253 Needham St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Hope McDermott Real Estate | $849,000 | |
| Listed by Hope McDermott Real Estate | |||
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Step inside this meticulously maintained & updated brick-front split-level home, with hardwood floors & an abundance of natural light. The skylit kitchen features rich wood cabinets, Corian® countertops, & stainless-steel appliances. It seamlessly connects to both the dining room & a spacious enclosed porch, which transforms into a screened porch perfect for summertime entertaining, & overlooks a large, fenced yard. The living room is centered on a handsome fireplace with granite surround, flanked by a custom-made mantel, built-in bookcases, & cupboards. 3 comfortable bedrooms & full bath complete the main level. Downstairs, a spacious family room with fireplace offers additional living space, alongside a full bath & a versatile utility room. The 2 car garage is accessible from this level. Discover the unparalleled lifestyle Dedham has to offer - nearby vibrant village center & Charles river. Convenient to Legacy Place and easy access to major highways and commuter rail stations.
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| Aug 8, 2014 | Sold | ||
| Sold | |||
| May 2, 2014 | Listed by RE/MAX Way | $559,900 | |
| Listed by RE/MAX Way | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017