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Needham 02494
11 Lynn Rd
$595,000
● House - Off Market

11 Lynn Rd

Needham, MA 02494
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,732 Ft²
$1,270,925
RealtyHop Estimate
112.17%
Since May 1, 2011
MA-Boston
Primary Model

About This Property

Location, Location, Location! Immaculate ranch on one of Needham's most desirable streets. Central air and eat in kitchen, huge master bedroom with bath and cathedraled family room are only a few of this property's highlights. This warm and welcoming home can accommodate anyone, and also can be expanded. With easy access to Needham Center,commuter rail, the New Eliot school and highway, yet privately sited on a side street off a side street, this wonderful property has it all!
Unit Size
1,732 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$346
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1983

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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 #71195149)

Price History

Date / Event Date Event Price
Apr 28, 2011 Sold
Premium
Sold
Mar 3, 2011 Listed by Century 21 Commonwealth $599,000
Listed by Century 21 Commonwealth
Dec 3, 2010 Sold
Premium
Sold
Aug 13, 2010 Listed by Century 21 Commonwealth $569,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,882
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,762
  • Gross Building Area: 3,644
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000240
  • 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: SRB

Geography

  • Parcel: NEED M:093.0 B:0012 L:0021.0
  • Block: 12
  • Lot: 21.0
  • Municipality: NEEDHAM
  • Latitude: 42.3016
  • Longitude: -71.2365

    Address

  • Full Address: 11 Lynn Rd
  • Address - House Number: 11
  • Address - Street Name: Lynn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1755
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,033,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,152,513
  • High Value: 1,347,888
  • Low Value: 957,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $792,300
  • Assessed Land Value: $481,000
  • Assessed Improvements Value: $311,300

    Sales

  • Current Sale Recording Date: Apr 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: Dec 03, 2010
  • Previous Sale Amount: $555,000
  • 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# 71195149

Frequently Asked Questions

When was property at 11 Lynn Road built and last sold?
The property at 11 Lynn Road was built in 1983 and last sold on Jan 1, 1970 for $596,000.
How much is this home worth?
The estimated value of the home located at 11 Lynn Road is $611,446.
What are some comparable homes to 11 Lynn Road?
There are currently no comparable homes to 11 Lynn Road.
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