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Needham 02494
17 Parkland Road
$525,000
● House - Off Market

17 Parkland Road

Needham, MA 02494
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,602 Ft²
$918,395
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Nicely sited on beautifully private landscaped yard, this "craftsman" style home offers a unique and charming floor plan.  Inviting living room with fireplace opens to sun- splashed dining room with corner cabinet.  Warm and cozy family room boasts stone fireplace perfect for all seasons of enjoyment.  2 bedrooms plus 2nd floor bonus room offers many options.  Attached garage with direct entry.  New roof in January 2016.  Turn the key and welcome home!
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$343
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #71989102)

Price History

Date / Event Date Event Price
Jun 24, 2016 Sold
Premium
Sold
Apr 15, 2016 Listed by Coldwell Banker Residential Brokerage - Needham $549,000
Listed by Coldwell Banker Residential Brokerage - Needham

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,062
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,602
  • Gross Building Area: 2,664
  • Building Area: 1,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,602
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:087.0 B:0062 L:0000.0
  • Block: 62
  • Municipality: NEEDHAM
  • Latitude: 42.3085
  • Longitude: -71.235

    Address

  • Full Address: 17 Parkland Rd
  • Address - House Number: 17
  • Address - Street Name: Parkland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 2427
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $872,900

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 987,901
  • High Value: 1,153,869
  • Low Value: 821,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,400
  • Assessed Land Value: $464,100
  • Assessed Improvements Value: $205,300

    Sales

  • Current Sale Recording Date: Jun 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59905
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71989102

Frequently Asked Questions

When was property at 17 Parkland Road built and last sold?
The property at 17 Parkland Road was built in 1930 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 17 Parkland Road is $560,956.
What are some comparable homes to 17 Parkland Road?
There are currently no comparable homes to 17 Parkland Road.
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