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Needham 02492
51 Clarke Circle
$1,245,000
● House - Off Market

51 Clarke Circle

Needham, MA 02492
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,200 Ft²
$3,030,767
RealtyHop Estimate
152.56%
Since Jul 1, 2001
MA-Boston
Primary Model

About This Property

TO BE BUILT STILL TIME TO MAKE CUSTOM CHANGES LAST LOT IN ONE OF NEEDHAMS MOST SOUGHT AFTER NEIGHBORHOODS PLANS AND SPECIFICATIONS AVAILABLE AT THE OFFICE         S
Unit Size
4,200 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 years ago (MLSPIN #30449890)

Price History

Date / Event Date Event Price
Jun 18, 2001 Sold
Premium
Sold
Sep 30, 2000 Listed $1,200,000
Listed

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,054
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 4,529
  • Gross Building Area: 6,577
  • Building Area: 4,529
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,529
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:113.0 B:0006 L:0000.0
  • Block: 6
  • Municipality: NEEDHAM
  • Latitude: 42.2974
  • Longitude: -71.2553

    Address

  • Full Address: 51 Clarke Cir
  • Address - House Number: 51
  • Address - Street Name: Clarke
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Needham
  • Carrier Code: C017
  • 4-Digit Zip Code: 1306
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,599,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,674,149
  • High Value: 3,088,319
  • Low Value: 2,259,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,993,100
  • Assessed Land Value: $621,900
  • Assessed Improvements Value: $1,371,200

    Sales

  • Current Sale Recording Date: Jun 18, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30449890

Frequently Asked Questions

When was property at 51 Clarke Circle built and last sold?
The property at 51 Clarke Circle was built in 2001 and last sold on Jan 1, 1970 for $1,245,000.
How much is this home worth?
The estimated value of the home located at 51 Clarke Circle is $1,216,392.
What are some comparable homes to 51 Clarke Circle?
There are currently no comparable homes to 51 Clarke Circle.
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