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Needham 02494
12 Mills Rd
Photo of 12 Mills Rd
Sold on May 28, 2004

1

Map

$458,550
● House - Off Market

12 Mills Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,752 Ft²
$871,738
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

CHARMING OLDER COLONIAL. MOVE-IN CONDITION. FIRST FLOOR FIREPLACED FAMILY ROOM. 3 SECOND FLOOR BEDROOMS, HARDWOOD FLOORS, HIGH CEILINGS, MANY SPECIAL FEATURES INCLUDING LOWER LEVEL PLAY ROOM. CONVENIENT LOCATION. A MUST SEE!
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$262
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70008446)

Price History

Date / Event Date Event Price
May 28, 2004 Sold
Premium
Sold
Mar 18, 2004 Listed $459,000
Listed
Jan 29, 1999 Sold
Premium
Sold
Oct 19, 1998 Listed $324,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,016
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,764
  • Gross Building Area: 2,768
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 403501

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:071.0 B:0029 L:0000.0
  • Block: 29
  • Municipality: NEEDHAM
  • Latitude: 42.2994
  • Longitude: -71.2299

    Address

  • Full Address: 12 Mills Rd
  • Address - House Number: 12
  • Address - Street Name: Mills
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C047
  • 4-Digit Zip Code: 2115
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $879,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,028,446
  • High Value: 1,187,731
  • Low Value: 869,161

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674,600
  • Assessed Land Value: $442,600
  • Assessed Improvements Value: $232,000

    Sales

  • Current Sale Recording Date: May 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 29, 1999
  • Previous Sale Amount: $308,675
  • 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:

$1,627,000

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 months ago
Data Source: MLS PIN, MLS# 70008446

Frequently Asked Questions

When was property at 12 Mills Road built and last sold?
The property at 12 Mills Road was built in 1915 and last sold on Jan 1, 1970 for $458,550.
How much is this home worth?
The estimated value of the home located at 12 Mills Road is $485,156.
What are some comparable homes to 12 Mills Road?
There are currently no comparable homes to 12 Mills Road.
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