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7 Days on market

38 Loker St Natick — Photo 1 of 40

$699,000

Investment Analysis — 38 Loker St

Natick, MA 01760

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01760 carries an estimated $2,450/mo in gross rent — about a 2.23% cap rate and $15,561/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,362

Style

Single Family

Built

1925

Welcome to 38 Loker Street, ideally set in one of Natick's most convenient and sought-after neighborhoods. This charming 1925-built home offers 1,362 square feet of living space with 1 bedroom, a versatile loft, and 2 bathrooms, blending timeless character with thoughtful updates throughout. Original architectural details give the home warmth and personality, while more recent mechanicals — including 2 mini-splits and an updated hot water tank — offer everyday comfort and peace of mind. The loft adds flexible space, perfect for a home office, guest area, or reading nook. Set on a 0.15-acre lot, the property includes a free-standing 1-car garage along with a manageable outdoor footprint perfect for relaxing or entertaining. Enjoy easy access to Natick's shops, restaurants, parks, and commuter routes — everything you need is just minutes away.38 Loker St presents a rare opportunity to own a piece of Natick's history in a location that can't be beat — ideal for a first-time buyer or anyone looking to downsize without sacrificing character.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 681 sq ft (the lesser of 900 sq ft or half the 1,362 sq ft principal dwelling). Lot size: 6,499 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.