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Needham 02492
53 Rolling Lane
$1,685,000
● House - Off Market

53 Rolling Lane

Needham, MA 02492
bedrooms
4 Beds
bathrooms
6 Baths
square feet
5,289 Ft²
$2,473,808
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Well-built, four/five bedrooms, six full bathrooms, New Construction with flexible floor plan within a few minutes of Needham and Wellesley centers, shops, restaurants and commuter train. Large windows combined with two story foyer make this home bright and very welcoming. Dining room, living room, family room with fireplace and sliding doors to patio. Finished basement and third floor add to the charm and comfort of this home. Private back yard. HardiePlank siding, front porch, central heating and air conditioning and much more. Minutes to new Sunita L. Williams elementary school. Large lot abutting conservation land. The private and peaceful scenery of the backyard feels like being in the countryside.
Unit Size
5,289 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$327
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 #72509528)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
May 30, 2019 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $1,729,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
May 25, 2018 Sold
Premium
Sold
Feb 21, 2018 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $649,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • 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: 1,677
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 4,581
  • Gross Building Area: 5,820
  • Building Area: 4,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,581
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • 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: SRA

Geography

  • Parcel: NEED M:111.0 B:0023 L:0000.0
  • Block: 23
  • Municipality: NEEDHAM
  • Latitude: 42.2941
  • Longitude: -71.2536

    Address

  • Full Address: 53 Rolling Ln
  • Address - House Number: 53
  • Address - Street Name: Rolling
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Needham
  • Carrier Code: C017
  • 4-Digit Zip Code: 1322
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,308,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 2,419,550
  • High Value: 2,817,117
  • Low Value: 2,021,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,770,100
  • Assessed Land Value: $480,200
  • Assessed Improvements Value: $1,289,900

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1429252
  • Previous Sale Recording Date: May 25, 2018
  • Previous Sale Amount: $705,000
  • Previous Sale Document Type: 54
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

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4189 ft²

Average Home Age

38.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72509528

Frequently Asked Questions

When was property at 53 Rolling Lane built and last sold?
The property at 53 Rolling Lane was built in 2019 and last sold on Sep 5, 2019 for $1,685,000.
How much is this home worth?
The estimated value of the home located at 53 Rolling Lane is $1,841,620.
What are some comparable homes to 53 Rolling Lane?
There are currently no comparable homes to 53 Rolling Lane.
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