$2,275,000
●
House -
Off Market
62 Sachem Road
Needham, MA 02494
5 Beds
4 Baths,
1
Half Bath
4,637 Ft²
$2,082,476
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model
About This Property
Construction complete on this 5BR, 4.5BA modern farmhouse colonial.
First floor features contemporary open floor plan, kitchen w/
coffered ceiling, oversize island, Thermador appliances,
fire-placed family room w/ cathedral ceiling, pantry & mudroom w/
custom built-ins, office & guest bedroom w/ full bath. Second floor
features primary bedroom suite w/ gas fireplace, luxurious bathroom
w/ radiant heat, double rain heads, soaking tub, and oversize
walk-in closet, as well as 3 add'l bedrooms and oversize laundry
room. Finished basement offers flexible floor plan w/ 2 add'l rooms
and full bath, perfect for au-pair suite, home office, playroom or
gym. Other amenities include hardwood throughout, beautiful
farmer's porch. Commuters dream location on quiet side street right
off 95/128 as well as minutes to Needham Heights and Hersey
commuter rail stop. Move-in ready! First showings at Open House Sat
& Sun 2/5-6, 1-3pm. Offers due Tues Feb 8, 12pm. Please make offers
good thru 10am on Wed 2/9
Unit Size
4,637 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$420
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #72939250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Feb 3, 2022 | Listed by Redfin Corp. | $1,949,000 | |
| Listed by Redfin Corp. | |||
| | |||
|
Construction complete on this 5BR, 4.5BA modern farmhouse colonial. First floor features contemporary open floor plan, kitchen w/ coffered ceiling, oversize island, Thermador appliances, fire-placed family room w/ cathedral ceiling, pantry & mudroom w/ custom built-ins, office & guest bedroom w/ full bath. Second floor features primary bedroom suite w/ gas fireplace, luxurious bathroom w/ radiant heat, double rain heads, soaking tub, and oversize walk-in closet, as well as 3 add'l bedrooms and oversize laundry room. Finished basement offers flexible floor plan w/ 2 add’l rooms and full bath, perfect for au-pair suite, home office, playroom or gym. Other amenities include hardwood throughout, beautiful farmer’s porch. Commuters dream location on quiet side street right off 95/128 as well as minutes to Needham Heights and Hersey commuter rail stop. Move-in ready! First showings at Open House Sat & Sun 2/5-6, 1-3pm. Offers due Tues Feb 8, 12pm. Please make offers good thru 10am on Wed 2/9
| |||
| Apr 15, 2021 | No longer available | - | |
| No longer available | |||
| Mar 25, 2021 | Listed by Artemis Realty | $1,785,000 | |
| Listed by Artemis Realty | |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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