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Needham 02492
22 Village Lane
Photo of 22 Village Lane
Sold on Nov 25, 2008

1

Map

$950,000
● House - Off Market

22 Village Lane

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,563 Ft²
$2,081,341
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Fabulous oversized Cape set on magnificent 2 acres in prime Country Way Estates neighborhood. This home was custom built in 1957 and is ready for your vision and TLC. Large oversized kitchen, spacious dining room & living room. Good ceiling height throuout. 3500 sf plus a large bright walkout basement w/full bath. The rolling backyard is huge and features a tennis/sport court.
Unit Size
3,563 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$279
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
1957

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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 months ago (MLSPIN #70814397)

Price History

Date / Event Date Event Price
Nov 25, 2008 Sold
Premium
Sold
Sep 3, 2008 Listed $995,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2017
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,953
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,401
  • Total Building Area: 3,564
  • Gross Building Area: 6,516
  • Building Area: 3,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,564
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLES RIVER ACRES
  • Land Acres: 0000001180
  • 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:213.0 B:0043 L:0000.0
  • Block: 43
  • Municipality: NEEDHAM
  • Latitude: 42.2662
  • Longitude: -71.2659

    Address

  • Full Address: 22 Village Ln
  • Address - House Number: 22
  • Address - Street Name: Village
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Needham
  • Carrier Code: C018
  • 4-Digit Zip Code: 1435
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,837,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,907,056
  • High Value: 2,202,419
  • Low Value: 1,611,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,409,400
  • Assessed Land Value: $738,900
  • Assessed Improvements Value: $670,500

    Sales

  • Current Sale Recording Date: Nov 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 108311
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

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70814397

Frequently Asked Questions

When was property at 22 Village Lane built and last sold?
The property at 22 Village Lane was built in 1957 and last sold on Jan 1, 1970 for $950,000.
How much is this home worth?
The estimated value of the home located at 22 Village Lane is $1,003,255.
What are some comparable homes to 22 Village Lane?
There are currently no comparable homes to 22 Village Lane.
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