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Needham 02492
355 Cartwright Rd
$1,500,000
● House - Off Market

355 Cartwright Rd

Needham, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,144 Ft²
$2,214,315
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Beautifully appointed 4 bedroom Colonial with 3 car garage sited on 1.78 acres of private landscaped grounds will steal your heart. Fabulous chef's kitchen with breakfast room opens to family room with stone fireplace and stunning views of Ridge Hill reservation. Entertainment sized dining room and living room plus office with custom built-ins complete the first floor. Upstairs lays out beautifully with a sumptuous master suite complete with vaulted ceilings and spa bath plus 3 other generously sized bedrooms, bath and laundry. Stunning finished walk out lower level with exercise room, media room, full bath, playroom and wet bar complete this singular home. An opportunity to live an idyllic country life minutes to   Wellesley square and major routes!    --
Unit Size
4,144 Ft²
Days on Market
-
Land Size
1.78 acres
Price per sqft
$361
Property Type
House
Property Taxes
$1,288
HOA Dues
-
Year Built
1988

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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 #72299235)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
Mar 28, 2018 Listed by Compass $1,495,000
Listed by Compass
Mar 26, 2007 Sold
Premium
Sold
Jan 9, 2007 Listed by Compass $1,240,000
Listed by Compass
Jul 1, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2000
  • 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: 5
  • 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: 1,744
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,537
  • Total Building Area: 3,256
  • Gross Building Area: 4,888
  • Building Area: 3,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001780
  • 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: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:219.0 B:0003 L:0000.0
  • Block: 3
  • Municipality: NEEDHAM
  • Latitude: 42.2836
  • Longitude: -71.2784

    Address

  • Full Address: 355 Cartwright Rd
  • Address - House Number: 355
  • Address - Street Name: Cartwright
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,992,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,085,835
  • High Value: 2,438,711
  • Low Value: 1,732,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,527,600
  • Assessed Land Value: $878,000
  • Assessed Improvements Value: $649,600

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55249
  • Previous Sale Recording Date: Mar 26, 2007
  • Previous Sale Amount: $1,225,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72299235

Frequently Asked Questions

When was property at 355 Cartwright Road built and last sold?
The property at 355 Cartwright Road was built in 1988 and last sold on Jan 1, 1970 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 355 Cartwright Road is $1,555,077.
What are some comparable homes to 355 Cartwright Road?
There are currently no comparable homes to 355 Cartwright Road.
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