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Needham 02492
415 South Street
$1,778,000
● House - Off Market

415 South Street

Needham, MA 02492
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
5,932 Ft²
$3,412,429
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

PRIVATE COUNTRY LIVING IN NEEDHAM! Gorgeous fully renovated Dutch Colonial on 1.73 very private acres in estate neighborhood. Huge addition in 2000 and many enhancements in 2005. Great home for family and entertaining. Private separate Au Pair/guest suite. Large gourmet kitchen, LL exercise studio, game room, wine cellar. Enclosed porch overlooks large private fenced yard w/sports court, kids play area, blue stone patio. Room for pool, tennis, 3rd garage bay and more! Just minutes to 128/95.
Unit Size
5,932 Ft²
Days on Market
-
Land Size
1.73 acres
Price per sqft
$303
Property Type
House
Property Taxes
$1,598
HOA Dues
-
Year Built
1923

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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 #71520926)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
May 6, 2013 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,799,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Dec 1, 2004 Sold
Premium
Sold
Oct 13, 2004 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,995,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 2000
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,409
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 75,359
  • Total Building Area: 5,932
  • Gross Building Area: 8,341
  • Building Area: 5,932
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,932
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STETSON VILLAGE 03
  • Land Acres: 0000001730
  • 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: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:202.0 B:0005 L:0000.0
  • Block: 5
  • Municipality: NEEDHAM
  • Latitude: 42.2683
  • Longitude: -71.2237

    Address

  • Full Address: 415 South St
  • Address - House Number: 415
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C023
  • 4-Digit Zip Code: 2761
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,710,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 3,028,215
  • High Value: 3,540,520
  • Low Value: 2,515,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,078,800
  • Assessed Land Value: $744,100
  • Assessed Improvements Value: $1,334,700

    Sales

  • Current Sale Recording Date: Sep 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 01, 2004
  • Previous Sale Amount: $1,850,000
  • Previous Sale Document Type: 48

    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:

$1,629,000

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71520926

Frequently Asked Questions

When was property at 415 South Street built and last sold?
The property at 415 South Street was built in 1923 and last sold on Jan 1, 1970 for $1,778,000.
How much is this home worth?
The estimated value of the home located at 415 South Street is $1,821,901.
What are some comparable homes to 415 South Street?
There are currently no comparable homes to 415 South Street.
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