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Needham 02492
11 Allen St
$730,000
● House - Off Market

11 Allen St

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,893 Ft²
$1,021,810
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Lovingly restored SUNNY and bright Cape Style Home. Located on a small PRIVATE ROAD near Hershey train station and Needham Golf Club. Spacious Deck with Built-in planters. Well landscaped lot. 2 bedrooms and a bath on each level, allowing for flexibility of use and privacy. Open first floor plan with Fireplace in living room, Dining area and family room with tray ceiling. Crown Molding throughout. Custom Kitchen with new granite counters and stainless appliances. Located within Broadmeadow School district! Easy Rte 128 Access. Priced right for quick sale, sold as-is!
Unit Size
1,893 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$422
Property Type
House
Property Taxes
$752
HOA Dues
-
Year Built
2021

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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: 5 months ago (MLSPIN #72668505)

Price History

Date / Event Date Event Price
May 5, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by Arrive Real Estate $1,649,900
Listed by Arrive Real Estate
Nov 10, 2020 Sold
Premium
Sold
Jun 5, 2020 Listed by Arrive Real Estate $799,000
Listed by Arrive Real Estate
Jun 1, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,185
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,836
  • Gross Building Area: 3,078
  • Building Area: 2,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN SQUARE
  • Land Acres: 0000000190
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:032.0 B:0018 L:0000.0
  • Block: 18
  • Municipality: NEEDHAM
  • Latitude: 42.2756
  • Longitude: -71.2208

    Address

  • Full Address: 11 Allen St
  • Address - House Number: 11
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 3701
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,161,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,089,391
  • High Value: 2,412,994
  • Low Value: 1,765,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,657,400
  • Assessed Land Value: $566,500
  • Assessed Improvements Value: $1,090,900

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59501
  • Previous Sale Recording Date: Nov 10, 2020
  • Previous Sale Contract Date: Nov 01, 2020
  • Previous Sale Amount: $730,000
  • Previous Sale Document Type: O

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Type:
    Premium
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:

$1,612,500

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

63

Average Home Size

4224 ft²

Average Home Age

37.6 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: 5 months ago
Data Source: MLS PIN, MLS# 72668505

Frequently Asked Questions

When was property at 11 Allen Street built and last sold?
The property at 11 Allen Street was built in 2021 and last sold on May 5, 2021 for $1,649,900.
How much is this home worth?
The estimated value of the home located at 11 Allen Street is $1,665,204.
What are some comparable homes to 11 Allen Street?
There are currently no comparable homes to 11 Allen Street.
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