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Needham 02492
12 Allen St
$769,000
● House - Off Market

12 Allen St

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,432 Ft²
$975,959
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Well constructed Brick Colonial built in 1925 displays period charm & detail. There are 8 rooms, 3+ bedrooms & 2 full baths, with four rooms on each level.  Original wood details include: crown molding, built in china hutch, wood floors, cherry banister & french doors.  The house also boasts high ceilings, well proportioned rooms, built in breakfast banquet, large fireplace, hardwood flooring throughout, ample closet space and large attic storage with expansion potential. Full basement with access to oversized garage and laundry room. Gas utilities and systems with some updates. Additional updating will make this house shine. Large side yard for outdoor entertainment. Convenient to Heresy train stop & middle school.  Showings begin Sunday 9/20 at Open House from 12:30 to 3:00.  Interior pictures to come.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$316
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1925

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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 #72729306)

Price History

Date / Event Date Event Price
Dec 17, 2020 Sold
Premium
Sold
Sep 18, 2020 Listed by Louise Condon Realty $769,000
Listed by Louise Condon Realty
Jun 16, 1971 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,216
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,432
  • Gross Building Area: 3,648
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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:0002 L:0000.0
  • Block: 2
  • Municipality: NEEDHAM
  • Latitude: 42.2754
  • Longitude: -71.2204

    Address

  • Full Address: 12 Allen St
  • Address - House Number: 12
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 3702
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $991,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,044,224
  • High Value: 1,202,461
  • Low Value: 885,987

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $760,100
  • Assessed Land Value: $571,900
  • Assessed Improvements Value: $188,200

    Sales

  • Current Sale Contract Date: Nov 03, 2020
  • Current Sale Recording Date: Dec 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143237
  • Previous Sale Recording Date: Jun 16, 1971
  • Previous Sale Amount: $35,300
  • 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:

$1,629,000

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 years ago
Data Source: MLS PIN, MLS# 72729306

Frequently Asked Questions

When was property at 12 Allen Street built and last sold?
The property at 12 Allen Street was built in 1925 and last sold on Nov 3, 2020 for $769,000.
How much is this home worth?
The estimated value of the home located at 12 Allen Street is $0.
What are some comparable homes to 12 Allen Street?
There are currently no comparable homes to 12 Allen Street.
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