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Needham 02492
34 Prospect St
$1,116,000
● House - Off Market

34 Prospect St

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,468 Ft²
$1,834,599
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

A rare find! Pride of ownership is apparent in the elegant, completely renovated and meticulously maintained, 4-5 bedroom, 3.5 bath center entrance colonial on a corner lot in a desirable neighborhood setting close to town.  Open floor plan with gracious foyer, large living room, inviting family room, granite kitchen, 1st floor study.  4 second floor bedrooms including spacious master with walk-in closet great master bath and 2nd floor laundry room. Sparkling hardwood floors throughout. 2 finished rooms and full bath in walkout lower level. Azek deck overlooking private fenced yard. New HE condensing gas boiler, Hardie plank siding. Alarm, central vac, walk to train and town center.  Nothing to do but move right in!
Unit Size
3,468 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$317
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
1927

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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 #71995645)

Price History

Date / Event Date Event Price
Jul 20, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Realty Consultants $1,099,900
Listed by Realty Consultants
Sep 17, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,488
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,668
  • Gross Building Area: 4,156
  • Building Area: 2,668
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:131.0 B:0053 L:0000.0
  • Block: 53
  • Municipality: NEEDHAM
  • Latitude: 42.2819
  • Longitude: -71.2458

    Address

  • Full Address: 34 Prospect St
  • Address - House Number: 34
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1805
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,522,900

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,682,468
  • High Value: 1,967,103
  • Low Value: 1,397,832

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,167,900
  • Assessed Land Value: $528,500
  • Assessed Improvements Value: $639,400

    Sales

  • Current Sale Recording Date: Jul 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70259
  • Previous Sale Recording Date: Sep 17, 2002
  • Previous Sale Amount: $455,935
  • 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# 71995645

Frequently Asked Questions

When was property at 34 Prospect Street built and last sold?
The property at 34 Prospect Street was built in 1927 and last sold on Jan 1, 1970 for $1,116,000.
How much is this home worth?
The estimated value of the home located at 34 Prospect Street is $1,152,634.
What are some comparable homes to 34 Prospect Street?
There are currently no comparable homes to 34 Prospect Street.
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