in 1890 and last sold on Sep 7, 2021 for $849,000.
How much is this home worth?
The estimated value of the home located at 8 Elm Street is $844,996.
What are some comparable homes to 8 Elm Street?
There are currently no comparable homes to 8 Elm Street.
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