$340,000
●
Condo -
Off Market
31 Hamlin Ln #A24
Needham, MA 02492
1 Bed
1 Bath
721 Ft²
$2,266
Est. Monthly
$314
HOA / Fees
7.04%
Cap Rate
About This Property
2nd floor unit at The Elizabeth Condominiums – suburban living in a
great, convenient Needham location. This condo unit features
spacious living room with sliding doors to expansive balcony,
dining area leading to kitchen, hallway bathroom with tub/shower
combo & linen closet, large bedroom with walk-in closet. Laundry
facility just down one flight of stairs in basement, Deeded parking
space #14, along with plenty of visitor parking. Extra storage
space #15 also in basement. Clubroom/lounge area in basement.
Professionally managed complex; easily accessible to Route 128 and
95, Hersey Commuter Rail Station (Needham Line), and close to Mass
Pike. Experience downtown Needham's shops and restaurants close by.
No pets allowed.
Unit Size
721 Ft²
Days on Market
-
Land Size
-
Price per sqft
$485
Property Type
Condo
Property Taxes
$234
HOA Dues
$314
Year Built
1950
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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: 2 years ago (MLSPIN #73275618)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Tullish & Clancy | $349,900 | |
| Listed by Tullish & Clancy | |||
| May 27, 2010 | Sold | ||
| Sold | |||
| Dec 3, 2009 | Listed by DA SMITH Real Estate | $159,000 | |
| Listed by DA SMITH Real Estate | |||
| | |||
|
Amazing price adjustment makes this property a real value. Bright, 2nd floor condo, just 8 steps up, is complete with replacement windows & high-end slider to an ample balcony. Efficient kitchen has stylish ceramic tile floors, tile bath w/ updated vanity, unit has newer A/C. Big walk-in closet in the bedroom. The clean, quiet complex offers on-site maintenance person, large function room, extra storage & laundry room. Very commuter friendly location. 20% down yeilds payments less than rent!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Flooring Type: Laminate
Laundry Features: In Basement, In Building
Rooms: 3
Basement: N
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Elizabeth Condominiums
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None, Unknown
Lot Size Units: Acres
Zoning: SRA
Parcel Number: M:200.0 B:0031 L:0010.0, 145569
Water Source: Public
Financial Details
Tax Assessed Value: $224,000
Tax Annual Amount: $2,804
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Laundry, Storage
Association Fee Frequency: Monthly
HOA Fee: $314
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
12/02/2024
|
2 Bed
|
1 Bath
|
904 ft²
|
$459,900
2 Bed
1 Bath
904 ft²
|
-
-
|
Vilma Michienzi
RE/MAX Real Estate Center
| |
|
10/24/2024
|
1 Bed
|
1 Bath
|
733 ft²
|
$365,000
1 Bed
1 Bath
733 ft²
|
$355,000
-2.74%
01/27/2025
|
Igor Taksir
Team I.D. Realty
| |
|
08/08/2024
|
1 Bed
|
1 Bath
|
721 ft²
|
$349,900
1 Bed
1 Bath
721 ft²
|
$340,000
-2.83%
11/06/2024
|
Brian Willinsky
Tullish & Clancy
| |
|
04/29/2024
|
2 Bed
|
1 Bath
|
904 ft²
|
$379,900
2 Bed
1 Bath
904 ft²
|
$406,000
+6.87%
07/05/2024
|
Faina Snitkovsky
Core Real Estate
| |
|
04/19/2024
|
1 Bed
|
1 Bath
|
738 ft²
|
$340,000
1 Bed
1 Bath
738 ft²
|
$355,000
+4.41%
05/20/2024
|
Wilson Group
Keller Williams Realty
| |
|
04/13/2024
|
2 Bed
|
1 Bath
|
910 ft²
|
$489,900
2 Bed
1 Bath
910 ft²
|
$487,000
-0.59%
06/11/2024
|
Charlotte Liu
Keller Williams Realty
| |
|
10/19/2023
|
2 Bed
|
1 Bath
|
-
|
$439,000
2 Bed
1 Bath
|
-
-
|
Christopher Woodard
