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Needham 02492
165 Meadowbrook Rd
$1,385,000
● House - Off Market

165 Meadowbrook Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,335 Ft²
$2,266,360
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Well designed new construction home featuring 3 floors of living space. The first floor has a great kitchen and family room space overlooking an over sized private backyard. The second floor has a spacious master suite and three additional bedrooms. The walk up attic is finished with an additional bathroom and great open space ideal for a guest suite or large play area. Still time to pick paint colors, house to be complete by Thanksgiving
Unit Size
3,335 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$413
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #72052697)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
May 26, 2021 Listed by Pinewood Real Estate, Inc. $1,695,000
Listed by Pinewood Real Estate, Inc.
Dec 19, 2016 Sold
Premium
Sold
Aug 12, 2016 Listed by Pinewood Real Estate, Inc. $1,379,000
Listed by Pinewood Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 1,198
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,637
  • Gross Building Area: 4,835
  • Building Area: 3,637
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,637
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:131.0 B:0082 L:0000.0
  • Block: 82
  • Municipality: NEEDHAM
  • Latitude: 42.2826
  • Longitude: -71.2448

    Address

  • Full Address: 165 Meadowbrook Rd
  • Address - House Number: 165
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C014
  • 4-Digit Zip Code: 1951
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,258,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,322,856
  • High Value: 2,715,831
  • Low Value: 1,929,882

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,731,600
  • Assessed Land Value: $521,500
  • Assessed Improvements Value: $1,210,100

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96131
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Amount: $1,385,000
  • 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

$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# 72052697

Frequently Asked Questions

When was property at 165 Meadowbrook Road built and last sold?
The property at 165 Meadowbrook Road was built in 2016 and last sold on Jul 23, 2021 for $1,925,000.
How much is this home worth?
The estimated value of the home located at 165 Meadowbrook Road is $1,730,160.
What are some comparable homes to 165 Meadowbrook Road?
There are currently no comparable homes to 165 Meadowbrook Road.
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