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Norfolk
41 Needham St
$420,000
● House - Off Market

41 Needham St

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$653,466
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Great starter house, lots of space, eat-in kitchen and separate dining room, opens to Fire placed living room, opens to heated sun room with a door to the deck and back yard. 3 good size bedrooms, updated full tiled bathroom. Down stair has a beautiful family room with a stone fireplace, half bath, laundry room and direct entrance from 2 car garage, with openers. Beautiful large level back yard, with 2 sheds, tons of new and mature plantings, patio and small deck. Priced to move quickly, bring your buyers, easy sale.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
2.59 acres
Price per sqft
$291
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1962

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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 #72420775)

Price History

Date / Event Date Event Price
Jan 10, 2019 Sold
Premium
Sold
Nov 6, 2018 Listed by RE/MAX Way $430,000
Listed by RE/MAX Way
Mar 3, 2014 Sold
Premium
Sold
Dec 13, 2013 Listed by RE/MAX Way $389,900
Listed by RE/MAX Way

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 112,935
  • Total Building Area: 1,504
  • Gross Building Area: 3,002
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002593
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409101

Geography

  • Account Number: 7 & 7A
  • Parcel: NORF M:0021 B:0072 L:0011
  • Block: 72
  • Lot: 11
  • Municipality: NORFOLK
  • Latitude: 42.1131
  • Longitude: -71.3134

    Address

  • Full Address: 41 Needham St
  • Address - House Number: 41
  • Address - Street Name: Needham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R008
  • 4-Digit Zip Code: 1648
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $879,200

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 671,028
  • High Value: 772,273
  • Low Value: 569,784

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,700
  • Assessed Land Value: $262,000
  • Assessed Improvements Value: $302,700

    Sales

  • Current Sale Contract Date: Jan 03, 2019
  • Current Sale Recording Date: Jan 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2247
  • Previous Sale Recording Date: Mar 03, 2014
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
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 Norfolk

Stats & Trends

Median Asking:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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# 72420775

Frequently Asked Questions

When was property at 41 Needham Street built and last sold?
The property at 41 Needham Street was built in 1962 and last sold on Jan 3, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 41 Needham Street is $442,655.
What are some comparable homes to 41 Needham Street?
There are currently no comparable homes to 41 Needham Street.
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