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Needham 02492
7 Emerson Pl
Photo of 7 Emerson Pl
Sold on Jul 29, 2008

1

Map

$755,100
● House - Off Market

7 Emerson Pl

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,517 Ft²
$1,446,016
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Charming sunsplashed 1932 expanded cape in a wonderful walk to town location! New 2 story additon of well designed granite kitchen opening to a spacious fam.rm. overlooking a very private, level back yard. Second floor has 4 good size bdrms, Mstr suite w/cath.ceilngs, walk in closet and full bath. Dining RM w/ built in hutch, A front to back fp Lv Rm. and newly fin. basement playrm. New boiler,electric,plumbing & windows. Great Commuter location,close to all major routes and a 5 min walk to T!!
Unit Size
2,517 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$292
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1932

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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: 6 months ago (MLSPIN #70757495)

Price History

Date / Event Date Event Price
Jul 29, 2008 Sold
Premium
Sold
May 7, 2008 Listed $735,000
Listed
Nov 23, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,356
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,517
  • Gross Building Area: 3,873
  • Building Area: 2,517
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,517
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALGER E EATON
  • Land Acres: 0000000300
  • 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: 403300

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:044.0 B:0004 L:0000.0
  • Block: 4
  • Municipality: NEEDHAM
  • Latitude: 42.2703
  • Longitude: -71.2399

    Address

  • Full Address: 7 Emerson Pl
  • Address - House Number: 7
  • Address - Street Name: Emerson
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Needham
  • Carrier Code: C032
  • 4-Digit Zip Code: 2828
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,150,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 1,372,028
  • High Value: 1,614,028
  • Low Value: 1,130,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $881,900
  • Assessed Land Value: $534,700
  • Assessed Improvements Value: $347,200

    Sales

  • Current Sale Recording Date: Jul 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 72840
  • Previous Sale Recording Date: Nov 23, 1994
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: 27
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:

$1,612,500

Sale Price/ft²

$532

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4124 ft²

Average Home Age

40.4 years

Currently For Sale

64 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: 6 months ago
Data Source: MLS PIN, MLS# 70757495

Frequently Asked Questions

When was property at 7 Emerson Place built and last sold?
The property at 7 Emerson Place was built in 1932 and last sold on Jan 1, 1970 for $755,100.
How much is this home worth?
The estimated value of the home located at 7 Emerson Place is $772,492.
What are some comparable homes to 7 Emerson Place?
There are currently no comparable homes to 7 Emerson Place.
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