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Needham 02492
480 High Rock St
$755,000
● House - Off Market

480 High Rock St

Needham, MA 02492
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,817 Ft²
$1,186,957
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

This lovely ranch has been transformed with a state of the art renovation. Nicely designed, with an open floor plan, a beautiful master suite, spacious family room and  custom kitchen highlight this update.  Great finishes, spray foam insulation, hardi-board siding, new roof, new windows, new  walkways, great fenced in yard, you will have nothing to do here but relax and enjoy your new home.  Just in time for the holidays! Plus bonus finished basement with full bath and storage shed in back yard. Great neighborhood close to downtown Needham, commuter rail, restaurants, schools, shops and highway. Interior photos tomorrow. Open House this Thursday 5-7, Saturday 11-12:30, Sunday 11:30-1. Offers to be reviewed Tuesday at noon. Sellers reserve the right to accept offer prior to deadline.
Unit Size
1,817 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$418
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
1954

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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 #72228227)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Sep 13, 2017 Listed by Century 21 Commonwealth $759,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,655
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,833
  • Gross Building Area: 3,472
  • Building Area: 1,833
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,833
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: SRB

Geography

  • Parcel: NEED M:137.0 B:0003 L:0000.0
  • Block: 3
  • Municipality: NEEDHAM
  • Latitude: 42.2755
  • Longitude: -71.2499

    Address

  • Full Address: 480 High Rock St
  • Address - House Number: 480
  • Address - Street Name: High Rock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C005
  • 4-Digit Zip Code: 1554
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,133,600

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,146,930
  • High Value: 1,392,151
  • Low Value: 901,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $869,300
  • Assessed Land Value: $506,000
  • Assessed Improvements Value: $363,300

    Sales

  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1390542
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

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72228227

Frequently Asked Questions

When was property at 480 High Rock Street built and last sold?
The property at 480 High Rock Street was built in 1954 and last sold on Jan 1, 1970 for $755,000.
How much is this home worth?
The estimated value of the home located at 480 High Rock Street is $782,420.
What are some comparable homes to 480 High Rock Street?
There are currently no comparable homes to 480 High Rock Street.
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