$565,000
●
Condo -
Off Market
12 Denmark #12
Needham, MA 02492
3 Beds
2 Baths,
1
Half Bath
1,600 Ft²
$1,053,183
RealtyHop Estimate
83.19%
Since Feb 1, 2005
MA-Boston
Primary Model
About This Property
3 min to comm rail, shops/rests in Needham cntr. 3 beds 2.5 bath
end-unit. Custom kitchen w/granite counters wine fridge, dishwshr,
oven/cooktop, Groehe fixtures, maple cabinets. 1st flr complete
renovated w/hrdwd, moldings, new paint walls/ceilings. New hrdwd
stairs, rails. Glass doors extend from LR to private 18x15 deck.
2nd floor: Master BR w/bath, cust closet, bath/laundry. New hrdwds
in hall. Lower level features a new bedroom/office: Internet 3
phone lines, lrg storage area. Pets welcome
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$359
Property Type
Condo
Property Taxes
$295
HOA Dues
$225
Year Built
1981
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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 #70120690)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed | $799,000 | |
| Listed | |||
   | |||
|
Rarely Available End Unit in Denmark Lane! A Fabulous Needham Center Location! This bright and sunny 2 bedroom 2.5 bath unit has many updates. Eat in Kitchen with lots of cabinetry, stainless steel appliances and recessed lights. Nice size dining area opens to a lovely living room with fireplace and sliders leading to a private deck and small yard. Hardwood floors throughout, Nice Size bedrooms, master with private master bath and office area. Full Size washer and dryer on 2nd floor, good size cosets.Bonus of a finished room in the basement with newer carpet and recessed lights. Very well managed complex. This downtown location is close to shops, restaurants and Commuter Rail. Pets are allowed!
| |||
| Sep 8, 2014 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by William Raveis R.E. & Home Services | $545,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Bright, 2 bedroom/ 2.5 bath end unit in superb Needham Center location. Custom granite and maple kitchen includes wine frig. Fireplaced living room has sliders to large, private deck with retractable awning. Laundry on second floor. Bonus room in basement as well as generous storage. Covered parking! Close to train, shops, restaurants! Pets okay!
| |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Carport, Off Street, Deeded, Common, Guest
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Second Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 1600
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1981
Building Name: Denmark Lane
Building Area Total: 1600
Other Structures: Workshop
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Tax Lot: 0012
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 132
Tax Assessed Value: $374,400
Tax Annual Amount: $3,538
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump, Electric
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $225
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2025
|
2 Bed
|
2 Bath
|
1640 ft²
|
$799,000
2 Bed
2 Bath
1640 ft²
|
$860,000
+7.63%
05/19/2025
|
Maureen Steverman
William Raveis R.E. & Home Services
| |
|
05/15/2014
|
2 Bed
|
3 Bath
|
2082 ft²
|
$545,000
2 Bed
3 Bath
2082 ft²
|
$491,800
-9.76%
09/08/2014
|
Deborah Geheran
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
11/26/2004
|
3 Bed
|
2 Bath
|
1600 ft²
|
$574,900
3 Bed
2 Bath
1600 ft²
|
$565,000
-1.72%
01/27/2005
|
Joe Sweeney
EXACT Real Estate
|
Building Info
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