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$467,500
● House - Off Market

38 Needham

bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,058,007
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

QUALITY NEW CONST.- 8 RM,3 BR. 2 1/2 BTH COL. MINUTES TO RTE 3. C/AIR, RECESSED LGTS, HW, FP LIV RM W/CATH CEILING. 2 CAR GAR UNDER.NICE CORNER LOT-WALK TO FREEMAN LAKE. CHOOSE YOUR COLORS!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #30722633)

Price History

Date / Event Date Event Price
Sep 11, 2003 Sold
Premium
Sold
May 16, 2003 Listed by Forsley Real Estate $469,900
Listed by Forsley Real Estate

Property Highlights

Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 12
Length: 26
Features: Dining Area
Area: 312
Level: Second
Features: Bathroom - Full
Level: Second
Width: 12
Length: 13
Area: 156
Width: 13
Features: Flooring - Hardwood
Length: 13
Level: First
Area: 169
Features: Bathroom - Half
Level: First
Length: 18
Level: First
Area: 234
Features: Flooring - Wall to Wall Carpet
Width: 13
Width: 12
Length: 13
Area: 156
Level: Second
Length: 24
Level: First
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 16
Area: 384
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 17
Width: 13
Area: 221
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Gas Water Heater
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: First Floor
Rooms: 8
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Full
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 2
Exterior Details
Year Built Source: Public Records
Year Built Details: To Be Built
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Features: Corner Lot
Lot Size Area: 0.56
Lot Size Units: Acres
Lot Size Acres: 0.56
Zoning: RES
Parcel Number: 3901422
Water Source: Public, City/Town Water
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer, City/Town Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30722633
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