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Needham 02492
47 Sterling Road
Photo of 47 Sterling Road
Sold on Aug 17, 2011

1

Map

$1,240,000
● House - Off Market

47 Sterling Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,810 Ft²
$2,592,056
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Third generation Needham builder, 80 years; presents this gorgeous home. Sited on a spectacular 1/2 acre lot on quiet circle, this equally impressive home boasts over 3800 sq ft on only two floors! From the gorgeous chef's kitchen with island cooktop, to the massive fireplaced family room; the remaining first floor is complimented by an entertainment-sized living room, dining room & private study.The 2nd floor has amazing master suite, 3more beds and 2more baths and laundry. Close to everything.
Unit Size
3,810 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$328
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2011

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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: 3 months ago (MLSPIN #71231484)

Price History

Date / Event Date Event Price
Aug 17, 2011 Sold
Premium
Sold
May 12, 2011 Listed by Century 21 Commonwealth $1,250,000
Listed by Century 21 Commonwealth
Nov 30, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,860
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,892
  • Gross Building Area: 5,752
  • Building Area: 3,892
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,892
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000500
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:001.0 B:0033 L:0000.0
  • Block: 33
  • Municipality: NEEDHAM
  • Latitude: 42.2704
  • Longitude: -71.2031

    Address

  • Full Address: 47 Sterling Rd
  • Address - House Number: 47
  • Address - Street Name: Sterling
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C013
  • 4-Digit Zip Code: 4718
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,133,700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,211,867
  • High Value: 2,554,439
  • Low Value: 1,869,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,636,300
  • Assessed Land Value: $480,400
  • Assessed Improvements Value: $1,155,900

    Sales

  • Current Sale Recording Date: Aug 17, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Nov 30, 2010
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: 27

    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:

$1,625,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4189 ft²

Average Home Age

38.3 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: 3 months ago
Data Source: MLS PIN, MLS# 71231484

Frequently Asked Questions

When was property at 47 Sterling Road built and last sold?
The property at 47 Sterling Road was built in 2011 and last sold on Jan 1, 1970 for $1,240,000.
How much is this home worth?
The estimated value of the home located at 47 Sterling Road is $1,303,766.
What are some comparable homes to 47 Sterling Road?
There are currently no comparable homes to 47 Sterling Road.
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