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Needham 02492
2 Southfield Ct
Photo of 2 Southfield Ct
Sold on Oct 14, 2009

1

Map

$1,250,000
● House - Off Market

2 Southfield Ct

Needham, MA 02492
bedrooms
10 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
8,831 Ft²
$3,108,353
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Freshly renovated grand manor house estate containing 9,000 SF of living area on 3 floors.  Spectacular antique library with fireplace, banquet sized dining room with fireplace, huge fireplaced living room with 2-story views of the patio, lush property and the banks of the Charles River.   High end updated kitchen (SubZero, Thermador, Fisher Paikel, etc).  Full cul-de-sac acre with private pool and association tennis court.  In all 10 BRs/6.5BAs.  An exceptional, one of a kind property.
Unit Size
8,831 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$169
Property Type
House
Property Taxes
$1,516
HOA Dues
$850
Year Built
1900

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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: 5 months ago (MLSPIN #70919336)

Price History

Date / Event Date Event Price
Oct 14, 2009 Sold
Premium
Sold
May 15, 2009 Listed $1,495,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2005
  • Total Rooms: 17
  • Bedroom Count: 10
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 18
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,909
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 8,768
  • Gross Building Area: 10,598
  • Building Area: 8,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 8,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000001050
  • 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: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:205.0 B:0028 L:0000.0
  • Block: 28
  • Municipality: NEEDHAM
  • Latitude: 42.2615
  • Longitude: -71.2388

    Address

  • Full Address: 2 Southfield Ct
  • Address - House Number: 2
  • Address - Street Name: Southfield
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Needham
  • Carrier Code: C023
  • 4-Digit Zip Code: 2782
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,933,700

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 3,134,922
  • High Value: 3,509,080
  • Low Value: 2,760,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,249,800
  • Assessed Land Value: $630,600
  • Assessed Improvements Value: $1,619,200

    Sales

  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 61755
  • Previous Sale Recording Date: Oct 14, 2009
  • Previous Sale Amount: $1,250,000
  • 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:

$1,627,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

65

Average Home Size

3998 ft²

Average Home Age

40.7 years

Currently For Sale

70 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: 5 months ago
Data Source: MLS PIN, MLS# 70919336

Frequently Asked Questions

When was property at 2 Southfield Court built and last sold?
The property at 2 Southfield Court was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Southfield Court is $1,492,966.
What are some comparable homes to 2 Southfield Court?
There are currently no comparable homes to 2 Southfield Court.
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