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Needham 02492
46 May Street
$505,000
● House - Off Market

46 May Street

Needham, MA 02492
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,671 Ft²
$1,180,418
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Brimming w/warmth & character, this inviting 4-bedroom Dutch Colonial was built to last, circa 1910. Your TLC & updating will go a long way here because this special property combines abundant period detailing w/excellent space & flow. Amenities include maple wood floors, large dining room & extra large country kitchen. There are 4 BRs on the 2nd floor. Located on convenient street in a neighborhood with many larger homes. Walk to town & commuter station.
Unit Size
1,671 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$344
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1910

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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 #70900299)

Price History

Date / Event Date Event Price
Apr 1, 2010 Sold
Premium
Sold
Apr 8, 2009 Listed by Louise Condon Realty $575,000
Listed by Louise Condon Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 2016
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,531
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,648
  • Gross Building Area: 5,179
  • Building Area: 3,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,648
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKLAND HEIGHTS
  • Land Acres: 0000000200
  • 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:050.0 B:0058 L:0000.0
  • Block: 58
  • Municipality: NEEDHAM
  • Latitude: 42.2827
  • Longitude: -71.232

    Address

  • Full Address: 46 May St
  • Address - House Number: 46
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C006
  • 4-Digit Zip Code: 3110
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,686,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,641,865
  • High Value: 1,917,368
  • Low Value: 1,366,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,293,500
  • Assessed Land Value: $571,500
  • Assessed Improvements Value: $722,000

    Sales

  • Current Sale Recording Date: Nov 13, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 101175
  • Previous Sale Recording Date: Apr 01, 2010
  • Previous Sale Amount: $505,000
  • 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# 70900299

Frequently Asked Questions

When was property at 46 May Street built and last sold?
The property at 46 May Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 46 May Street is $592,296.
What are some comparable homes to 46 May Street?
There are currently no comparable homes to 46 May Street.
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