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Needham 02494
28 Pine Grove
$1,432,000
● House - Off Market

28 Pine Grove

Needham, MA 02494
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4,615 Ft²
$2,508,768
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

New Construction Home well on its way - up framed and soon finish work will begin -Summertime delivery. Perfect timing to get settled before the school year begins. Ideal location on tree-lined street within easy walking distance to Needham Heights, train to Boston, and nice restaurants. This custom designed home sets on a nice level lot. A fabulous kitchen opens to huge family room with vaulted ceiling. First floor office/den or guest room with access to full bath. Second floor with spacious bedrooms including a bedroom with private bath. Master bedroom is outfitted with his and her walk-in closets, a vaulted ceiling, and comfortable sitting area. Third floor offers an open area plus a 5th bedroom with full bath. Photos from builder's recent homes. A wonderful opportunity to make your own selections.
Unit Size
4,615 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$313
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2015

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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: 4 months ago (MLSPIN #71807360)

Price History

Date / Event Date Event Price
Aug 10, 2015 Sold
Premium
Sold
Mar 26, 2015 Listed by Keller Williams Realty $1,445,000
Listed by Keller Williams Realty
Aug 28, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,005
  • 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: 4,919
  • Gross Building Area: 6,835
  • Building Area: 4,919
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,919
  • 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: 403502

Zoning

  • Zoning: B

Geography

  • Parcel: NEED M:095.0 B:0035 L:0000.0
  • Block: 35
  • Municipality: NEEDHAM
  • Latitude: 42.2983
  • Longitude: -71.2374

    Address

  • Full Address: 28 Pine Grove St
  • Address - House Number: 28
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1715
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,102,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,411,841
  • High Value: 2,785,385
  • Low Value: 2,038,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,612,600
  • Assessed Land Value: $483,100
  • Assessed Improvements Value: $1,129,500

    Sales

  • Current Sale Recording Date: Aug 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77294
  • Previous Sale Recording Date: Aug 28, 2014
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: O
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

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 years

Currently For Sale

66 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: 4 months ago
Data Source: MLS PIN, MLS# 71807360

Frequently Asked Questions

When was property at 28 Pine Grove Street built and last sold?
The property at 28 Pine Grove Street was built in 2015 and last sold on Jan 1, 1970 for $1,432,000.
How much is this home worth?
The estimated value of the home located at 28 Pine Grove Street is $1,458,689.
What are some comparable homes to 28 Pine Grove Street?
There are currently no comparable homes to 28 Pine Grove Street.
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