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Needham 02492
62 Brookline St
$725,000
● House - Off Market

62 Brookline St

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,912 Ft²
$1,284,510
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Short walk to Mitchell school. Lots of updates including New attached garage, New driveway, New lawn, New custom brick walkway, Kitchen with Granite Counters, Stainless Steel Appliances, New HVAC unit with Lenox compressor, gleaming hardwood flooring, custom bookshelves in basement, Hunter-Douglas blinds, 2 beautifully Remodeled Bathrooms with Radiant Heated Floors, New carpeting AND FLOORING upstairs, Family Room addition with Cathedral Ceiling, ceiling fan AND MOTORIZED SKYLIGHTS, Replacement Windows, 2 wood-burning fireplaces, Large Fenced-In back yard (SWINGSET AND SHED AVAIL), 2 minute drive to Rte. 128 or Commuter Rail.
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$392
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1954

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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 #71947227)

Price History

Date / Event Date Event Price
Mar 30, 2016 Sold
Premium
Sold
Jan 10, 2016 Listed by Coldwell Banker Residential Brokerage - Brookline $749,000
Listed by Coldwell Banker Residential Brokerage - Brookline
Apr 16, 2013 Sold
Premium
Sold
Jan 9, 2013 Listed by Coldwell Banker Residential Brokerage - Brookline $669,900
Listed by Coldwell Banker Residential Brokerage - Brookline
Jun 4, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,974
  • Gross Building Area: 2,776
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000240
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:028.0 B:0022 L:0000.0
  • Block: 22
  • Municipality: NEEDHAM
  • Latitude: 42.289
  • Longitude: -71.2166

    Address

  • Full Address: 62 Brookline St
  • Address - House Number: 62
  • Address - Street Name: Brookline
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C019
  • 4-Digit Zip Code: 4013
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,137,100

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,219,490
  • High Value: 1,425,800
  • Low Value: 1,013,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $872,000
  • Assessed Land Value: $589,800
  • Assessed Improvements Value: $282,200

    Sales

  • Current Sale Recording Date: Mar 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27746
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Amount: $649,200
  • Previous Sale Document Type: O

    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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71947227

Frequently Asked Questions

When was property at 62 Brookline Street built and last sold?
The property at 62 Brookline Street was built in 1954 and last sold on Jan 1, 1970 for $725,000.
How much is this home worth?
The estimated value of the home located at 62 Brookline Street is $764,474.
What are some comparable homes to 62 Brookline Street?
There are currently no comparable homes to 62 Brookline Street.
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