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Needham 02492
22 Hemlock Street
$2,150,000
● House - Off Market

22 Hemlock Street

Needham, MA 02492
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,300 Ft²
$2,919,144
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Premier Builder! This new construction 12 room 5 bed 4 1/2 bath is the one you've been waiting for! Fantastic floor plan with superior attention to details! Main level features high ceilings, beautiful custom chef's kitchen open to large fire placed fam-room, formal din-room, first floor home office, powder room & mudroom w/ direct garage access. On the second level you'll find a custom designed master suite with large walk-in, and 3 additional bedrooms in suite bath, family bath & laundry room. Lower level offers great extra space for game room or extended family ready to finish. You'll enjoy the beautiful and private back yard with patio all just a short walk to school & town center. Don't miss out on your chance to own this superior residence.
Unit Size
4,300 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$511
Property Type
House
Property Taxes
$833
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 #72629224)

Price History

Date / Event Date Event Price
Aug 10, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by Keller Williams Realty $2,199,000
Listed by Keller Williams Realty
Oct 16, 2019 Sold
Premium
Sold
Aug 21, 2019 Listed by Keller Williams Realty $770,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 896
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 3,148
  • Gross Building Area: 2,240
  • Building Area: 3,148
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,148
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:048.0 B:0040 L:0000.0
  • Block: 40
  • Municipality: NEEDHAM
  • Latitude: 42.2838
  • Longitude: -71.2254

    Address

  • Full Address: 22 Hemlock St
  • Address - House Number: 22
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3502
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,526,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,552,414
  • High Value: 2,984,225
  • Low Value: 2,120,604

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,937,100
  • Assessed Land Value: $589,500
  • Assessed Improvements Value: $1,347,600

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79974
  • Previous Sale Recording Date: Oct 16, 2019
  • Previous Sale Contract Date: Oct 09, 2019
  • Previous Sale Amount: $861,009
  • Previous Sale Document Type: 54

    Financing

  • First Mortgage Financing Type: ADJ
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

0.01%

Average Days on Market

64

Average Home Size

4189 ft²

Average Home Age

38.3 years

Currently For Sale

66 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72629224

Frequently Asked Questions

When was property at 22 Hemlock Street built and last sold?
The property at 22 Hemlock Street was built in 2019 and last sold on Jun 15, 2020 for $2,150,000.
How much is this home worth?
The estimated value of the home located at 22 Hemlock Street is $2,235,104.
What are some comparable homes to 22 Hemlock Street?
There are currently no comparable homes to 22 Hemlock Street.
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