$500,000
●
Condo -
Off Market
2 Denmark Lane #2
Needham, MA 02492
2 Beds
3 Baths,
1
Half Bath
2,082 Ft²
$919,619
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model
About This Property
Great Location! Convenient to town center. Two bedroom 2 1/2 baths,
end unit town home. Fireplace in living room, Second floor laundry,
lower level exercise room and storage. two parking spaces. (one in
carport). Patio and garden area. .showings start at Open
House Saturday open house at 1 p.m.
Unit Size
2,082 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$252
Property Type
Condo
Property Taxes
$343
HOA Dues
$525
Year Built
1981
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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 years ago (MLSPIN #71882092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Sold | ||
| Sold | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,100,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
   | |||
|
This rare 3 bed, 3.5 bath townhome offers a unique, highly functional layout and was fully rebuilt to the studs in 2016 with all new electrical, plumbing, windows, insulation, HVAC, and high-end finishes. Every bathroom features heated floors for year-round comfort. Enjoy natural gas heat, gas fireplace, central air, and an on-demand tankless water heater. The designer kitchen includes custom cabinetry, quartzite countertops, induction cooking, and updated appliances. Smart home integration with Lutron Caseta lighting and voice control adds modern convenience. Exterior maintenance is covered by the association, which has a funded capital improvement plan in place. A turnkey, fully modernized home that is meticulously maintained, beautifully renovated, and finished to today’s standards, truly move-in ready with all appliances included.
| |||
| Nov 3, 2015 | Sold | ||
| Sold | |||
| Jul 31, 2015 | Listed by Mathieu Newton Sotheby's International Realty | $525,000 | |
| Listed by Mathieu Newton Sotheby's International Realty | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Level: Second
Features: Bathroom - Full
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: First
Features: Bathroom - Half
Level: First
Features: Bathroom - Full, Flooring - Wall to Wall Carpet
Level: Second
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Exercise Room
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features: Second Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Assigned, Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Denmark Lane
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: None
Lot Size Area: 1.39
Lot Size Units: Acres
Lot Size Acres: 1.39
Zoning: IND
Parcel Number: 144517
Water Source: Public
Financial Details
Tax Map Number: 132
Tax Assessed Value: $365,000
Tax Annual Amount: $4,121
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $525
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2026
|
3 Bed
|
3 Bath
|
1813 ft²
|
$1,100,000
3 Bed
3 Bath
1813 ft²
|
$1,150,000
+4.55%
05/06/2026
|
Alison Borrelli
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/31/2015
|
2 Bed
|
3 Bath
|
2082 ft²
|
$525,000
2 Bed
3 Bath
2082 ft²
|
$500,000
-4.76%
11/03/2015
|
Louise Condon
Louise Condon Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017