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Needham 02492
3 Holmes Street
$735,000
● House - Off Market

3 Holmes Street

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,230 Ft²
$1,534,212
RealtyHop Estimate
107.61%
Since Jul 1, 2003
MA-Boston
Primary Model

About This Property

CHARMING ARCHITECTURAL DETAILS THROUGHOUT THIS STATELY 1930'S COLONIAL. FABULOUS SUNSPLASHED FR W/ FP OPENING TO BRICK PATIO. KITCHEN FEATURES COOKING ISLAND AND EI AREA. MASTER W/CATH CEILING AND LOFT. MOVE IN CONDITION.
Unit Size
3,230 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$229
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1934

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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 #30696140)

Price History

Date / Event Date Event Price
Jun 18, 2007 Sold
Premium
Sold
Jun 16, 2003 Sold
Premium
Sold
Mar 7, 2003 Listed by Coldwell Banker Residential Brokerage - Needham $739,000
Listed by Coldwell Banker Residential Brokerage - Needham

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,810
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 3,709
  • Gross Building Area: 5,403
  • Building Area: 3,709
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,709
  • 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:0088 L:0000.0
  • Block: 88
  • Municipality: NEEDHAM
  • Latitude: 42.2873
  • Longitude: -71.225

    Address

  • Full Address: 3 Holmes St
  • Address - House Number: 3
  • Address - Street Name: Holmes
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3614
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,552,300

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,765,817
  • High Value: 2,039,306
  • Low Value: 1,492,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,190,400
  • Assessed Land Value: $589,200
  • Assessed Improvements Value: $601,200

    Sales

  • Current Sale Recording Date: Jun 18, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 141053
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30696140

Frequently Asked Questions

When was property at 3 Holmes Street built and last sold?
The property at 3 Holmes Street was built in 1934 and last sold on Jan 1, 1970 for $926,000.
How much is this home worth?
The estimated value of the home located at 3 Holmes Street is $798,166.
What are some comparable homes to 3 Holmes Street?
There are currently no comparable homes to 3 Holmes Street.
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