$350,000
●
Condo -
Off Market
6 Denmark Lane #6
Needham, MA 02492
2 Beds
2 Baths,
1
Half Bath
1,388 Ft²
$758,229
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model
About This Property
Townhouse is located as you enter the complex. Walk to everything
in downtown Needham. Master suite with private bath. Neutral paint
throughout and newer carpet. Fireplaced llivingroom with slider to
a deck and private patio. Laundry on the second floor and washer
dryer included. Great space in the basement for a home office or
exercise room. Owner can close quickly.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
-
Price per sqft
$277
Property Type
Condo
Property Taxes
$340
HOA Dues
$425
Year Built
1981
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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: 5 months ago (MLSPIN #70753500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2008 | Sold | ||
| Sold | |||
| May 1, 2008 | Listed by Louise Condon Realty | $385,000 | |
| Listed by Louise Condon Realty | |||
| | |||
|
Townhouse is located as you enter the complex. Walk to everything in downtown Needham. Master suite with private bath. Neutral paint throughout and newer carpet. Fireplaced llivingroom with slider to a deck and private patio. Laundry on the second floor and washer dryer included. Great space in the basement for a home office or exercise room. Owner can close quickly.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Off Street
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1388
Year Built Source: Public Records
Year Built: 1981
Building Name: Denmark Lane
Building Area Total: 1388
Building Area Units: Square Feet
Window Features: Storm Window(s)
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 132
Tax Assessed Value: $420,600
Tax Annual Amount: $4,080
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $425
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2008
|
2 Bed
|
3 Bath
|
1388 ft²
|
$385,000
2 Bed
3 Bath
1388 ft²
|
$350,000
-9.09%
06/06/2008
|
Edie Garrison
Louise Condon Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017