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Needham 02492
51 Morningside
$795,000
● House - Off Market

51 Morningside

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,786 Ft²
$1,138,812
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELED.  Beautiful colonial in desirable Broadmeadow school district offers stylish and sophisticated interior design. Sun room includes fireplace and overlooks nice level back yard. Fabulously kitchen with quartz counters and built in eating area with access to a large western facing deck overlooking level private yard. The dining room provides a nice entertaining space to host holidays with friends and family. Just off the dining room is a living room and another fireplace. Three additional bedrooms are on the second floor with one full bath. The master has two walk in closets, one that could be a new future master bath.  The lower level has an additional family room to complete  property with lots of old world details.
Unit Size
1,786 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$447
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1948

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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 #72487803)

Price History

Date / Event Date Event Price
Jul 3, 2019 Sold
Premium
Sold
Apr 24, 2019 Listed by Keller Williams Realty $799,000
Listed by Keller Williams Realty
Dec 4, 1995 Sold
Premium
Sold
Jun 24, 1995 Listed by Keller Williams Realty $269,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 880
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,570
  • Gross Building Area: 2,450
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • 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:024.0 B:0060 L:0000.0
  • Block: 60
  • Municipality: NEEDHAM
  • Latitude: 42.2828
  • Longitude: -71.2164

    Address

  • Full Address: 51 Morningside Rd
  • Address - House Number: 51
  • Address - Street Name: Morningside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C031
  • 4-Digit Zip Code: 3920
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,095,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,143,105
  • High Value: 1,336,492
  • Low Value: 949,717

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $839,700
  • Assessed Land Value: $574,800
  • Assessed Improvements Value: $264,900

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jul 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55427
  • Previous Sale Recording Date: Dec 04, 1995
  • Previous Sale Amount: $250,000
  • 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

3984 ft²

Average Home Age

38.7 years

Currently For Sale

69 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# 72487803

Frequently Asked Questions

When was property at 51 Morningside Road built and last sold?
The property at 51 Morningside Road was built in 1948 and last sold on Jun 13, 2019 for $795,000.
How much is this home worth?
The estimated value of the home located at 51 Morningside Road is $818,331.
What are some comparable homes to 51 Morningside Road?
There are currently no comparable homes to 51 Morningside Road.
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