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Needham 02492
699 Charles River Street
$1,330,000
● House - Off Market

699 Charles River Street

Needham, MA 02492
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,361 Ft²
$2,508,599
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

STAGED and REFRESHED - MOVE RIGHT IN - This hidden treasure is set on a spectacular setting with over 2 acres minutes from Wellesley Square and Needham center. This classic Colonial features a renovated gourmet kitchen which opens to a sun filled family room. 5/6 bedrooms, 3.5 baths, den, sun-room, and gorgeous grounds with exquisite landscaping. It's a mini estate with pool and tennis court. Entertaining spaces galore. It lives inside and outside - truly a forever property.
Unit Size
4,361 Ft²
Days on Market
-
Land Size
2.24 acres
Price per sqft
$327
Property Type
House
Property Taxes
$1,278
HOA Dues
-
Year Built
1960

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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 #71709618)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Jul 7, 2014 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,425,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Apr 9, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2000
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,144
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 96,268
  • Total Building Area: 4,301
  • Gross Building Area: 5,505
  • Building Area: 4,301
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,301
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002210
  • 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: SRA

Geography

  • Parcel: NEED M:223.0 B:0033 L:0000.0
  • Block: 33
  • Municipality: NEEDHAM
  • Latitude: 42.2707
  • Longitude: -71.2881

    Address

  • Full Address: 699 Charles River St
  • Address - House Number: 699
  • Address - Street Name: Charles River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C018
  • 4-Digit Zip Code: 1006
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,952,300

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,323,391
  • High Value: 2,716,456
  • Low Value: 1,930,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,497,200
  • Assessed Land Value: $842,800
  • Assessed Improvements Value: $654,400

    Sales

  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44489
  • Previous Sale Recording Date: Apr 09, 1993
  • Previous Sale Amount: $778,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71709618

Frequently Asked Questions

When was property at 699 Charles River Street built and last sold?
The property at 699 Charles River Street was built in 1960 and last sold on Jan 1, 1970 for $1,330,000.
How much is this home worth?
The estimated value of the home located at 699 Charles River Street is $1,432,653.
What are some comparable homes to 699 Charles River Street?
There are currently no comparable homes to 699 Charles River Street.
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