$356,000
●
Condo -
Off Market
243 Harris Ave #1
Needham, MA 02492
2 Beds
1 Bath
1,239 Ft²
$747,246
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model
About This Property
The best of both worlds! Much admired property in fantastic
location has access to shopping, commuter train, restaurants and
schools! Well maintained 1st floor unit is loaded with
charm...and awaiting a fresh touch. Fireplaced living room
has built-in bookcases w/ leaded glass windows. Separate dining
room with built-in china cabinet. Hardwood floors. Two
bedrooms, efficient kitchen w/ handy pantry space. Pretty sitting
porch. Plenty of basement storage and garage with extra parking.
Unit Size
1,239 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$290
Property Type
Condo
Property Taxes
$306
HOA Dues
$200
Year Built
1920
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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 years ago (MLSPIN #71429443)
Price History
Property Highlights
Garage
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Vinyl, Pantry
Level: First
Features: Closet, Flooring - Hardwood
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Level: First
Features: Bathroom - Tiled With Tub & Shower
Level: First
Features: Closet, Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Closet, Flooring - Hardwood
Features: No
Full Bathrooms: 1
Interior Features: Entrance Foyer
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Concrete, Hardwood, Flooring - Hardwood
Laundry Features: In Basement, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Common, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Zoning: SRB
Parcel Number: M:0390002300010, 139161
Water Source: Public, Individual Meter
Financial Details
Tax Assessed Value: $348,200
Tax Annual Amount: $3,667
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Central, Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
Pets Allowed: No
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/19/2014
|
2 Bed
|
1 Bath
|
1321 ft²
|
$410,000
2 Bed
1 Bath
1321 ft²
|
$385,000
-6.10%
07/31/2014
|
Ellen Dudley
Keller Williams Realty
| |
|
09/03/2012
|
2 Bed
|
1 Bath
|
1239 ft²
|
$359,000
2 Bed
1 Bath
1239 ft²
|
$356,000
-0.84%
11/19/2012
|
Martha M. McMahon
Coldwell Banker Residential Brokerage - Needham
| |
|
08/06/2003
|
2 Bed
|
1 Bath
|
1321 ft²
|
$345,000
2 Bed
1 Bath
1321 ft²
|
$350,000
+1.45%
09/22/2003
|
Andrew Fisch
Coldwell Banker Residential Brokerage - Newton - Walnut St.
|
Building Info
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