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Needham 02492
72 Douglas Rd
$2,129,000
● House - Off Market

72 Douglas Rd

Needham, MA 02492
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,585 Ft²
$2,414,653
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Professionally staged and ready to move in for the holidays, see this new construction in the coveted Birds Hill neighborhood. Close to schools, parks, town, hersey train station, and rt 95 and nestled away on a quiet neighborhood side street. The stunning chef's kitchen and walk-in pantry with dry bar are thoughtfully designed and perfectly executed, practical and elegant. Gorgeous patio and stone wall in the back and grassy side-yard are perfect for entertaining and play.Open house Saturday and Sunday Nov 13-14 from 11am-1pm, any/all offers will be reviewed on Tuesday 11/16 by 5pm.
Unit Size
4,585 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$480
Property Type
House
Property Taxes
$765
HOA Dues
-
Year Built
2021

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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: 5 months ago (MLSPIN #72892607)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Sep 9, 2021 Listed by Tower Hill Real Estate $2,200,000
Listed by Tower Hill Real Estate
Feb 16, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 3
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 7
  • Basement Area: 594
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,394
  • Gross Building Area: 2,045
  • Building Area: 3,394
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,394
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:006.0 B:0042 L:0000.0
  • Block: 42
  • Municipality: NEEDHAM
  • Latitude: 42.2749
  • Longitude: -71.2095

    Address

  • Full Address: 72 Douglas Rd
  • Address - House Number: 72
  • Address - Street Name: Douglas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 4504
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,690,500

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,488,138
  • High Value: 2,915,525
  • Low Value: 2,060,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,063,300
  • Assessed Land Value: $565,700
  • Assessed Improvements Value: $1,497,600

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1496258
  • Previous Sale Recording Date: Feb 16, 2021
  • Previous Sale Contract Date: Feb 10, 2021
  • Previous Sale Amount: $854,000
  • Previous Sale Document Type: O
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

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4264 ft²

Average Home Age

37.7 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: 5 months ago
Data Source: MLS PIN, MLS# 72892607

Frequently Asked Questions

When was property at 72 Douglas Road built and last sold?
The property at 72 Douglas Road was built in 2021 and last sold on Jan 14, 2022 for $2,129,000.
How much is this home worth?
The estimated value of the home located at 72 Douglas Road is $2,220,173.
What are some comparable homes to 72 Douglas Road?
There are currently no comparable homes to 72 Douglas Road.
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