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Needham 02492
1 Emerson Place
Photo of 1 Emerson Place
Sold on Sep 2, 2011

1

Map

$600,000
● House - Off Market

1 Emerson Place

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,738 Ft²
$1,289,196
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

Warm and inviting English Colonial w/bright and airy open floor plan sited on picturesque well landscaped lot w/1 car gar, storage shed, patio & walking distance to the Train! Spectacular 12x24 gas fireplaced FamRm w/built-in & granite hearth; cabinet Kitchen w/gas range, Bosch dishwasher & eat-in-area, LR w/masonry fireplace, DR w/built-in hutch, Master Bdrm w/walk-in closet, good size secondary bdrms w/closets, hardwood floors, Central A/C!  Pretty curb appeal w/great backyard. Mint Condition!
Unit Size
1,738 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$354
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1932

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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: 2 months ago (MLSPIN #71257170)

Price History

Date / Event Date Event Price
Sep 29, 2014 Sold
Premium
Sold
Aug 20, 2014 Listed by Century 21 Commonwealth $700,000
Listed by Century 21 Commonwealth
Sep 2, 2011 Sold
Premium
Sold
Jul 5, 2011 Listed by Century 21 Commonwealth $614,900
Listed by Century 21 Commonwealth
Dec 1, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1997
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,108
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,732
  • Gross Building Area: 2,840
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALGER E EATON
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403300

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:044.0 B:0005 L:0000.0
  • Block: 5
  • Municipality: NEEDHAM
  • Latitude: 42.2703
  • Longitude: -71.2397

    Address

  • Full Address: 1 Emerson Pl
  • Address - House Number: 1
  • Address - Street Name: Emerson
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Needham
  • Carrier Code: C032
  • 4-Digit Zip Code: 2828
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,036,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,169,728
  • High Value: 1,367,619
  • Low Value: 971,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $794,600
  • Assessed Land Value: $535,100
  • Assessed Improvements Value: $259,500

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84452
  • Previous Sale Recording Date: Sep 02, 2011
  • Previous Sale Amount: $600,000
  • 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 Needham

Stats & Trends

Median Asking:

$1,600,000

Sale Price/ft²

$533

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4159 ft²

Average Home Age

38.5 years

Currently For Sale

68 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71257170

Frequently Asked Questions

When was property at 1 Emerson Place built and last sold?
The property at 1 Emerson Place was built in 1932 and last sold on Jan 1, 1970 for $695,000.
How much is this home worth?
The estimated value of the home located at 1 Emerson Place is $714,946.
What are some comparable homes to 1 Emerson Place?
There are currently no comparable homes to 1 Emerson Place.
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