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Needham 02492
54 Douglas Rd
$995,000
● House - Off Market

54 Douglas Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,635 Ft²
$1,514,719
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful Garrison Colonial With Charming Farmers Porch on Quiet Broadmeadow Street Welcomes You! First Floor Includes Large Living Room With Wood Burning Fireplace and Built-Ins, Well-Appointed Dining Room with Original Corner China Cabinet, Bright Kitchen with Eat-in Area, Half Bath and Spacious Family Room with Exposed Brick Fireplace which leads to Patio and Partial Fenced Back Yard. Moving Upstairs The Master Suite Consists of Large Master Bedroom with Renovated Bathroom, Three Closets, Office Nook and Laundry. The Second Floor is Completed by Three Additional Well-Sized Bedrooms and Family Bathroom. The Basement is Partial Finished with Great ManCave or Playroom Space with Plenty of Storage and This Home is Completed By an Attached Two-Car Garage. Open House Saturday and Sunday 1-3pm.
Unit Size
2,635 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$360
Property Type
House
Property Taxes
$785
HOA Dues
-
Year Built
1948

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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 #72128812)

Price History

Date / Event Date Event Price
Apr 24, 2017 Sold
Premium
Sold
Mar 6, 2017 Listed by Hawthorn Properties $949,000
Listed by Hawthorn Properties
Jun 29, 2009 Sold
Premium
Sold
Jun 26, 2008 Listed by Hawthorn Properties $750,000
Listed by Hawthorn Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2006
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,094
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,635
  • Gross Building Area: 3,729
  • Building Area: 2,635
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,635
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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:006.0 B:0039 L:0000.0
  • Block: 39
  • Municipality: NEEDHAM
  • Latitude: 42.2743
  • Longitude: -71.2099

    Address

  • Full Address: 54 Douglas Rd
  • Address - House Number: 54
  • Address - Street Name: Douglas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 4504
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,332,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,493,657
  • High Value: 1,746,349
  • Low Value: 1,240,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,022,100
  • Assessed Land Value: $565,700
  • Assessed Improvements Value: $456,400

    Sales

  • Current Sale Contract Date: Apr 11, 2017
  • Current Sale Recording Date: Apr 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1376802
  • Previous Sale Recording Date: Jun 29, 2009
  • Previous Sale Amount: $725,000
  • Previous 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:

$1,629,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72128812

Frequently Asked Questions

When was property at 54 Douglas Road built and last sold?
The property at 54 Douglas Road was built in 1948 and last sold on Apr 11, 2017 for $995,000.
How much is this home worth?
The estimated value of the home located at 54 Douglas Road is $976,692.
What are some comparable homes to 54 Douglas Road?
There are currently no comparable homes to 54 Douglas Road.
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