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Needham 02492
28 Hemlock Street
Photo of 28 Hemlock Street
Sold on Apr 7, 2009

1

Map

$550,000
● House - Off Market

28 Hemlock Street

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,515 Ft²
$1,248,148
RealtyHop Estimate
115.20%
Since May 1, 2009
MA-Boston
Primary Model

About This Property

Absolutely adorable renovated Cape in coveted Michell School area. New kitchen w/maple cabinets, granite & stainless appliances. Two bdr. on 2nd floor w/full bath and small 3rd bdr/study on first floor. Oversized 2-car garage on level lot. New central air.Attractive  finished basement w/fireplace adds more family living space. Walk-in cedar closet. New architectural grade roof. Just move in and enjoy this lovely pristine home. Expansion potential possible with private deep yard.  A gem!.
Unit Size
1,515 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$383
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1940

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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 #70814705)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 10, 2020 Listed $885,000
Listed
Apr 7, 2009 Sold
Premium
Sold
Sep 3, 2008 Listed $580,000
Listed
Apr 21, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2010
  • 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: 734
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,285
  • Gross Building Area: 2,018
  • Building Area: 1,285
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,285
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:048.0 B:0074 L:0000.0
  • Block: 74
  • Municipality: NEEDHAM
  • Latitude: 42.2839
  • Longitude: -71.2261

    Address

  • Full Address: 28 Hemlock St
  • Address - House Number: 28
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3502
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,203,700

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,152,560
  • High Value: 1,347,547
  • Low Value: 957,573

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $923,100
  • Assessed Land Value: $591,500
  • Assessed Improvements Value: $331,600

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1461526
  • Previous Sale Recording Date: Apr 07, 2009
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: 48
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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 70814705

Frequently Asked Questions

When was property at 28 Hemlock Street built and last sold?
The property at 28 Hemlock Street was built in 1940 and last sold on Nov 13, 2020 for $885,000.
How much is this home worth?
The estimated value of the home located at 28 Hemlock Street is $880,415.
What are some comparable homes to 28 Hemlock Street?
There are currently no comparable homes to 28 Hemlock Street.
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