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Needham 02492
36 Sterling Road
$1,262,500
● House - Off Market

36 Sterling Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,210 Ft²
$2,471,394
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Gracious colonial offers everything your heart desires!   Well maintained, like-new custom home with great flow and open floor plan.  Spacious cherry kitchen offers ample cabinet space, double wall ovens, center island and opens to gas fireplaced family room and adjoins to spacious Great Room.  Spacious bedrooms, Master Suite with amazing walk-in closet and bathroom.  Separate 2nd floor laundry room with half bath is one of the many features that make this home extra special.  Fenced yard, sprinkler system, deck and landscaping make this level yard a real retreat.  Convenient and desirable location.   Attic and basement are primed for expansion.
Unit Size
4,210 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$306
Property Type
House
Property Taxes
$1,103
HOA Dues
-
Year Built
2009

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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 #71610768)

Price History

Date / Event Date Event Price
Jan 29, 2014 Sold
Premium
Sold
Nov 21, 2013 Listed by WEICHERT, REALTORS® - Hunter Properties $1,289,000
Listed by WEICHERT, REALTORS® - Hunter Properties
May 26, 2010 Sold
Premium
Sold
Jun 26, 2009 Listed by WEICHERT, REALTORS® - Hunter Properties $1,145,000
Listed by WEICHERT, REALTORS® - Hunter Properties
Aug 14, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 1,883
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 4,266
  • Gross Building Area: 6,093
  • Building Area: 4,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,266
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000270
  • 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:001.0 B:0023 L:0000.0
  • Block: 23
  • Municipality: NEEDHAM
  • Latitude: 42.2709
  • Longitude: -71.2027

    Address

  • Full Address: 36 Sterling Rd
  • Address - House Number: 36
  • Address - Street Name: Sterling
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C013
  • 4-Digit Zip Code: 4719
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,011,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,228,119
  • High Value: 2,605,066
  • Low Value: 1,851,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,542,300
  • Assessed Land Value: $466,700
  • Assessed Improvements Value: $1,075,600

    Sales

  • Current Sale Recording Date: Jan 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 26, 2010
  • Previous Sale Amount: $1,145,000
  • 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

$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# 71610768

Frequently Asked Questions

When was property at 36 Sterling Road built and last sold?
The property at 36 Sterling Road was built in 2009 and last sold on Jan 1, 1970 for $1,262,500.
How much is this home worth?
The estimated value of the home located at 36 Sterling Road is $1,346,389.
What are some comparable homes to 36 Sterling Road?
There are currently no comparable homes to 36 Sterling Road.
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