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Needham 02492
175 Laurel Drive
Photo of 175 Laurel Drive
Sold on Aug 17, 2011

1

Map

$627,500
● House - Off Market

175 Laurel Drive

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,547 Ft²
$1,345,795
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Perfect Cape with everything just where you want it! Updated kitchen opens to Great Room with fireplace, Three 2nd floor bedrooms. Updated baths & utilities. 2-Car garage, enclosed porch & deck. Close to town & train. Finished space in basement not included in GLA. Nap time Noon-3, no showings please.
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$420
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1931

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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 #71138645)

Price History

Date / Event Date Event Price
Aug 17, 2011 Sold
Premium
Sold
Sep 17, 2010 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $649,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Apr 15, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 884
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,547
  • Gross Building Area: 2,431
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000180
  • 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: SRB

Geography

  • Parcel: NEED M:037.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: NEEDHAM
  • Latitude: 42.2712
  • Longitude: -71.2344

    Address

  • Full Address: 175 Laurel Dr
  • Address - House Number: 175
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C004
  • 4-Digit Zip Code: 3206
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,123,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,168,533
  • High Value: 1,349,515
  • Low Value: 987,552

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $861,200
  • Assessed Land Value: $513,500
  • Assessed Improvements Value: $347,700

    Sales

  • Current Sale Recording Date: Aug 17, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Apr 15, 2005
  • Previous Sale Amount: $665,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71138645

Frequently Asked Questions

When was property at 175 Laurel Drive built and last sold?
The property at 175 Laurel Drive was built in 1931 and last sold on Jan 1, 1970 for $627,500.
How much is this home worth?
The estimated value of the home located at 175 Laurel Drive is $666,178.
What are some comparable homes to 175 Laurel Drive?
There are currently no comparable homes to 175 Laurel Drive.
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