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Needham 02494
15 Concord Street
$970,000
● House - Off Market

15 Concord Street

Needham, MA 02494
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,752 Ft²
$1,267,252
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

**Open House Canceled**  Welcome to this warm, bright and cheery Cape style home in the heart of a friendly neighborhood in the Mitchell School district.  It is just under a ½ mile from the Needham Heights Station Commuter Rail.   This home has an updated kitchen with granite countertops, a new range, a new dishwasher and opens into a dining room with a built-in china cabinet.   A living room with a fireplace, a sunny den, and a half bath round out the first floor. On the second floor you will find 4 bedrooms all with hardwood floors and a full bathroom. The finished basement has a large family room with a fireplace, a bonus room with a full bathroom that could be used as a bedroom, office or an au pair suite.  Public showings begin Friday 1/24.
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$514
Property Type
House
Property Taxes
$797
HOA Dues
-
Year Built
1939

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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 #72611043)

Price History

Date / Event Date Event Price
Feb 26, 2020 Sold
Premium
Sold
Jan 23, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $900,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jul 7, 2014 Sold
Premium
Sold
Apr 16, 2014 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $747,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Dec 15, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 2010
  • 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: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,752
  • Gross Building Area: 2,472
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARLETA PARK
  • Land Acres: 0000000180
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:064.0 B:0025 L:0000.0
  • Block: 25
  • Municipality: NEEDHAM
  • Latitude: 42.2926
  • Longitude: -71.2288

    Address

  • Full Address: 15 Concord St
  • Address - House Number: 15
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C054
  • 4-Digit Zip Code: 1501
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,187,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,264,401
  • High Value: 1,478,743
  • Low Value: 1,050,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $910,500
  • Assessed Land Value: $564,900
  • Assessed Improvements Value: $345,600

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17227
  • Previous Sale Recording Date: Jul 07, 2014
  • Previous Sale Amount: $782,500
  • Previous Sale Document Type: O
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

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4088 ft²

Average Home Age

37.5 years

Currently For Sale

70 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# 72611043

Frequently Asked Questions

When was property at 15 Concord Street built and last sold?
The property at 15 Concord Street was built in 1939 and last sold on Feb 21, 2020 for $970,000.
How much is this home worth?
The estimated value of the home located at 15 Concord Street is $914,340.
What are some comparable homes to 15 Concord Street?
There are currently no comparable homes to 15 Concord Street.
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