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Needham 02494
101 Pine Grove St
$726,000
● House - Off Market

101 Pine Grove St

Needham, MA 02494
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,591 Ft²
$1,178,169
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

This lovely 4 bedroom, 2.5 half bath single family home is located in Needham Heights situated on a large private lot with fenced in backyard abuttuing a wooded area.  There is two zone heating with a newer furnace and hot water heater.  One of the bedroom offers a cedar closet, and the upstairs master has a large skylight with screen.  All toilets are water efficient and raised for comfort. BONUS!!- finished basement and half bath which easily adds 400+ living space to the home.  There is an oversized, detached 1 car garage and large driveway to easily fit 5 cars.  Walking distance to buses, commuter train and Cricket Field.  Convenient to 128/95 and the newly constructed John Eliot Elementary School.
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$475
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
1949

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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 #72136678)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by Lyons Group Real Estate $989,000
Listed by Lyons Group Real Estate
Jul 10, 2017 Sold
Premium
Sold
Mar 28, 2017 Listed by Lyons Group Real Estate $755,000
Listed by Lyons Group Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,290
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,376
  • Gross Building Area: 3,665
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 403502

Zoning

  • Zoning: B

Geography

  • Parcel: NEED M:096.0 B:0044 L:0000.0
  • Block: 44
  • Municipality: NEEDHAM
  • Latitude: 42.3003
  • Longitude: -71.2394

    Address

  • Full Address: 101 Pine Grove St
  • Address - House Number: 101
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1716
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,324,700

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,431,564
  • High Value: 1,672,262
  • Low Value: 1,190,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,015,900
  • Assessed Land Value: $482,700
  • Assessed Improvements Value: $533,200

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57417
  • Previous Sale Recording Date: Jul 10, 2017
  • Previous Sale Amount: $726,000
  • Previous Sale Document Type: O
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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4242 ft²

Average Home Age

40.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72136678

Frequently Asked Questions

When was property at 101 Pine Grove Street built and last sold?
The property at 101 Pine Grove Street was built in 1949 and last sold on Apr 30, 2021 for $1,065,000.
How much is this home worth?
The estimated value of the home located at 101 Pine Grove Street is $1,021,923.
What are some comparable homes to 101 Pine Grove Street?
There are currently no comparable homes to 101 Pine Grove Street.
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