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Needham 02492
72 Woodlawn Avenue
$1,200,000
● House - Off Market

72 Woodlawn Avenue

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,891 Ft²
$1,383,426
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

Expanded custom cape with four bedrooms and two and a half bathrooms. You can't beat this location; close to schools, shops and train stations, and the downtown area. This quality home has a front-to-back living room with a fireplace, a formal dining room which opens on to a step-down family room, in addition to a den off the kitchen. The second floor has a master bedroom with a bath and three other good size bedrooms. A deep mellow stain on the beautiful hardwood floors throughout the home give it a rich look. The yard is over 12,000 square feet with two sheds for storage or a playhouse, and mature hedges provide abundant privacy. Beautifully maintained, and ready for a few decor updates. No showing until Saturday 12/12.
Unit Size
1,891 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$582
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
1938

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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 years ago (MLSPIN #72766175)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Dec 10, 2020 Listed by Hawthorn Properties $1,100,000
Listed by Hawthorn Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2021
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 792
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,489
  • Gross Building Area: 2,683
  • Building Area: 3,489
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,489
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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:048.0 B:0060 L:0000.0
  • Block: 60
  • Municipality: NEEDHAM
  • Latitude: 42.2808
  • Longitude: -71.2256

    Address

  • Full Address: 72 Woodlawn Ave
  • Address - House Number: 72
  • Address - Street Name: Woodlawn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3432
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,117,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,996,097
  • High Value: 2,333,791
  • Low Value: 1,658,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,623,600
  • Assessed Land Value: $649,000
  • Assessed Improvements Value: $974,600

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1467568
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:

$1,600,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4359 ft²

Average Home Age

36.6 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72766175

Frequently Asked Questions

When was property at 72 Woodlawn Avenue built and last sold?
The property at 72 Woodlawn Avenue was built in 1938 and last sold on Dec 29, 2020 for $1,170,732.
How much is this home worth?
The estimated value of the home located at 72 Woodlawn Avenue is $0.
What are some comparable homes to 72 Woodlawn Avenue?
There are currently no comparable homes to 72 Woodlawn Avenue.
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