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Needham 02492
121 Charles River St
$1,347,500
● House - Off Market

121 Charles River St

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,429 Ft²
$2,548,449
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Just completed!  An abundance of space and privacy on an oversized lot on Charles River Street.  New construction colonial brimming w/ high end finishes on three levels.  The custom kitchen boasts bright white inset cabinets, Thermador appliances and a stunning multi-level island with a butcher block countertop.  The BIG family room pops with built-ins surrounding the fireplace.  The family room, kitchen and breakfast nook all overlook the patio and large backyard abutting conservation land.  Four bedrooms upstairs to go along with the custom designed master, en-suite and jack-and-jill baths.  Playroom, additional bedroom with huge closet and tastefully tiled bath on the finished third floor.
Unit Size
4,429 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$316
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
2014

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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 #71741820)

Price History

Date / Event Date Event Price
Dec 19, 2014 Sold
Premium
Sold
Sep 10, 2014 Listed by Hawthorn Properties $1,399,000
Listed by Hawthorn Properties
Jul 29, 2013 Sold
Premium
Sold
May 11, 2013 Listed by Hawthorn Properties $565,000
Listed by Hawthorn Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,769
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 4,511
  • Gross Building Area: 6,280
  • Building Area: 4,511
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,511
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:211.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: NEEDHAM
  • Latitude: 42.2635
  • Longitude: -71.2644

    Address

  • Full Address: 121 Charles River St
  • Address - House Number: 121
  • Address - Street Name: Charles River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C018
  • 4-Digit Zip Code: 1473
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,372,600

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 2,526,017
  • High Value: 2,827,501
  • Low Value: 2,224,533

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,819,500
  • Assessed Land Value: $658,700
  • Assessed Improvements Value: $1,160,800

    Sales

  • Current Sale Recording Date: Dec 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111911
  • Previous Sale Recording Date: Jul 29, 2013
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

3984 ft²

Average Home Age

38.7 years

Currently For Sale

69 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# 71741820

Frequently Asked Questions

When was property at 121 Charles River Street built and last sold?
The property at 121 Charles River Street was built in 2014 and last sold on Jan 1, 1970 for $1,347,500.
How much is this home worth?
The estimated value of the home located at 121 Charles River Street is $1,424,084.
What are some comparable homes to 121 Charles River Street?
There are currently no comparable homes to 121 Charles River Street.
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