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28 Walnut St, Natick MA 01760

$669,000

Estimated $1,721.11/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $334,500

Total Rent: 50400/year

Estimated CAP Rate: 6.39%

4 Bedrooms

2 Full, 1 Half Baths

1,911 SqFt

Total Parking: 7 (2 Garage)

6,765 SqFt

This tucked away 2 family home, located in sought after Walnut Hill, is just moments away from vibrant Natick Center with great restaurants, entertainment, shops and the commuter rail. The rare and spacious 6,765sf lot is privately located off the street and includes a detached 2 car garage that is approximately 411sf. This property is waiting for a contractor or developer to create something fresh. The home is 1,911sf with a downstairs unit that is a 1 bedroom, 1 bathroom and an upstairs unit that is a 3 bedroom, 1.5 bathroom. There are currently tenants in place: downstairs is on a month to month lease that requires a minimum of 30 days notice, and the upstairs lease ends July 31st. What a perfect opportunity to create your own home and have all the amazing Natick amenities at your fingertips!

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 8:06am (Source: MLS PIN #73114992)

Gross Income: $50,400

Gross Expenses: $7,636

Net Income Calc: $42,764

CAP Rate: 6.39%

Annual Expenses for 28 Walnut St, Natick MA 01760

Total Gross Expenses (Calculated)$7,636/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,636

Annual Income & Unit Breakdown for 28 Walnut St, Natick MA 01760

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$1,800

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,400

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 28 Walnut St, Natick MA 01760

Listing ID73114992

Property TypeMulti Family / 2 Family

Price$669,000 ($350.08/SqFt)

Style2 Family - 2 Units Up/down

CityNatick

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,911 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking7 (2 Garage)

Garage Parking2 / Detached

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningRG

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 28 Walnut St, Natick MA 01760

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure411 sf detached 2 car garage

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$50,400

Total Net Income By Broker$50,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 28 Walnut St, Natick MA 01760

Real Estate Taxes$7,636

Tax Year2023

Assessed Value$604,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$50,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$50,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.39%

Location Information for 28 Walnut St, Natick MA 01760

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation, T-station

Contact Information for 28 Walnut St, Natick MA 01760

Agent

Name: Emily Ingardia

Office

Name: Donnelly + Co.

Phone: 617-982-0160

Payment Calculator

, Interest

Property Taxes 636.33

Principal & Interest 4122.17

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Donnelly + Co.

Emily Ingardia

Agent Phone

Office Phone

(617) 982-0160

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73114992&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 08:06:08
                    [modified] => 2024-05-07 08:06:08
                )

[21] => Array
                (
                    [id] => 7638519
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73114992&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 08:06:08
                    [modified] => 2024-05-07 08:06:08
                )

[22] => Array
                (
                    [id] => 7638520
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73114992&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 08:06:08
                    [modified] => 2024-05-07 08:06:08
                )

[23] => Array
                (
                    [id] => 7638521
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73114992&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 08:06:08
                    [modified] => 2024-05-07 08:06:08
                )

)

)

EXIT