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Needham 02492
260 Charles River St
$1,840,000
● House - Off Market

260 Charles River St

Needham, MA 02492
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,228 Ft²
$10,281
Est. Monthly

About This Property

~Open Houses Cancelled; Offer Accepted.~  This is the home you have been waiting for! PROUDLY PRESENTING 260 CHARLES RIVER STREET IN NEEDHAM'S EPIC CHARLES RIVER ESTATE COMMUNITY. Boasting designer renovations and updates; spanning 2 floors, sensational open spaces, creating a flow that is an entertainer's dream. Get ready for the STUNNING brand new custom detailed kitchen, a cozy lounge area, the sun filled 4 season room, plus a tremendous finished lower level with potential galore. All on an enviable, expansive, peaceful, private one acre lot! 4 bedrooms, 4.5 baths. Convenient to parks, playgrounds, Boulder Brook Reservation, Needham Reservoir Trails, both Needham and Wellesley shopping, restaurants and trains, 95 access, and the list goes on!
Unit Size
5,228 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$344
Property Type
House
Property Taxes
$1,447
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #73234680)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
May 8, 2024 Listed by Coldwell Banker Realty - Wellesley $1,799,000
Listed by Coldwell Banker Realty - Wellesley
~Open Houses Cancelled; Offer Accepted.~ This is the home you have been waiting for! PROUDLY PRESENTING 260 CHARLES RIVER STREET IN NEEDHAM'S EPIC CHARLES RIVER ESTATE COMMUNITY. Boasting designer renovations and updates; spanning 2 floors, sensational open spaces, creating a flow that is an entertainer's dream. Get ready for the STUNNING brand new custom detailed kitchen, a cozy lounge area, the sun filled 4 season room, plus a tremendous finished lower level with potential galore. All on an enviable, expansive, peaceful, private one acre lot! 4 bedrooms, 4.5 baths. Convenient to parks, playgrounds, Boulder Brook Reservation, Needham Reservoir Trails, both Needham and Wellesley shopping, restaurants and trains, 95 access, and the list goes on!
Aug 20, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by Coldwell Banker Realty - Wellesley $1,195,000
Listed by Coldwell Banker Realty - Wellesley
Sep 10, 1970 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,239
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,843
  • Gross Building Area: 6,481
  • Building Area: 3,843
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,843
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 403400

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:214.0 B:0009 L:0000.0
  • Block: 9
  • Municipality: NEEDHAM
  • Latitude: 42.2665
  • Longitude: -71.2692

    Address

  • Full Address: 260 Charles River St
  • Address - House Number: 260
  • Address - Street Name: Charles River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C018
  • 4-Digit Zip Code: 1002
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,736,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,948,839
  • High Value: 2,250,674
  • Low Value: 1,647,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,332,000
  • Assessed Land Value: $713,000
  • Assessed Improvements Value: $619,000

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108713
  • Previous Sale Recording Date: Mar 18, 2014
  • Previous Sale Document Type: 27
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

0.02%

Average Days on Market

64

Average Home Size

4148 ft²

Average Home Age

41.3 years

Currently For Sale

64 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: 6 months ago
Data Source: MLS PIN, MLS# 73234680

Frequently Asked Questions

When was property at 260 Charles River Street built and last sold?
The property at 260 Charles River Street was built in 1955 and last sold on Aug 20, 2021 for $1,305,000.
How much is this home worth?
The estimated value of the home located at 260 Charles River Street is $1,860,359.
What are some comparable homes to 260 Charles River Street?
There are currently no comparable homes to 260 Charles River Street.
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