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Needham 02492
60 Oak Street
$1,033,000
● House - Off Market

60 Oak Street

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,761 Ft²
$5,497
Est. Monthly

About This Property

The welcoming covered porch invites you into the center entrance of this classic Needham colonial in an exceptional in-town location. Inside you will find a bright and updated kitchen with island seating, gas cooking and a sink that overlooks the private, fenced-in backyard. Great flow throughout the living room, dining room, and sun-filled bonus space that can be used as an office or playroom with direct access to the back deck. A half bath and mudroom perfectly complete this floor. Upstairs are three well-appointed bedrooms and an immaculate, updated full bath with double vanity. Hardwoods throughout the home, two-car garage and new patio for entertaining! All within a few blocks to Needham town center, the commuter rail, schools and so much more! Open house Thursday (10/19) 4pm - 5pm, Sat/Sun 12pm to 1:30 pm.
Unit Size
1,761 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$539
Property Type
House
Property Taxes
$837
HOA Dues
-
Year Built
1915

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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: 4 months ago (MLSPIN #73171467)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
Oct 24, 2023 In contract -
In contract
Oct 18, 2023 Listed by Hawthorn Properties $949,000
Listed by Hawthorn Properties
Jun 30, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by Hawthorn Properties $710,000
Listed by Hawthorn Properties
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 2004
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 717
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,761
  • Gross Building Area: 2,445
  • Building Area: 1,761
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,761
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VERNDALE PLACE
  • Land Acres: 0000000160
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:132.0 B:0032 L:0000.0
  • Block: 32
  • Municipality: NEEDHAM
  • Latitude: 42.277
  • Longitude: -71.2403

    Address

  • Full Address: 60 Oak St
  • Address - House Number: 60
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C016
  • 4-Digit Zip Code: 2133
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,004,600

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 973,511
  • High Value: 1,042,254
  • Low Value: 904,768

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770,400
  • Assessed Land Value: $427,800
  • Assessed Improvements Value: $342,600

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82320
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Amount: $740,000
  • 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: 4 months ago
Data Source: MLS PIN, MLS# 73171467

Frequently Asked Questions

When was property at 60 Oak Street built and last sold?
The property at 60 Oak Street was built in 1915 and last sold on Jan 13, 2023 for $1,033,000.
How much is this home worth?
The estimated value of the home located at 60 Oak Street is $951,133.
What are some comparable homes to 60 Oak Street?
There are currently no comparable homes to 60 Oak Street.
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