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Middlesex 01760
8 Terrane Ave.
$505,500
● House - Off Market

8 Terrane Ave.

Natick, MA 01760
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,585 Ft²
$960,678
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

GREAT NEIGHBORHOOD SETTING! WALK TO BEN-HEM ELEMENTARY & WILSON MIDDLE SCHOOLS! LG 2600 SQ FT COLONIAL W/4 OR 5 BRs. 1st FLOOR FAMILY ROOM W/VAULTED CEILING & SKYLIGHTS, OFF KITCHEN W/SLIDERS TO PVT. PATIO. 1st FLOOR OFFICE (OR BR 5), LG. LIVING ROOM W/FIREPLACE & FORMAL DINING ROOM. MASTER SUITE W/JULIET BALCONY & WALK IN CLOSET, PLUS 3 OTHER SPACIOUS BRs ON 2nd FLOOR! 1st FLOOR LAUNDRY, RECESSED LIGHTING, CENTRAL A/C* LOTS OF STORAGE! UTILITY & WORK ROOM, LG STORAGE SHED AND BEAUTIFUL YARD!
Unit Size
2,585 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$195
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1953

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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 #71436065)

Price History

Date / Event Date Event Price
Jul 11, 2013 Sold
Premium
Sold
Sep 17, 2012 Listed by RE/MAX Home Finders $504,900
Listed by RE/MAX Home Finders

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1962
  • 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: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,560
  • Total Building Area: 2,884
  • Gross Building Area: 2,884
  • Building Area: 2,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,884
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000357
  • 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: 382100

Zoning

  • Zoning: RSA

Geography

  • Account Number: 19-00000041
  • Parcel: NATI M:00000019 P:00000041
  • Municipality: NATICK
  • Latitude: 42.3041
  • Longitude: -71.3537

    Address

  • Full Address: 8 Terrane Ave
  • Address - House Number: 8
  • Address - Street Name: Terrane
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Natick
  • Carrier Code: C018
  • 4-Digit Zip Code: 1707
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,037,800

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 993,645
  • High Value: 1,167,402
  • Low Value: 819,888

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $846,500
  • Assessed Land Value: $436,800
  • Assessed Improvements Value: $409,700

    Sales

  • Current Sale Recording Date: Jul 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000015
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71436065

Frequently Asked Questions

When was property at 8 Terrane Avenue built and last sold?
The property at 8 Terrane Avenue was built in 1953 and last sold on Jan 1, 1970 for $505,500.
How much is this home worth?
The estimated value of the home located at 8 Terrane Avenue is $542,572.
What are some comparable homes to 8 Terrane Avenue?
There are currently no comparable homes to 8 Terrane Avenue.
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