$5,225,000
●
House -
Off Market
173 Stratford Road
Needham, MA 02492
6 Beds
6 Baths,
2
Half Baths
9,300 Ft²
$26,884
Est. Monthly
About This Property
Welcome to one of Needham's most sought-after addresses. Set on a
premier lot, this new build by Catalyst Development embodies
cutting-edge design, expert craftsmanship & luxurious finishes. The
sun-drenched open-concept main level boasts floor-to-ceiling
windows & a custom floating staircase with integrated lighting &
glass railings. The chef's kitchen, featuring professional-grade
appliances and custom cabinetry, is perfect for both daily living &
grand entertaining. The home includes formal living and dining
rooms, a family room, his-and-her offices, an expansive mudroom, &
two laundry rooms. The grand staircase leads to the primary suite,
complete w/fireplace, custom walk-in closet, & spa-inspired bath
w/an oversized walk-in shower. Four additional bedroom suites
complete the upper level, while the finished lower level offers a
bedroom, den, full bath & exercise area. The private yard
w/expansive covered patio is a backdrop for future pool, sport
court & other outdoor amenities.
Unit Size
9,300 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$589
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #73284505)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by LV Group Real Estate | $5,475,000 | |
| Listed by LV Group Real Estate | |||
| | |||
|
Welcome to one of Needham’s most sought-after addresses. Set on a premier lot, this new build by Catalyst Development embodies cutting-edge design, expert craftsmanship & luxurious finishes. The sun-drenched open-concept main level boasts floor-to-ceiling windows & a custom floating staircase with integrated lighting & glass railings. The chef's kitchen, featuring professional-grade appliances and custom cabinetry, is perfect for both daily living & grand entertaining. The home includes formal living and dining rooms, a family room, his-and-her offices, an expansive mudroom, & two laundry rooms. The grand staircase leads to the primary suite, complete w/fireplace, custom walk-in closet, & spa-inspired bath w/an oversized walk-in shower. Four additional bedroom suites complete the upper level, while the finished lower level offers a bedroom, den, full bath & exercise area. The private yard w/expansive covered patio is a backdrop for future pool, sport court & other outdoor amenities.
| |||
| Aug 30, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 18, 2024 | Price Decreased |
$5,595,000
↓ $205K
(3.5%) | |
| Price Decreased | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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