$665,000
●
Condo -
Off Market
7 Highland Ct #7
Needham, MA 02492
2 Beds
2 Baths
1,255 Ft²
$858,321
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model
About This Property
Opportunity knocks! Seldom offered first floor unit in the
Highlands! Spacious living room with fireplace and built in
bookshelves. French doors lead to the covered deck. Beautiful
white shaker style kitchen with granite counters and large dining
area with built in storage. Dining Room with built in
storage/window seat. King size master bedroom with 2 double
closets and bath. Second bedroom has double closet and is
next to the hall bath. Full size washer and dryer in the
unit. Large storage area in the basement. Washer, dryer
and refrigerator are staying. Fantastic downtown Needham
location - just steps to the commuter rail, restaurants, shops,
Town Hall and the town common! Open House Saturday and Sunday
1-3.
Unit Size
1,255 Ft²
Days on Market
-
Land Size
-
Price per sqft
$478
Property Type
Condo
Property Taxes
$574
HOA Dues
$508
Year Built
-
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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: 5 months ago (MLSPIN #72543834)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by Coldwell Banker Residential Brokerage - Needham | $599,900 | |
| Listed by Coldwell Banker Residential Brokerage - Needham | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1255
Year Built Source: Public Records
Year Built: 1983
Building Area Total: 1255
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Covered
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $555,700
Tax Annual Amount: $6,885
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance, Reserve Funds
HOA Fee: $508
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/01/2019
|
2 Bed
|
2 Bath
|
1255 ft²
|
$599,900
2 Bed
2 Bath
1255 ft²
|
$665,000
+10.85%
09/13/2019
|
Leigh Doukas
Coldwell Banker Realty - Needham
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017