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Needham 02494
50 Lynn Road
Photo of 50 Lynn Road
Sold on Aug 27, 2009

1

Map

$1,145,000
● House - Off Market

50 Lynn Road

Needham, MA 02494
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,800 Ft²
$2,365,843
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Just move into this recently expanded and tastefully renovated 3,800 sq ft colonial. Elegant formal step down living room with 6 sided turret, dining room with french doors, gourmet kitchen with double oven, sub zero, separate eating area, fabulous first floor 17 x 33 family room with built-ins, master suite with office/exercise area. Crown moldings and custom window treatments throughout. Additional 1,000 sq ft finished lower level with 2 play rooms, au-pair and full bath.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$303
Property Type
House
Property Taxes
$778
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70925411)

Price History

Date / Event Date Event Price
Aug 27, 2009 Sold
Premium
Sold
May 28, 2009 Listed $1,150,000
Listed
Mar 16, 1999 Sold
Premium
Sold
Oct 21, 1998 Listed $619,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2000
  • Total Rooms: 8
  • 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: 1,574
  • 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: 3,662
  • Gross Building Area: 5,180
  • Building Area: 3,662
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,662
  • 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:0026.0
  • Block: 12
  • Lot: 26.0
  • Municipality: NEEDHAM
  • Latitude: 42.3028
  • Longitude: -71.2369

    Address

  • Full Address: 50 Lynn Rd
  • Address - House Number: 50
  • Address - Street Name: Lynn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1754
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,512,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,776,215
  • High Value: 2,051,314
  • Low Value: 1,501,117

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,160,100
  • Assessed Land Value: $511,500
  • Assessed Improvements Value: $648,600

    Sales

  • Current Sale Recording Date: Aug 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 97588
  • Previous Sale Recording Date: Mar 16, 1999
  • Previous Sale Amount: $585,000
  • 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# 70925411

Frequently Asked Questions

When was property at 50 Lynn Road built and last sold?
The property at 50 Lynn Road was built in 1985 and last sold on Jan 1, 1970 for $1,145,000.
How much is this home worth?
The estimated value of the home located at 50 Lynn Road is $1,190,974.
What are some comparable homes to 50 Lynn Road?
There are currently no comparable homes to 50 Lynn Road.
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