58 Morton Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Compass | $1,525,000 | |
| Listed by Compass | |||
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This is the one you have been waiting for... move right into 58 Morton Street and enjoy all the amenities of Needham.. This Garrison Colonial sits on an oversized 1/3 acre level lot, great for entertaining or just hanging out. Inside, a front to back chef's kitchen and informal eating area is the heart of the home allowing the cook to be close to where all the action is. Off the kitchen is the oversized mudroom with access to a great patio overlooking the backyard. A large fireplaced front to back living room, private office or play room and powder room complete the first floor. Upstairs there are 3 large bedrooms and 2 bathrooms. . The primary bathroom has a double vanity and large walk in shower. The awesome lot is over 1/3 of an acre- unusual for this part of Needham. It allows for lots of privacy while your home is located in center of it all.. close to town, train, the high school and the library.
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| Jun 22, 2006 | Sold | ||
| Sold | |||
| Mar 23, 2006 | Listed | $679,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017