$1,160,000
●
House -
Off Market
28 Mercer
Needham, MA
5 Beds
4 Baths,
1
Half Bath
3,944 Ft²
$2,048,279
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
This Second Empire antique colonial, sited on a private road in
desirable Needham Heights neighborhood, complete rehab. The Alfred
John Mercer House was designed and built by architect Otis E. Brown
in 1871 on a gently sloping lot at what was then known as 336
Webster Street. It features a decorative shingled roof, five
bedrooms, three and one half baths, expansive rooms
w/10' ceilings, hardwood floors , detailed staircases,
porch, patio and a two car garage . Close to everything !
Complete remodel from the studs in and foundation
up... New windows ,roof, siding , gas furnace
/appliances , AC , open floor plan chef's kitchen , 3rd floor
master suite/spa with custom walk in closet and spa like bath. Own
a piece of History with all of the modern features of a new build!
Unit Size
3,944 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$301
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
-
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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 #71949065)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2016 | Sold | ||
| Sold | |||
| Jan 15, 2016 | Listed by Cape and Islands Realty Advisors Inc. | $1,189,000 | |
| Listed by Cape and Islands Realty Advisors Inc. | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 14
Length: 15
Features: Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Gas Stove
Area: 210
Level: Second
Area: 40
Width: 5
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled
Length: 8
Area: 70
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Double Vanity, Recessed Lighting, Remodeled
Length: 10
Level: Second
Width: 7
Level: Second
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Double Vanity, High Speed Internet Hookup, Recessed Lighting, Remodeled
Width: 13
Length: 14
Area: 182
Length: 13
Level: Second
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Remodeled
Area: 195
Width: 15
Area: 182
Length: 13
Level: Second
Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Width: 14
Width: 16
Features: Coffered Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Wet Bar, Open Floorplan, Remodeled, Wine Chiller
Length: 14
Level: First
Area: 224
Features: Closet, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting, Remodeled
Width: 11
Length: 14
Area: 154
Level: Second
Length: 14
Level: First
Area: 266
Features: Coffered Ceiling(s), Flooring - Hardwood, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
Width: 19
Length: 15
Level: First
Features: Bathroom - Half, Coffered Ceiling(s), Flooring - Hardwood, French Doors, Remodeled
Width: 14
Area: 210
Features: Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Dressing Room, High Speed Internet Hookup, Recessed Lighting, Remodeled
Level: Third
Length: 14
Width: 18
Area: 252
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Closet - Linen, Closet - Walk-in, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Dressing Room, Closet, Kitchen, Bathroom, Sitting Room, Mud Room, Wine Cellar, Wet Bar
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, ENERGY STAR Qualified Refrigerator, Wine Refrigerator, ENERGY STAR Qualified Dishwasher, Range Hood, Cooktop, Range - ENERGY STAR, Rangetop - ENERGY STAR, Oven - ENERGY STAR, Gas Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Hardwood, Flooring - Wood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Laundry Features: Washer Hookup
Rooms: 13
Has Fireplace
Fireplace Features: Dining Room, Living Room
Fireplaces: 1
Basement: Full, Concrete
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street
Garage Spaces: 2
Exterior Details
Security Features: Security System
Property Condition: Updated/Remodeled, Remodeled
Year Built Source: Public Records
Year Built Details: Certified Historic, Renovated Since
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Skylight(s), Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck - Exterior, Deck, Deck - Composite, Patio
Lead Paint: Unknown
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: SRB
Parcel Number: 141365
Water Source: Public
Financial Details
Tax Assessed Value: $605,900
Tax Annual Amount: $6,467
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, ENERGY STAR Qualified Equipment
Heating Type: Central, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017