$1,099,000
●
Condo -
Off Market
31 Bobsled Drive #1
Needham, MA 02494
4 Beds
5 Baths,
1
Half Bath
3,252 Ft²
$1,568,216
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model
About This Property
The perfect home! Light & bright with an amazing floorplan and so
much space! Four full floors of living! First floor with open
concept kitchen family room. Center island and breakfast bar.
Family room with fireplace. Formal dining room and private
office/bedroom with full bath. 2nd floor with 4 corner bedrooms all
generous in size. Master suite has a big walk in closet plus spa
like bath with jacuzzi. Finished 3rd floor-great for a studio.
Lower level has an oversized 2 car tandem garage that enters into
mudroom area & closet. Plus additional finished space with a full
bath perfect for guests, playroom, exercise or additional office.
Fenced in private & sunny yard with incredible landscape and
plantings- truly a happy place! Farmer's porch as you enter
the home gives you another space to sit and read/relax. Just a
short distance to train and bus, easy access to major routes,
Trader Joe's....Private path to Hillside School. This is one not to
miss!
Unit Size
3,252 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$338
Property Type
Condo
Property Taxes
$977
HOA Dues
-
Year Built
2008
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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: 5 years ago (MLSPIN #72465141)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2019 | Sold | ||
| Sold | |||
| Mar 14, 2019 | Listed by Coldwell Banker Realty - Wellesley | $1,099,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 14
Length: 16
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook
Area: 224
Level: First
Features: Bathroom - Full
Level: Second
Width: 15
Length: 11
Area: 165
Area: 192
Length: 16
Level: Second
Width: 12
Width: 10
Features: Flooring - Hardwood, Window(s) - Picture
Length: 16
Level: First
Area: 160
Features: Bathroom - Half
Level: First
Length: 16
Level: First
Area: 224
Features: Flooring - Hardwood
Width: 14
Width: 17
Length: 14
Area: 238
Level: Second
Length: 21
Level: First
Features: Exterior Access, Open Floorplan
Width: 15
Area: 315
Features: Bathroom - Full, Walk-In Closet(s)
Level: Second
Length: 16
Width: 15
Area: 240
Features: Bathroom - Full
Level: Second
Level: First
Features: Bathroom - Full, Flooring - Hardwood
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Bathroom - Full, Closet, Office, Play Room, Mud Room, Bathroom
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater
Flooring Type: Wood, Carpet, Flooring - Hardwood
Laundry Features: Second Floor
Rooms: 8
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: GR
Parcel Number: M:098.0 B:0007 L:0031.0, 142723
Water Source: Public
Financial Details
Tax Assessed Value: $945,800
Tax Annual Amount: $11,718
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Golf
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2019
|
4 Bed
|
5 Bath
|
3252 ft²
|
$1,099,000
4 Bed
5 Bath
3252 ft²
|
$1,099,000
06/06/2019
|
Melissa Dailey
Coldwell Banker Realty - Wellesley
| |
|
02/15/2008
|
4 Bed
|
3 Bath
|
2532 ft²
|
$769,900
4 Bed
3 Bath
2532 ft²
|
$797,000
+3.52%
07/31/2008
|
Catherine P. O Dea
Quest Real Estate
|
Building Info
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