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Needham 02494
7 Shirley Rd
$1,107,848
● House - Off Market

7 Shirley Rd

Needham, MA 02494
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,000 Ft²
$2,406,199
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

Spectacular New Colonial featuring over 4000/sf of living space on a 1/4 acre lot is ready for you. One of 9 beautifully designed homes situated on a peaceful cul-de-sac. This 4 bedroom 3.5 bath home is rich in custom detailing with hardwood throughout the 1st and 2nd floors, a large gourmet kitchen with breakfast nook, and a 1st floor study/bedroom with a full bath. Georgous great room opens to a lovely patio and deck. Finished 3rd floor with full bath,finished basement
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$288
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

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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 years ago (MLSPIN #70950967)

Price History

Date / Event Date Event Price
Dec 18, 2009 Sold
Premium
Sold
Jul 22, 2009 Listed by Coldwell Banker Realty - Needham $1,150,000
Listed by Coldwell Banker Realty - Needham

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2012
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,834
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,967
  • Gross Building Area: 5,785
  • Building Area: 3,967
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,967
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:122.0 B:0011 L:0000.0
  • Block: 11
  • Municipality: NEEDHAM
  • Latitude: 42.2924
  • Longitude: -71.2461

    Address

  • Full Address: 7 Shirley Rd
  • Address - House Number: 7
  • Address - Street Name: Shirley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C051
  • 4-Digit Zip Code: 1040
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,964,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,081,009
  • High Value: 2,403,314
  • Low Value: 1,758,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,506,200
  • Assessed Land Value: $491,900
  • Assessed Improvements Value: $1,014,300

    Sales

  • Current Sale Recording Date: Dec 18, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 138793
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:

$1,629,000

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70950967

Frequently Asked Questions

When was property at 7 Shirley Road built and last sold?
The property at 7 Shirley Road was built in 2009 and last sold on Jan 1, 1970 for $1,097,156.
How much is this home worth?
The estimated value of the home located at 7 Shirley Road is $0.
What are some comparable homes to 7 Shirley Road?
There are currently no comparable homes to 7 Shirley Road.
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