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Needham 02492
516 High Rock St
$1,030,000
● House - Off Market

516 High Rock St

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,209 Ft²
$2,278,943
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

Don't miss this wonderful, young 5/6 bedroom colonial with a gorgeous level backyard, oversized master suite w/WI closet/dressing room and sitting room, extra computer nook on 2nd floor, large finished LL pefect for playroom or home gym, 3rd floor includes a full bath and bedroom plus additional bonus room!  Home is in move-in condition and has every amenity.  CLose to train and town and elementary school...the ideal home!
Unit Size
4,209 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$261
Property Type
House
Property Taxes
$925
HOA Dues
-
Year Built
2004

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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 #70926432)

Price History

Date / Event Date Event Price
Jul 1, 2009 Sold
Premium
Sold
May 30, 2009 Listed by Prime Realty Group $1,100,000
Listed by Prime Realty Group
Jul 1, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,708
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 4,235
  • Gross Building Area: 5,943
  • Building Area: 4,235
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,235
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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:141.0 B:0056 L:0000.0
  • Block: 56
  • Municipality: NEEDHAM
  • Latitude: 42.2765
  • Longitude: -71.2504

    Address

  • Full Address: 516 High Rock St
  • Address - House Number: 516
  • Address - Street Name: High Rock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C028
  • 4-Digit Zip Code: 1621
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,883,600

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,090,341
  • High Value: 2,407,102
  • Low Value: 1,773,579

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,444,500
  • Assessed Land Value: $412,000
  • Assessed Improvements Value: $1,032,500

    Sales

  • Current Sale Recording Date: Jul 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 73950
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Amount: $1,251,000
  • 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 years ago
Data Source: MLS PIN, MLS# 70926432

Frequently Asked Questions

When was property at 516 High Rock Street built and last sold?
The property at 516 High Rock Street was built in 2004 and last sold on Jan 1, 1970 for $1,030,000.
How much is this home worth?
The estimated value of the home located at 516 High Rock Street is $0.
What are some comparable homes to 516 High Rock Street?
There are currently no comparable homes to 516 High Rock Street.
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