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Needham 02494
6 Eliot Road
$700,000
● House - Off Market

6 Eliot Road

Needham, MA 02494
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,504 Ft²
$1,555,499
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

Just unpack & enjoy this sparkling 10 year old Colonial. It boasts open floor plan with large rooms, modern kitchen with granite counters & stainless steel appliances, gleaming hardwood floors & professionally landscaped yard. 2nd floor has 4 large bedrooms, laundry, spacious master suite with Jacuzzi & walk-in closet. As a bonus, there is an additional room in the basement that can serve as an office or play room. Quick walk to commuter train, shops & elementary school.
Unit Size
2,504 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$286
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
2001

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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 #71322323)

Price History

Date / Event Date Event Price
Mar 15, 2012 Sold
Premium
Sold
Dec 30, 2011 Listed by Louise Condon Realty $715,000
Listed by Louise Condon Realty
Sep 22, 2006 Sold
Premium
Sold
Mar 24, 2006 Listed by Louise Condon Realty $749,000
Listed by Louise Condon Realty
May 23, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 736
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,504
  • Gross Building Area: 3,240
  • Building Area: 2,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,504
  • Heating Fuel Type: 3

    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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:123.0 B:0047 L:0000.0
  • Block: 47
  • Municipality: NEEDHAM
  • Latitude: 42.2933
  • Longitude: -71.2438

    Address

  • Full Address: 6 Eliot Rd
  • Address - House Number: 6
  • Address - Street Name: Eliot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C051
  • 4-Digit Zip Code: 1017
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,198,000

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,394,443
  • High Value: 1,630,829
  • Low Value: 1,158,057

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $918,700
  • Assessed Land Value: $475,500
  • Assessed Improvements Value: $443,200

    Sales

  • Current Sale Recording Date: Mar 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Sep 22, 2006
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,627,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 71322323

Frequently Asked Questions

When was property at 6 Eliot Road built and last sold?
The property at 6 Eliot Road was built in 2001 and last sold on Jan 1, 1970 for $700,000.
How much is this home worth?
The estimated value of the home located at 6 Eliot Road is $753,633.
What are some comparable homes to 6 Eliot Road?
There are currently no comparable homes to 6 Eliot Road.
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