$491,800
●
Condo -
Off Market
12 Denmark Ln #12
Needham, MA 02492
2 Beds
2 Baths,
1
Half Bath
2,082 Ft²
$993,632
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model
About This Property
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!
Unit Size
2,082 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
Condo
Property Taxes
$390
HOA Dues
$500
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 #71682003)
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 Garage
Has Carport
Parking Features: Carport, Common
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Plumbed For Ice Maker
Flooring Type: Wood, Tile, Carpet
Door Features: Storm Door(s)
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2082
Year Built Source: Public Records
Year Built: 1981
Building Name: Denmark Lane
Building Area Total: 2082
Other Structures: Workshop
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $402,400
Tax Annual Amount: $4,684
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Forced Air, Heat Pump, Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $500
HOA Fee Frequency: Monthly
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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