Keller Williams Coastal
| |
|
06/09/2023
|
1 Bed
|
1 Bath
|
734 ft²
|
$350,000
1 Bed
1 Bath
734 ft²
|
$355,000
+1.43%
07/06/2023
|
Daryl Cohan
Keller Williams Realty
| |
|
01/03/2023
|
2 Bed
|
1 Bath
|
904 ft²
|
$425,000
2 Bed
1 Bath
904 ft²
|
$399,000
-6.12%
02/22/2023
|
Deborah Cerra
William Raveis R.E. & Home Services
| |
|
03/18/2022
|
2 Bed
|
1 Bath
|
904 ft²
|
$389,900
2 Bed
1 Bath
904 ft²
|
$415,000
+6.44%
05/02/2022
|
Edna Feigenbaum
Centre Realty Group
| |
|
06/10/2020
|
2 Bed
|
1 Bath
|
904 ft²
|
$305,000
2 Bed
1 Bath
904 ft²
|
$313,000
+2.62%
07/27/2020
|
Eleanor Reilly
Coldwell Banker Realty - Needham
| |
|
06/26/2015
|
2 Bed
|
1 Bath
|
904 ft²
|
$239,000
2 Bed
1 Bath
904 ft²
|
$235,000
-1.67%
07/15/2015
|
Tish Kennedy Dolan
Louise Condon Realty
| |
|
08/08/2013
|
2 Bed
|
1 Bath
|
904 ft²
|
$259,900
2 Bed
1 Bath
904 ft²
|
$247,500
-4.77%
02/27/2014
|
Maura Carson
Louise Condon Realty
| |
|
03/26/2013
|
2 Bed
|
1 Bath
|
904 ft²
|
$279,900
2 Bed
1 Bath
904 ft²
|
$245,000
-12.47%
05/10/2013
|
Irene Ho
Move2Boston Group, LLC
| |
|
10/19/2012
|
1 Bed
|
1 Bath
|
725 ft²
|
$179,000
1 Bed
1 Bath
725 ft²
|
$179,000
11/20/2012
|
Jon Lynch
William Raveis R.E. & Home Services
| |
|
09/27/2012
|
1 Bed
|
1 Bath
|
725 ft²
|
$169,000
1 Bed
1 Bath
725 ft²
|
$169,000
12/07/2012
|
Ned Mahoney
Keller Williams Realty
| |
|
03/07/2012
|
1 Bed
|
1 Bath
|
733 ft²
|
$165,000
1 Bed
1 Bath
733 ft²
|
$160,000
-3.03%
04/24/2012
|
Igor Taksir
Team I.D. Realty
| |
|
06/12/2010
|
2 Bed
|
1 Bath
|
904 ft²
|
$249,000
2 Bed
1 Bath
904 ft²
|
-
-
|
Maura Carson
Louise Condon Realty
| |
|
05/17/2010
|
1 Bed
|
1 Bath
|
733 ft²
|
$175,000
1 Bed
1 Bath
733 ft²
|
$158,230
-9.58%
09/16/2010
|
David Cronin
Coldwell Banker Realty - Needham
| |
|
12/03/2009
|
1 Bed
|
1 Bath
|
721 ft²
|
$159,000
1 Bed
1 Bath
721 ft²
|
$147,000
-7.55%
05/27/2010
|
DAVID R SMITH
Virtual Properties Realty. Biz
| |
|
07/15/2007
|
1 Bed
|
1 Bath
|
725 ft²
|
$221,000
1 Bed
1 Bath
725 ft²
|
$180,000
-18.55%
07/18/2008
|
Kaye Karpovich
Keller Williams Elite
| |
|
10/17/2004
|
2 Bed
|
1 Bath
|
910 ft²
|
$269,900
2 Bed
1 Bath
910 ft²
|
$265,000
-1.82%
12/15/2004
|
Harriet Lieb
Realty Consultants
| |
|
05/18/2004
|
1 Bed
|
1 Bath
|
520 ft²
|
$239,000
1 Bed
1 Bath
520 ft²
|
$235,000
-1.67%
06/27/2004
|
Cliff London
RE/MAX Home Team
| |
|
03/07/2004
|
2 Bed
|
1 Bath
|
904 ft²
|
$269,000
2 Bed
1 Bath
904 ft²
|
$264,000
-1.86%
05/07/2004
|
Pamela Condon
Louise Condon Realty
| |
|
09/11/2002
|
1 Bed
|
1 Bath
|
725 ft²
|
$210,000
1 Bed
1 Bath
725 ft²
|
$194,000
-7.62%
11/15/2002
|
Sally Cleveland
Louise Condon Realty
| |
|
06/01/2002
|
2 Bed
|
1 Bath
|
904 ft²
|
$239,900
2 Bed
1 Bath
904 ft²
|
$226,000
-5.79%
07/31/2002
|
Cliff London
RE/MAX Home Team
| |
|
12/13/2001
|
2 Bed
|
1 Bath
|
1000 ft²
|
$244,900
2 Bed
1 Bath
1000 ft²
|
$234,000
-4.45%
03/28/2002
|
Dana Panepinto
Federico Properties
| |
|
12/07/2001
|
2 Bed
|
1 Bath
|
904 ft²
|
$259,000
2 Bed
1 Bath
904 ft²
|
$251,800
-2.78%
03/25/2002
|
Alan Ginsberg
Donalan Group Realty, Inc.
| |
|
09/17/2001
|
1 Bed
|
1 Bath
|
738 ft²
|
$175,000
1 Bed
1 Bath
738 ft²
|
$165,000
-5.71%
11/02/2001
|
Paul Carey
Coldwell Banker Realty - Needham
| |
|
04/04/2001
|
2 Bed
|
1 Bath
|
904 ft²
|
$210,000
2 Bed
1 Bath
904 ft²
|
$195,000
-7.14%
05/23/2001
|
Frances Haddad
| |
|
06/07/1996
|
1 Bed
|
1 Bath
|
725 ft²
|
$92,000
1 Bed
1 Bath
725 ft²
|
$86,000
-6.52%
09/27/1996
|
Lois Chisholm Marks
Louise Condon Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017