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Needham 02494
18 Parkland Road
Photo of 18 Parkland Road
Sold on May 4, 2007

1

Map

$485,100
● House - Off Market

18 Parkland Road

Needham, MA 02494
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,100 Ft²
$921,443
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Great starter home on quiet dead-end street with wooded area behind lot. All new: heat, plumbing, electrical, roof, kitchen (cherry, granite and stainless), bathrooms, windows, custom hardwoods, gas fireplace, ample garage and storage space. Easy access to 128 and Mass Pike. Great neighborhood!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$448
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1928

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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 #70521544)

Price History

Date / Event Date Event Price
Apr 28, 2011 Sold
Premium
Sold
Feb 25, 2011 Listed $499,000
Listed
May 1, 2007 Sold
Premium
Sold
Feb 5, 2007 Listed $493,000
Listed
Sep 30, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1997
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 693
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,506
  • Gross Building Area: 2,199
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKLAND ROAD
  • Land Acres: 0000000160
  • 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:0063 L:0000.0
  • Block: 63
  • Municipality: NEEDHAM
  • Latitude: 42.3087
  • Longitude: -71.2353

    Address

  • Full Address: 18 Parkland Rd
  • Address - House Number: 18
  • Address - Street Name: Parkland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 2428
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $904,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,065,901
  • High Value: 1,230,987
  • Low Value: 900,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $693,900
  • Assessed Land Value: $461,900
  • Assessed Improvements Value: $232,000

    Sales

  • Current Sale Recording Date: Apr 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: May 01, 2007
  • Previous Sale Amount: $485,100
  • 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:

$1,625,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4189 ft²

Average Home Age

38.3 years

Currently For Sale

66 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70521544

Frequently Asked Questions

When was property at 18 Parkland Road built and last sold?
The property at 18 Parkland Road was built in 1928 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 18 Parkland Road is $502,362.
What are some comparable homes to 18 Parkland Road?
There are currently no comparable homes to 18 Parkland Road.
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