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Needham 02492
185 Brookside Road
$700,000
● House - Off Market

185 Brookside Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,662 Ft²
$1,144,680
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Looking for a gorgeous large, 1+ Acre Lot to either Build your Dream Home or possibly renovate the existing property? This Unique property has it all...Nestled into a wonderful Needham location which has a warm, Rural feel with amazing views, walking distance to Volantes Farm and boasting quick access to Downtown Needham Heights, Train Station, Wellesley Center and the Highway makes this a perfect spot to create your Dream Home- There is Town Water and Sewer directly out on the street for a easy hookup. Property is being sold  "As Is" and Please Do not walk the beautiful property without the list agent  -  Engineer is giving their thumbs up on this Spectacular Property- Scheduled a showing today!
Unit Size
1,662 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$421
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
2019

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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 #72094805)

Price History

Date / Event Date Event Price
Jan 31, 2017 Sold
Premium
Sold
Nov 16, 2016 Listed by Keller Williams Realty $699,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,364
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 2,841
  • Building Area: 2,841
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,841
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000001390
  • 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: 403400

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:111.0 B:0024 L:0000.0
  • Block: 24
  • Municipality: NEEDHAM
  • Latitude: 42.2951
  • Longitude: -71.2525

    Address

  • Full Address: 185 Brookside Rd
  • Address - House Number: 185
  • Address - Street Name: Brookside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C017
  • 4-Digit Zip Code: 1331
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,948,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 2,126,087
  • High Value: 2,379,838
  • Low Value: 1,872,335

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,494,500
  • Assessed Land Value: $494,700
  • Assessed Improvements Value: $999,800

    Sales

  • Current Sale Recording Date: Jan 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9832
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

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 72094805

Frequently Asked Questions

When was property at 185 Brookside Road built and last sold?
The property at 185 Brookside Road was built in 2019 and last sold on Jan 1, 1970 for $700,000.
How much is this home worth?
The estimated value of the home located at 185 Brookside Road is $717,554.
What are some comparable homes to 185 Brookside Road?
There are currently no comparable homes to 185 Brookside Road.
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