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Needham 02492
182 Edgewater Drive
Photo of 182 Edgewater Drive
Sold on Oct 27, 2008

1

Map

$755,000
● House - Off Market

182 Edgewater Drive

Needham, MA 02492
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,663 Ft²
$1,526,097
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

Five bedroom, 2-1/2 bath, Garrison Colonial with many built-ins has much character awaiting buyers updates. Nicely sized kitchen overlooking very private yard.  Separate mudroom area with closets, cabinets and a half bathroom.  Large livingroom with fireplace and a wall of built-ins overlooking the yard.  Two-car attached garage. To be sold in "as in" condition. 1-3. Current showings on Tuesday, August 12, from 1-3 ONLY. Any back-up offers to be reviewed on Wednesday, August 13, 2008.
Unit Size
2,663 Ft²
Days on Market
-
Land Size
1.71 acres
Price per sqft
$278
Property Type
House
Property Taxes
$757
HOA Dues
-
Year Built
1957

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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 #70800503)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 27, 2008 Sold
Premium
Sold
Aug 1, 2008 Listed $739,000
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2009
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,440
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,488
  • Total Building Area: 3,223
  • Gross Building Area: 4,663
  • Building Area: 3,223
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,223
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001710
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:201.0 B:0017 L:0000.0
  • Block: 17
  • Municipality: NEEDHAM
  • Latitude: 42.2638
  • Longitude: -71.2236

    Address

  • Full Address: 182 Edgewater Dr
  • Address - House Number: 182
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C023
  • 4-Digit Zip Code: 2776
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $958,300
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734,900
  • Assessed Land Value: $734,900

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134134
  • Previous Sale Recording Date: Oct 27, 2008
  • Previous Sale Amount: $755,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70800503

Frequently Asked Questions

When was property at 182 Edgewater Drive built and last sold?
The property at 182 Edgewater Drive was built in 1957 and last sold on Nov 20, 2020 for $1,780,000.
How much is this home worth?
The estimated value of the home located at 182 Edgewater Drive is $749,382.
What are some comparable homes to 182 Edgewater Drive?
There are currently no comparable homes to 182 Edgewater Drive.
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