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Needham 02492
4 Broad Meadow Rd
$1,499,000
● House - Off Market

4 Broad Meadow Rd

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,350 Ft²
$2,142,719
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

New construction home in Needham! A+ location. Just a short walk to both Broad Meadow Elementary and the Hershey T- station with very easy access to I-95. this home is nestled in a great location. 4 Broad Meadow boasts a stunning large open floor plan and a private back yard. Right now, it is in the process of being built and has a spring completion date. There is still time to get in and customize your finishes!
Unit Size
4,350 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$345
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
2019

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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 #72452688)

Price History

Date / Event Date Event Price
May 20, 2019 Sold
Premium
Sold
Feb 13, 2019 Listed by OwnerEntry.com $1,499,000
Listed by OwnerEntry.com
Nov 20, 2018 Sold
Premium
Sold
Sep 28, 2018 Listed by OwnerEntry.com $500,000
Listed by OwnerEntry.com

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,436
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,768
  • Gross Building Area: 5,203
  • Building Area: 3,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:016.0 B:0009 L:0000.0
  • Block: 9
  • Municipality: NEEDHAM
  • Latitude: 42.2816
  • Longitude: -71.2055

    Address

  • Full Address: 4 Broad Meadow Rd
  • Address - House Number: 4
  • Address - Street Name: Broad Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C021
  • 4-Digit Zip Code: 4400
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,083,100

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,162,306
  • High Value: 2,497,202
  • Low Value: 1,827,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,597,500
  • Assessed Land Value: $589,700
  • Assessed Improvements Value: $1,007,800

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38373
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Amount: $620,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,627,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 72452688

Frequently Asked Questions

When was property at 4 Broad Meadow Road built and last sold?
The property at 4 Broad Meadow Road was built in 2019 and last sold on May 20, 2019 for $1,499,000.
How much is this home worth?
The estimated value of the home located at 4 Broad Meadow Road is $1,529,437.
What are some comparable homes to 4 Broad Meadow Road?
There are currently no comparable homes to 4 Broad Meadow Road.
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