$364,870
●
Condo -
Off Market
32 Junction Place #1
Needham, MA 02492
3 Beds
2 Baths,
1
Half Bath
1,400 Ft²
$718,452
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model
About This Property
An opportunity to own 4 year young unit in a convenient location.
This affordable housing unit is being sold in conjunction
with the Needham Housing Authority and the owner.
Applications are being submitted to the Needham Housing
Authority. There are salary guidline. Call for further
information. This is a beautiful fully applianced unit.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
Condo
Property Taxes
$267
HOA Dues
$100
Year Built
2003
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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 #70641725)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2016 | Sold | ||
| Sold | |||
| Nov 12, 2015 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $398,674 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
RARE opportunity!! Sunny END UNIT townhouse w/attached garage in walking distance to restaurants, shopping, commuter train. Features master bath, hardwood floors & central air. Unit comes complete with all appliances, blinds & washer/dryer. This Moderately-Priced Affordable unit is being sold in conjunction with state requirements that regulate sales price. Interested buyers must complete an application for the Town of Needham to determine eligibility. CONTACT LIST AGENT for further information. OWNER OCCUPANCY ONLY!! Unit cannot be rented. The APPLICATION IS POSTED. DEADLINE for submitting applications is no later than 4pm on Dec 10, 2015. Income limits by household: 1 - $103k; 2pp - $118,250; 3pp - $133,050; 4pp - $147,750; 5pp - $159,750; 6pp - $171,500. Showings start at the open house Sunday11/15 1-2:30pm. - SEE ATTACHED DOCUMENTS
| |||
| Dec 31, 2007 | Sold | ||
| Sold | |||
| Sep 5, 2007 | Listed | $364,870 | |
| Listed | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Concrete
Laundry Features: Second Floor
Rooms: 6
Basement: Y
Exterior Details
Square Footage: 1400
Year Built Source: Public Records
Year Built: 2003
Building Name: Junction Place
Building Area Total: 1400
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $343,200
Tax Annual Amount: $3,209
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $100
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 |
|---|---|---|---|---|---|---|---|
|
11/12/2015
|
3 Bed
|
2 Bath
|
1400 ft²
|
$398,674
3 Bed
2 Bath
1400 ft²
|
$398,674
02/22/2016
|
M Kathleen Tedoldi
Louise Condon Realty
| |
|
02/24/2015
|
3 Bed
|
3 Bath
|
1400 ft²
|
$380,883
3 Bed
3 Bath
1400 ft²
|
$380,883
05/26/2015
|
M Kathleen Tedoldi
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
09/24/2013
|
3 Bed
|
3 Bath
|
1512 ft²
|
$235,000
3 Bed
3 Bath
1512 ft²
|
$199,621
-15.05%
09/18/2014
|
Paige Thompson
Hue Realty Group
| |
|
12/10/2011
|
3 Bed
|
3 Bath
|
1400 ft²
|
$369,900
3 Bed
3 Bath
1400 ft²
|
$362,500
-2.00%
12/31/2012
|
Arthur Deych
Red Tree Real Estate
| |
|
09/05/2007
|
3 Bed
|
2 Bath
|
1400 ft²
|
$364,870
3 Bed
2 Bath
1400 ft²
|
$364,870
12/31/2007
|
Betsy Tedoldi
| |
|
03/08/2005
|
3 Bed
|
2 Bath
|
1400 ft²
|
$345,100
3 Bed
2 Bath
1400 ft²
|
$345,100
04/22/2005
|
Edie Garrison
Louise Condon Realty
| |
|
04/20/2001
| |
Loft
|
-
|
1458 ft²
|
$400,000
Loft
-
1458 ft²
|
$300,000
-25.00%
03/01/2002
|
Betsy Tedoldi
Louise Condon Realty
|
Building Info
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