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Needham 02492
28 Powers St
$980,000
● House - Off Market

28 Powers St

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,905 Ft²
$918,068
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

OFFER ACCEPTED! Open house canceled.    Updated home in highly sought after and hugely desirable neighborhood! Enjoy this premium Needham location that is easily accessible to town, train, parks, Mitchell elementary school, Pollard middle school and Needham high school. This renovated cape is move in ready and waiting for its next owners. Property has been updated to include a newer kitchen and bathroom, beautifully finished basement, gas heating system (2018), new windows (2021) and newer roof (2019).  Bright kitchen with plenty of storage, stainless steel appliances, marble backsplash, gorgeous tile floor, and quartzite countertops. Fenced in yard and wonderful open space/park across the street. This is a "must see" property!
Unit Size
1,905 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$480
Property Type
House
Property Taxes
$795
HOA Dues
-
Year Built
1948

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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 #73110085)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
May 13, 2023 In contract -
In contract
May 10, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $915,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jun 23, 2020 Sold
Premium
Sold
May 6, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $795,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 780
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,437
  • Gross Building Area: 2,217
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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:0033 L:0000.0
  • Block: 33
  • Municipality: NEEDHAM
  • Latitude: 42.2833
  • Longitude: -71.2247

    Address

  • Full Address: 28 Powers St
  • Address - House Number: 28
  • Address - Street Name: Powers
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3410
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $985,800

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,053,388
  • High Value: 1,216,317
  • Low Value: 890,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,000
  • Assessed Land Value: $520,200
  • Assessed Improvements Value: $235,800

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40198
  • Previous Sale Recording Date: Jun 23, 2020
  • Previous Sale Contract Date: Jun 18, 2020
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

4309 ft²

Average Home Age

36.8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73110085

Frequently Asked Questions

When was property at 28 Powers Street built and last sold?
The property at 28 Powers Street was built in 1948 and last sold on Feb 28, 2023 for $980,000.
How much is this home worth?
The estimated value of the home located at 28 Powers Street is $932,426.
What are some comparable homes to 28 Powers Street?
There are currently no comparable homes to 28 Powers Street.
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