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Needham 02492
12 Walnut St
$910,000
● House - Off Market

12 Walnut St

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,967 Ft²
$991,555
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Beautiful Dutch Gambrel in Needham Centre. Antique features with modern touches, gorgeous hardwood floors, front to back living room with oversized windows and glorious light, dining room with bay windows and remodeled kitchen with bow window overlooking private yard. Three bedrooms on the second floor with family bath, third floor has office space, fourth bedroom and full bath, lower level finished space for additional family den, home office, or workout room, this home has amazing finished space and is deceptively larger than you would think a must see. Large deck leads to private flat yard and one car garage and driveway with space for three cars. Neighborhood is fantastic and easy to enjoy everything Needham has to offer.
Unit Size
1,967 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$482
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1890

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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 months ago (MLSPIN #72990478)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Jun 1, 2022 Listed by Keller Williams Realty $949,000
Listed by Keller Williams Realty
Oct 15, 2004 Sold
Premium
Sold
Jun 24, 2004 Listed by Keller Williams Realty $599,900
Listed by Keller Williams Realty
Jul 8, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 753
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,768
  • Gross Building Area: 2,519
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000130
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:132.0 B:0082 L:0000.0
  • Block: 82
  • Municipality: NEEDHAM
  • Latitude: 42.2785
  • Longitude: -71.2414

    Address

  • Full Address: 12 Walnut St
  • Address - House Number: 12
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C014
  • 4-Digit Zip Code: 2218
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $938,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,075,897
  • High Value: 1,312,705
  • Low Value: 839,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,000
  • Assessed Land Value: $493,500
  • Assessed Improvements Value: $226,500

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68864
  • Previous Sale Recording Date: Oct 15, 2004
  • Previous Sale Amount: $570,375
  • 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:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72990478

Frequently Asked Questions

When was property at 12 Walnut Street built and last sold?
The property at 12 Walnut Street was built in 1890 and last sold on Jul 7, 2022 for $910,000.
How much is this home worth?
The estimated value of the home located at 12 Walnut Street is $951,312.
What are some comparable homes to 12 Walnut Street?
There are currently no comparable homes to 12 Walnut Street.
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