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Needham 02492
101 May Street
$995,000
● House - Off Market

101 May Street

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$2,183,456
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Nearing completion, still time to make some decorating decisions.  Rare new construction in Sought after intown location.  Within walking distance to everything. Boston train, Schools, Shopping, playground, YMCA and  much more. Home is slated to be complete in the Spring of 2012. Call broker for details. see Attached plans and spec.  call for a private showing.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$328
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
2012

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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 #71380441)

Price History

Date / Event Date Event Price
Nov 30, 2012 Sold
Premium
Sold
May 9, 2012 Listed by RE/MAX Home Team $1,049,000
Listed by RE/MAX Home Team
Aug 2, 2011 Sold
Premium
Sold
Jun 25, 2011 Listed by RE/MAX Home Team $429,900
Listed by RE/MAX Home Team

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,181
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,724
  • Gross Building Area: 3,905
  • Building Area: 2,724
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,724
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN L TWIGG
  • Land Acres: 0000000180
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:053.0 B:0004 L:0000.0
  • Block: 4
  • Municipality: NEEDHAM
  • Latitude: 42.283
  • Longitude: -71.2346

    Address

  • Full Address: 101 May St
  • Address - House Number: 101
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C025
  • 4-Digit Zip Code: 3135
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,705,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 1,722,279
  • High Value: 2,005,275
  • Low Value: 1,439,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,307,800
  • Assessed Land Value: $563,500
  • Assessed Improvements Value: $744,300

    Sales

  • Current Sale Recording Date: Nov 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000014
  • Previous Sale Recording Date: Aug 02, 2011
  • Previous Sale Amount: $400,000
  • 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:

$1,625,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4189 ft²

Average Home Age

38.3 years

Currently For Sale

66 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 months ago
Data Source: MLS PIN, MLS# 71380441

Frequently Asked Questions

When was property at 101 May Street built and last sold?
The property at 101 May Street was built in 2012 and last sold on Jan 1, 1970 for $995,000.
How much is this home worth?
The estimated value of the home located at 101 May Street is $1,089,242.
What are some comparable homes to 101 May Street?
There are currently no comparable homes to 101 May Street.
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