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Needham 02494
34 Hillside Avenue
$340,000
● House - Off Market

34 Hillside Avenue

Needham, MA 02494
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$1,105,720
RealtyHop Estimate
216.01%
Since Mar 1, 2000
MA-Boston
Primary Model

About This Property

SPACIOUS 5 BEDROOM CAPE ON A VERY LARGE LEVEL LOT.  ALL NEW WALK-OUT 1 BEDROOM BASEMENT IN-LAW APARTMENT.  LARGE WORKSHOP.  ORGANIC GARDEN.  NEAR SHOPS, TRANSPORTATION AND PARK.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$203
Property Type
House
Property Taxes
$268
HOA Dues
-
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: 4 years ago (MLSPIN #30374916)

Price History

Date / Event Date Event Price
Feb 7, 2000 Sold
Premium
Sold
Dec 18, 1999 Listed by Louise Condon Realty $349,900
Listed by Louise Condon Realty
Jul 1, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,916
  • Gross Building Area: 3,116
  • Building Area: 1,916
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,916
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000420
  • 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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:094.0 B:0019 L:0000.0
  • Block: 19
  • Municipality: NEEDHAM
  • Latitude: 42.2998
  • Longitude: -71.2346

    Address

  • Full Address: 34 Hillside Ave
  • Address - House Number: 34
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1708
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,060,700

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,144,706
  • High Value: 1,338,757
  • Low Value: 950,655

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $813,400
  • Assessed Land Value: $494,700
  • Assessed Improvements Value: $318,700

    Sales

  • Current Sale Recording Date: Feb 07, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 01, 1991
  • Previous Sale Amount: $195,000
  • 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:

$1,600,000

Sale Price/ft²

$533

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4159 ft²

Average Home Age

38.5 years

Currently For Sale

68 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 years ago
Data Source: MLS PIN, MLS# 30374916

Frequently Asked Questions

When was property at 34 Hillside Avenue built and last sold?
The property at 34 Hillside Avenue was built in 1950 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 34 Hillside Avenue is $0.
What are some comparable homes to 34 Hillside Avenue?
There are currently no comparable homes to 34 Hillside Avenue.
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