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Needham 02492
15 Myrtle St
$1,150,000
● House - Off Market

15 Myrtle St

Needham, MA 02492
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,620 Ft²
$1,482,594
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Nestled on a small cul-de-sac in the heart of Needham, this sunny and bright, five-bedroom, three-bath home is sited on over a 17,000 sq.ft. lot, and offers over 2,600 square feet of living space. The main level boasts an open eat-in kitchen/family room with exposed beams, skylights and access to the spacious deck. There is also a formal living room, separate dining room and three bedrooms, including the master with en suite bath. The lower level, with direct access to the backyard, offers two additional bedrooms and a full bath, perfect for an au-pair or in-law suite. Other highlights include central air, hardwood floors and an oversized, two-car garage with storage. This home is located close to shops, restaurants, commuter rail, schools and more. Don't miss it!
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$439
Property Type
House
Property Taxes
$886
HOA Dues
-
Year Built
1988

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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: 5 years ago (MLSPIN #72716895)

Price History

Date / Event Date Event Price
Oct 16, 2020 Sold
Premium
Sold
Aug 27, 2020 Listed by Unlimited Sotheby's International Realty $1,150,000
Listed by Unlimited Sotheby's International Realty
Nov 30, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2002
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,612
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,736
  • Gross Building Area: 3,348
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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:139.0 B:0050 L:0000.0
  • Block: 50
  • Municipality: NEEDHAM
  • Latitude: 42.2779
  • Longitude: -71.2429

    Address

  • Full Address: 15 Myrtle St
  • Address - House Number: 15
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C025
  • 4-Digit Zip Code: 2229
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,293,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,395,392
  • High Value: 1,631,460
  • Low Value: 1,159,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $991,800
  • Assessed Land Value: $538,200
  • Assessed Improvements Value: $453,600

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112061
  • Previous Sale Recording Date: Nov 30, 1995
  • Previous Sale Amount: $382,500
  • 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:

$1,612,500

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4264 ft²

Average Home Age

37.7 years

Currently For Sale

66 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: 5 years ago
Data Source: MLS PIN, MLS# 72716895

Frequently Asked Questions

When was property at 15 Myrtle Street built and last sold?
The property at 15 Myrtle Street was built in 1988 and last sold on Sep 22, 2020 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 15 Myrtle Street is $0.
What are some comparable homes to 15 Myrtle Street?
There are currently no comparable homes to 15 Myrtle Street.
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