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Needham 02492
298 Brookline Street
$1,272,750
● House - Off Market

298 Brookline Street

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,400 Ft²
$2,281,436
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Amazing location!! Walk to town, schools, train and restaurants!! This ten room colonial has been completely renovated by well known Needham native builder. Fabulous house offers amenities of a new construction home such as wonderful chef's kitchen with a separate wine cooler/mini fridge area. A grand master suite with a large bathroom, custom oversized tile shower and jacuzzi, separate side entrance mudroom with built-ins. Great custom moldings and details throughout and many extras.  Great playroom with built-ins in the basement. Large private fenced level back yard!!  House will be ready for delivery by mid September.
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$367
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1934

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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 #71702578)

Price History

Date / Event Date Event Price
Oct 17, 2014 Sold
Premium
Sold
Jun 20, 2014 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $1,249,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Nov 5, 2013 Sold
Premium
Sold
Aug 15, 2013 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $649,900
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 2014
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,492
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 3,101
  • Gross Building Area: 4,593
  • Building Area: 3,101
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,101
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000230
  • 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:054.0 B:0096 L:0000.0
  • Block: 96
  • Municipality: NEEDHAM
  • Latitude: 42.2865
  • Longitude: -71.2271

    Address

  • Full Address: 298 Brookline St
  • Address - House Number: 298
  • Address - Street Name: Brookline
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3522
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,890,700

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,027,428
  • High Value: 2,370,423
  • Low Value: 1,684,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,449,900
  • Assessed Land Value: $581,100
  • Assessed Improvements Value: $868,800

    Sales

  • Current Sale Recording Date: Oct 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90954
  • Previous Sale Recording Date: Nov 05, 2013
  • Previous Sale Amount: $638,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

4189 ft²

Average Home Age

38.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71702578

Frequently Asked Questions

When was property at 298 Brookline Street built and last sold?
The property at 298 Brookline Street was built in 1934 and last sold on Jan 1, 1970 for $1,272,750.
How much is this home worth?
The estimated value of the home located at 298 Brookline Street is $1,298,536.
What are some comparable homes to 298 Brookline Street?
There are currently no comparable homes to 298 Brookline Street.
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