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Needham 02492
36 Pinewood Road
$1,223,000
● House - Off Market

36 Pinewood Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,350 Ft²
$1,948,348
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

Welcome to the ladder streets of Needham; Great house, Great location!! Thoughtfully renovated colonial in Fair Oaks Park; featuring everything you need to suit today's lifestyles; renovated kitchen open to a fireplaced family room, mudroom, lovely formal living room and dining rooms with custom built-ins and a fireplace. Upstairs you will find four spacious bedrooms including a huge master suite with cathedral ceiling, master bath and walk in closet. The lower level offers multiple finished areas to enjoy including an expansive recreation room, an office area and a large updated laundry room. Newer garage, roof, furnace and water heater make this home move in ready and the deck, screen porch and level yard complete this the perfect home! Close to schools, train and shops; a must see!!
Unit Size
3,350 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$388
Property Type
House
Property Taxes
$841
HOA Dues
-
Year Built
1925

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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 #72418527)

Price History

Date / Event Date Event Price
Jan 22, 2019 Sold
Premium
Sold
Nov 1, 2018 Listed by Keller Williams Realty $1,299,000
Listed by Keller Williams Realty
Aug 17, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,280
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,687
  • Gross Building Area: 3,955
  • Building Area: 2,687
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,687
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:034.0 B:0069 L:0000.0
  • Block: 69
  • Municipality: NEEDHAM
  • Latitude: 42.2791
  • Longitude: -71.2246

    Address

  • Full Address: 36 Pinewood Rd
  • Address - House Number: 36
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C011
  • 4-Digit Zip Code: 3312
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,781,500

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,782,631
  • High Value: 2,084,212
  • Low Value: 1,481,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,366,200
  • Assessed Land Value: $622,600
  • Assessed Improvements Value: $743,600

    Sales

  • Current Sale Contract Date: Jan 16, 2019
  • Current Sale Recording Date: Jan 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4928
  • Previous Sale Recording Date: Aug 17, 1990
  • Previous Sale Amount: $235,000
  • 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:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 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# 72418527

Frequently Asked Questions

When was property at 36 Pinewood Road built and last sold?
The property at 36 Pinewood Road was built in 1925 and last sold on Jan 16, 2019 for $1,223,000.
How much is this home worth?
The estimated value of the home located at 36 Pinewood Road is $1,333,917.
What are some comparable homes to 36 Pinewood Road?
There are currently no comparable homes to 36 Pinewood Road.
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