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Needham 02494
2 Rosegate Rd
$845,000
● House - Off Market

2 Rosegate Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,200 Ft²
$1,203,228
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

A True GEM! Welcome home to this newly renovated 3bed/3bath W/ a full 1000SQ+ in law that has its own entrance. A warm and inviting foyer features newly done hardwood floors, open layout, recessed lighting, fireplace & crown molding. Exquisite kitchen features quartz countertops and state of the art appliances. The master suite is light and bright with an abundance of closets & en suite. Very generous bedrooms on 2nd floor w/ plenty of closet space. Relax in the newly landscaped yard with new fence wrapped around it and spring just around the corner. Located close to all major routes, public transportation and 1/10 of mile to John Eliot elementary school. Town plows Rosegate Road which has also been newly paved. Seller reserves right to accept offer prior to Open House!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$395
Property Type
House
Property Taxes
$625
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: 6 months ago (MLSPIN #72607286)

Price History

Date / Event Date Event Price
Apr 17, 2020 Sold
Premium
Sold
Jan 13, 2020 Listed by Boston Advanced Realty, LLC $869,000
Listed by Boston Advanced Realty, LLC
Oct 17, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 2010
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,074
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,904
  • Gross Building Area: 2,978
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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:0078 L:0000.0
  • Block: 78
  • Municipality: NEEDHAM
  • Latitude: 42.3069
  • Longitude: -71.2373

    Address

  • Full Address: 2 Rosegate Rd
  • Address - House Number: 2
  • Address - Street Name: Rosegate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 1820
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,083,400

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,204,206
  • High Value: 1,408,343
  • Low Value: 1,000,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $830,800
  • Assessed Land Value: $469,300
  • Assessed Improvements Value: $361,500

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34540
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Oct 03, 2019
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O
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

63

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: 6 months ago
Data Source: MLS PIN, MLS# 72607286

Frequently Asked Questions

When was property at 2 Rosegate Road built and last sold?
The property at 2 Rosegate Road was built in 1928 and last sold on Apr 15, 2020 for $845,000.
How much is this home worth?
The estimated value of the home located at 2 Rosegate Road is $892,120.
What are some comparable homes to 2 Rosegate Road?
There are currently no comparable homes to 2 Rosegate Road.
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