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Needham 02492
40 Meetinghouse Circle
$905,000
● House - Off Market

40 Meetinghouse Circle

Needham, MA 02492
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,720 Ft²
$1,215,832
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Have you been looking for a fabulous house in an fabulous neighborhood?  This is an opportunity to buy a home in the new SUNITA WILLIAMS ELEMENTARY SCHOOL district.   Oversized custom split level home is awaiting its next owner... The large eat in kitchen allows for easy access to the family room with large fireplace or dining room for entertaining. There is also a large living room on this level. Three large bedrooms and 2 full baths complete this main living  level. The lower level is a walk out with another full bath, huge game room, additional bedroom/office and laundry room. Direct access to the two car garage with additional space for storage. Private backyard with deck. Quick close possible.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$494
Property Type
House
Property Taxes
$755
HOA Dues
-
Year Built
1979

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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 #72597116)

Price History

Date / Event Date Event Price
Jan 13, 2020 Sold
Premium
Sold
Dec 2, 2019 Listed by Keller Williams Realty $850,000
Listed by Keller Williams Realty
Feb 13, 1980 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2009
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,612
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,720
  • Gross Building Area: 3,332
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,720
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:126.0 B:0027 L:0000.0
  • Block: 27
  • Municipality: NEEDHAM
  • Latitude: 42.2865
  • Longitude: -71.2507

    Address

  • Full Address: 40 Meetinghouse Cir
  • Address - House Number: 40
  • Address - Street Name: Meetinghouse
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Needham
  • Carrier Code: C027
  • 4-Digit Zip Code: 1928
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,395,900

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,367,658
  • High Value: 1,599,035
  • Low Value: 1,136,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,070,500
  • Assessed Land Value: $505,000
  • Assessed Improvements Value: $565,500

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2972
  • Previous Sale Recording Date: Feb 13, 1980
  • Previous Sale Amount: $122,000
  • 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:

$1,629,000

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72597116

Frequently Asked Questions

When was property at 40 Meetinghouse Circle built and last sold?
The property at 40 Meetinghouse Circle was built in 1979 and last sold on Dec 20, 2019 for $905,000.
How much is this home worth?
The estimated value of the home located at 40 Meetinghouse Circle is $871,004.
What are some comparable homes to 40 Meetinghouse Circle?
There are currently no comparable homes to 40 Meetinghouse Circle.
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