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Needham 02492
28 Emerson Rd
$729,000
● House - Off Market

28 Emerson Rd

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,560 Ft²
$1,233,429
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

Move right in to this charming Cape! This immaculately maintained home features a tastefully updated granite kitchen and recently remodeled upstairs with three bedrooms and modern closet space. Fireplaced living room has a large picture window. Skylit sun room opens to a deck overlooking level, fenced, landscaped yard. The newly renovated finished basement provides 550 square feet of additional living space. Desirable Emerson Road location offers the comfort of a cul-de-sac neighborhood, yet the convenience of a short stroll to the commuter rail, town center, and the new rail trail.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$467
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1949

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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 months ago (MLSPIN #71957167)

Price History

Date / Event Date Event Price
Apr 28, 2016 Sold
Premium
Sold
Feb 9, 2016 Listed by The Greene Realty Group $729,000
Listed by The Greene Realty Group
Jul 14, 2011 Sold
Premium
Sold
Mar 9, 2011 Listed by The Greene Realty Group $545,000
Listed by The Greene Realty Group
Jan 6, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,512
  • Gross Building Area: 2,257
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000180
  • 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: SRB

Geography

  • Parcel: NEED M:044.0 B:0014 L:0000.0
  • Block: 14
  • Municipality: NEEDHAM
  • Latitude: 42.27
  • Longitude: -71.2392

    Address

  • Full Address: 28 Emerson Rd
  • Address - House Number: 28
  • Address - Street Name: Emerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C032
  • 4-Digit Zip Code: 2829
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030,400

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,130,341
  • High Value: 1,321,569
  • Low Value: 939,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $790,200
  • Assessed Land Value: $515,600
  • Assessed Improvements Value: $274,600

    Sales

  • Current Sale Recording Date: Apr 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37417
  • Previous Sale Recording Date: Jul 14, 2011
  • Previous Sale Amount: $520,000
  • 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

0.01%

Average Days on Market

64

Average Home Size

4088 ft²

Average Home Age

37.5 years

Currently For Sale

70 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71957167

Frequently Asked Questions

When was property at 28 Emerson Road built and last sold?
The property at 28 Emerson Road was built in 1949 and last sold on Jan 1, 1970 for $729,000.
How much is this home worth?
The estimated value of the home located at 28 Emerson Road is $737,530.
What are some comparable homes to 28 Emerson Road?
There are currently no comparable homes to 28 Emerson Road.
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