$293,750
●
Condo -
Off Market
6 Yurick Road #6
Needham, MA 02492
2 Beds
2 Baths,
1
Half Bath
1,218 Ft²
$293,750
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model
About This Property
DEADLINE TO SUBMIT APPLICATION HAS CLOSED. Process to determine
lottery winner in the works.CONDO IS NO LONGER AVAILABLE. Resale of
affordable townhouse located in the High Rock Homes Development is
being sold to a qualifying buyer.The property is subject to a deed
restriction & may be awarded via a lottery with preference for
household size. See application for further
details.APPLICATION MUST BE COMPLETED & SUBMITTED TO DEPARTMENT OF
COMMUNITY PLANNING AND COMMUNITY DEVELOPMENT, 500 DEDHAM AVE,
NEEDHAM, MA 02492 ATTENTION: KAREN SUNNABORG, HOUSING SPECIALIST NO
LATER THAN 12NOON ON FRIDAY, SEPTEMBER 1, 2023. Interested buyers
must have valid pre-approval letter & meet income requirements as
follows: 1 person income limit $82,950, 2 person income limit
$94,800, 3 person income limit $106,650 & 4 person income limit
$118,450.Household's financial assets do not exceed the maximum
allowed $75,000. Application is an attachment to this listing or by
Karen Sunnarborg @ the Town of Needham.
Unit Size
1,218 Ft²
Days on Market
-
Land Size
-
Price per sqft
$241
Property Type
Condo
Property Taxes
$245
HOA Dues
$280
Year Built
2008
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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: 3 years ago (MLSPIN #73143273)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | In contract | - | |
| In contract | |||
| Aug 1, 2023 | Listed by RE/MAX Executive Realty | $293,750 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Level: Second
Features: Bathroom - Full
Level: Second
Features: Bathroom - Half
Level: First
Level: First
Level: Second
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Laundry Features: Washer Hookup
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: High Rock Homes
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: 4740700
Water Source: Public
Financial Details
Tax Map Number: 134
Tax Assessed Value: $225,100
Tax Annual Amount: $2,935
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $280
Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
08/01/2023
|
2 Bed
|
2 Bath
|
1218 ft²
|
$293,750
2 Bed
2 Bath
1218 ft²
|
$293,750
11/20/2023
|
Geri Cagan
RE/MAX Executive Realty
|
Building Info
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