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Needham 02494
24 Parkland Road
$500,000
● House - Off Market

24 Parkland Road

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$949,452
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Sweet 3 bedroom Colonial with 2 FULL BATHS, Large updated eat-in-kitchen, front-to-back living room with fireplace - formal dining room - it's all here! Don't be fooled by posted square foot -- this house shows much larger! Yard abuts the Sudbury Aqueduct and offers plenty of peace and privacy as well as walking path to nearby School. Minutes to Rt 9, 128 and the Mass Pike, on a side street neighborhood with NO cut-through traffic.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$405
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1936

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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 #71523158)

Price History

Date / Event Date Event Price
Jul 31, 2013 Sold
Premium
Sold
May 9, 2013 Listed by RE/MAX Leading Edge $499,000
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 2
  • Basement Area: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,232
  • Gross Building Area: 1,848
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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:0061 L:0000.0
  • Block: 61
  • Municipality: NEEDHAM
  • Latitude: 42.3088
  • Longitude: -71.2351

    Address

  • Full Address: 24 Parkland Rd
  • Address - House Number: 24
  • Address - Street Name: Parkland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 2428
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $787,500

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 891,023
  • High Value: 1,040,836
  • Low Value: 741,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $603,900
  • Assessed Land Value: $461,900
  • Assessed Improvements Value: $142,000

    Sales

  • Current Sale Recording Date: Jul 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91990
  • Previous Sale Recording Date: Jul 31, 2013
  • 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

0.01%

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71523158

Frequently Asked Questions

When was property at 24 Parkland Road built and last sold?
The property at 24 Parkland Road was built in 1936 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 24 Parkland Road is $514,373.
What are some comparable homes to 24 Parkland Road?
There are currently no comparable homes to 24 Parkland Road.
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