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Needham 02492
150 Laurel Dr
$515,272
● House - Off Market

150 Laurel Dr

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$1,122,639
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Welcome to this Classic Charming Cape on cul de sac yet walk to town and commuter rail to Boston.  Home has beautiful hardwood floors, nice deck overlooking large rear garden perfect for swing set or gardening, fireplaced living room. 2 full baths, screened porch off back garden. Great neighborhood!  one car garage under, walk to Needham train station in 5 minutes (REALLY)   GAS on the street !!!
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$348
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1938

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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 #71398927)

Price History

Date / Event Date Event Price
Apr 29, 2026 Sold
Premium
Sold
Mar 13, 2026 In contract -
In contract
Mar 7, 2026 Price Increased $925,000
↑ $410K (79.5%)
Price Increased
Mar 7, 2026 Relisted $515,272
Relisted
Mar 4, 2026 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 544
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,551
  • Gross Building Area: 2,094
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: M-31A MADISON EAST
  • Land Acres: 0000000210
  • 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:203.0 B:0078 L:0000.0
  • Block: 78
  • Municipality: NEEDHAM
  • Latitude: 42.2709
  • Longitude: -71.2331

    Address

  • Full Address: 150 Laurel Dr
  • Address - House Number: 150
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C004
  • 4-Digit Zip Code: 3207
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $933,100

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 998,939
  • High Value: 1,150,314
  • Low Value: 847,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $715,600
  • Assessed Land Value: $522,700
  • Assessed Improvements Value: $192,900

    Sales

  • Current Sale Recording Date: Oct 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Jun 25, 2003
  • Previous Sale Amount: $459,000
  • 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:

$1,629,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71398927

Frequently Asked Questions

When was property at 150 Laurel Drive built and last sold?
The property at 150 Laurel Drive was built in 1938 and last sold on Jan 1, 1970 for $515,290.
How much is this home worth?
The estimated value of the home located at 150 Laurel Drive is $895,578.
What are some comparable homes to 150 Laurel Drive?
There are currently no comparable homes to 150 Laurel Drive.
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