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Needham 02494
198 Webster St
Photo of 198 Webster St

8

Map

Photo of 198 Webster St
Photo of 198 Webster St
$1,450,000
● House - For Sale

198 Webster St

Needham, MA 02494
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,243 Ft²
$8,117
Est. Monthly

About This Property

Rare opportunity to acquire an expansive 23,435-square-foot lot that allows for a serene and private residential experience.  An unusually large parcel of land in Needham creates an exceptional foundation for personal customization, build New Construction with room for outdoor entertainment & an ADU too! The expansive grounds offer many possibilities. Buyer to do their own due diligence.
Unit Size
3,243 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$447
Property Type
House
Property Taxes
$997
HOA Dues
-
Year Built
1880

Listed By

Louise Condon
Louise Condon Realty

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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 days ago (MLSPIN #73600776)

Price History

Date / Event Date Event Price
Nov 10, 2026 Listed by Louise Condon Realty $1,450,000
Listed by Louise Condon Realty
Nov 8, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace
Parking Details
Has Open Parking
Parking Features: Paved, Off Street
Open Parking Spaces: 5
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Rooms: 11
Has Fireplace
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 3243
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1880
Building Area Total: 3243
Building Area Units: Square Feet
Lot Features: Gentle Sloping, Level
Lot Size Area: 0.54
Lot Size Units: Acres
Lot Size Acres: 0.54
Lot Size Square Feet: 23435
Water Source: Public
Financial Details
Tax Assessed Value: $1,104,700
Tax Annual Amount: $11,964
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1998
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 522
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 3,243
  • Gross Building Area: 3,765
  • Building Area: 3,243
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,243
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • 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:077.0 B:0040 L:0000.0
  • Block: 40
  • Municipality: NEEDHAM
  • Latitude: 42.3006
  • Longitude: -71.2335

    Address

  • Full Address: 198 Webster St
  • Address - House Number: 198
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C045
  • 4-Digit Zip Code: 2214
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,118,400

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,724,681
  • High Value: 2,105,012
  • Low Value: 1,344,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $857,700
  • Assessed Land Value: $497,800
  • Assessed Improvements Value: $359,900

    Sales

  • Current Sale Recording Date: Nov 08, 1993
  • Current Sale Price:
    Premium
  • Current 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

0.02%

Average Days on Market

64

Average Home Size

4148 ft²

Average Home Age

41.3 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 days ago
Data Source: MLS PIN, MLS# 73600776

Frequently Asked Questions

When was property at 198 Webster Street built and last sold?
The property at 198 Webster Street was built in 1880 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 198 Webster Street is $1,464,500.
What are some comparable homes to 198 Webster Street?
There are currently no comparable homes to 198 Webster Street.
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