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Needham 02492
57 Emerson Road
Photo of 57 Emerson Road

1

Map

$625,000
● House - Off Market

57 Emerson Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$3,563
Est. Monthly

About This Property

Wonderful Cape/Colonial on side street location near town and train.The hardwood floors, built ins and natural woodwork are all illustrative of the home's character and charm. There are 3 spacious bedrooms and a bonus room on the second floor. The first floor has a formal dining room, eat in kitchen, fireplaced living room and an office. There's a terrific familyroom with built in cabinets and wall to wall carpeting in the basement. The home is well planned and has a spacious feel. Move right in
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$407
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1929

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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: 3 months ago (MLSPIN #71215781)

Price History

Date / Event Date Event Price
Aug 30, 2018 Sold
Premium
Sold
Jul 25, 2018 Listed by Coldwell Banker Residential Brokerage - Needham $799,000
Listed by Coldwell Banker Residential Brokerage - Needham
Jul 2, 2012 Sold
Premium
Sold
Feb 7, 2012 Listed by Coldwell Banker Residential Brokerage - Needham $589,000
Listed by Coldwell Banker Residential Brokerage - Needham
Apr 13, 2011 Listed by Coldwell Banker Residential Brokerage - Needham $625,000
Listed by Coldwell Banker Residential Brokerage - Needham
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1998
  • 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: 4
  • 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: 744
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,536
  • Gross Building Area: 2,280
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 403300

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:044.0 B:0052 L:0000.0
  • Block: 52
  • Municipality: NEEDHAM
  • Latitude: 42.2689
  • Longitude: -71.2397

    Address

  • Full Address: 57 Emerson Rd
  • Address - House Number: 57
  • Address - Street Name: Emerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C032
  • 4-Digit Zip Code: 2867
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,020,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,105,298
  • High Value: 1,292,289
  • Low Value: 918,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $782,800
  • Assessed Land Value: $512,300
  • Assessed Improvements Value: $270,500

    Sales

  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77606
  • Previous Sale Recording Date: Jul 02, 2012
  • Previous Sale Amount: $579,000
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71215781

Frequently Asked Questions

When was property at 57 Emerson Road built and last sold?
The property at 57 Emerson Road was built in 1929 and last sold on Jan 1, 1970 for $817,000.
How much is this home worth?
The estimated value of the home located at 57 Emerson Road is $815,471.
What are some comparable homes to 57 Emerson Road?
There are currently no comparable homes to 57 Emerson Road.
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