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Needham 02494
49 Lynn Road
Photo of 49 Lynn Road
Sold on May 27, 2004

1

Map

$1,093,650
● House - Off Market

49 Lynn Road

Needham, MA 02494
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,226 Ft²
$2,079,636
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

Sun filled,spacious colonial.Thoughtfully designed 1st level provides atmosphere of togetherness.Kitchen opens to step down family room w/fireplace,access to 13x18 screened porch w/skylites.Kitchen w/center island;separate eating area, desk, access to mud area & half bath.Heated florida room is a wonderful retreat, providing addl source of light & space off dining room.Spectacular lower level adds 1120sf to living area w/den,office,wine closet,au'pair suite w/kitchenette,full bath w/heated floor
Unit Size
3,226 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$339
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
1991

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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 #70008856)

Price History

Date / Event Date Event Price
May 27, 2004 Sold
Premium
Sold
Mar 20, 2004 Listed $1,095,000
Listed
Mar 3, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,440
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 3,423
  • Gross Building Area: 4,862
  • Building Area: 3,423
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,423
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000230
  • 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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:093.0 B:0012 L:0015.0
  • Block: 12
  • Lot: 15.0
  • Municipality: NEEDHAM
  • Latitude: 42.3029
  • Longitude: -71.2364

    Address

  • Full Address: 49 Lynn Rd
  • Address - House Number: 49
  • Address - Street Name: Lynn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1755
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,738,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,932,400
  • High Value: 2,231,689
  • Low Value: 1,633,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,333,000
  • Assessed Land Value: $511,500
  • Assessed Improvements Value: $821,500

    Sales

  • Current Sale Recording Date: May 27, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 03, 1993
  • Previous Sale Amount: $413,000
  • 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

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# 70008856

Frequently Asked Questions

When was property at 49 Lynn Road built and last sold?
The property at 49 Lynn Road was built in 1991 and last sold on Jan 1, 1970 for $1,093,650.
How much is this home worth?
The estimated value of the home located at 49 Lynn Road is $1,140,304.
What are some comparable homes to 49 Lynn Road?
There are currently no comparable homes to 49 Lynn Road.
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