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Needham 02494
110 Pine Grove Street
$800,000
● House - Off Market

110 Pine Grove Street

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,040 Ft²
$824,933
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Welcome to Needham! Attention BUILDERS AND CONTRACTORS, take notice of this rare but excellent investment opportunity to build new construction or add on to this 3BR 2BA Ranch in a quaint desirable neighborhood! Spacious cleared lot is a perfect spot for a grandiose home. This well cared for home has hardwood floor throughout, open floor plan with lovely kitchen, living room/dining room, family room with bar, two fireplaces, two full bathrooms and large wood deck. Long driveway for extra parking. Conveniently located near downtown, commuter rail, shopping, restaurants and highway.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$625
Property Type
House
Property Taxes
$594
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: 4 years ago (MLSPIN #72741498)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
May 28, 2021 Listed by Louise Condon Realty $2,399,000
Listed by Louise Condon Realty
Dec 2, 2020 Sold
Premium
Sold
Oct 12, 2020 Listed by Louise Condon Realty $650,000
Listed by Louise Condon Realty
Oct 28, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 5,050
  • Gross Building Area: 2,080
  • Building Area: 5,050
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000250
  • 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:0037 L:0000.0
  • Block: 37
  • Municipality: NEEDHAM
  • Latitude: 42.3003
  • Longitude: -71.2401

    Address

  • Full Address: 110 Pine Grove St
  • Address - House Number: 110
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1766
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,183,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 3,193,186
  • High Value: 3,687,744
  • Low Value: 2,698,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,441,200
  • Assessed Land Value: $481,700
  • Assessed Improvements Value: $1,959,500

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113409
  • Previous Sale Recording Date: Dec 02, 2020
  • Previous Sale Contract Date: Dec 01, 2020
  • Previous Sale Amount: $800,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72741498

Frequently Asked Questions

When was property at 110 Pine Grove Street built and last sold?
The property at 110 Pine Grove Street was built in 2021 and last sold on Aug 31, 2021 for $2,359,435.
How much is this home worth?
The estimated value of the home located at 110 Pine Grove Street is $2,459,732.
What are some comparable homes to 110 Pine Grove Street?
There are currently no comparable homes to 110 Pine Grove Street.
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