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Needham 02492
41 Shirley Road
$1,288,000
● House - Off Market

41 Shirley Road

Needham, MA 02494
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,558 Ft²
$2,298,806
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Spacious Farmhouse/Colonial built in 2010! Set on an 18,731 sq. ft. lot at the end of a cul-de-sac. Open floorplan with over 4500+ sq. ft. of living area offering 11 rooms, 6 bedrooms, 5 full baths, one half bath, and a 2 car garage.  Beautiful Gourmet Kitchen with stainless appliances, granite countertops, and dining area, open to family room with fireplace.  Formal living and dining rooms, office, and first floor in-law/Au-pair Suite.  Second floor boasts oversized master suite with walk in closet, and luxurious master bath, as well as three additional bedrooms.  Finished walk-up third floor with bedroom and full bath.  Two-car garage, central air, central vac, hardwood on first and second floors, patio, deck, and professionally landscaped level lot.  Don't miss the chance to call this fantastic property home.
Unit Size
4,558 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$291
Property Type
House
Property Taxes
$1,058
HOA Dues
-
Year Built
2010

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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 #71721846)

Price History

Date / Event Date Event Price
Jul 17, 2015 Sold
Premium
Sold
Jul 30, 2014 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,325,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Aug 13, 2010 Sold
Premium
Sold
Nov 25, 2009 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,225,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Total Rooms: 8
  • 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: 2
  • Basement Area: 2,057
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 4,574
  • Gross Building Area: 6,615
  • Building Area: 4,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,574
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:122.0 B:0007 L:0000.0
  • Block: 7
  • Municipality: NEEDHAM
  • Latitude: 42.2911
  • Longitude: -71.2465

    Address

  • Full Address: 41 Shirley Rd
  • Address - House Number: 41
  • Address - Street Name: Shirley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C051
  • 4-Digit Zip Code: 1040
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,105,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,244,035
  • High Value: 2,624,444
  • Low Value: 1,863,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,614,700
  • Assessed Land Value: $506,200
  • Assessed Improvements Value: $1,108,500

    Sales

  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68006
  • Previous Sale Recording Date: Aug 13, 2010
  • Previous Sale Amount: $1,110,000
  • 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

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 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# 71721846

Frequently Asked Questions

When was property at 41 Shirley Road built and last sold?
The property at 41 Shirley Road was built in 2010 and last sold on Jan 1, 1970 for $1,288,000.
How much is this home worth?
The estimated value of the home located at 41 Shirley Road is $1,338,250.
What are some comparable homes to 41 Shirley Road?
There are currently no comparable homes to 41 Shirley Road.
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