$1,295,000
●
House -
Off Market
754 Chestnut Street
Needham, MA 02492
5 Beds
4 Baths,
2
Half Baths
4,339 Ft²
$2,374,807
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model
About This Property
This is not your average expanded cape. Marvelous home situated on
one acre of pristine land with perennial gardens. 754
Chestnut has charm, space and room to grow. Fabulous master
bedroom suite with private office, wetbar and amazing bath. Au pair
or in law suite with separate entrance. All the baths have
been renovated with charm and elegance. Hardwood floors
throughout downstairs leading from a central entrance hallway to
fireplaced living room, dining room with dentil molding, fireplaced
family room which opens to 4 season sunroom with radiant heat and
opening to a chef's dream kitchen with family eating area. Enjoy
sitting at the breakfast table which opens to a deck overlooking
manicured grounds. So close to Needham and yet so much
privacy. Full walk out sunny basement includes play area, media
area, work out room and unbelievable wine cellar - thermostat
controlled. Not to mention 10 zones of heat - a system which will
impress any inspector.
Unit Size
4,339 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$311
Property Type
House
Property Taxes
$1,355
HOA Dues
-
Year Built
1986
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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 months ago (MLSPIN #71721922)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 25, 2024 | Listed by Keller Williams Realty | $2,599,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Beautifully renovated and expanded Cape on acre of land. Set back, private & quiet. Blends charm w/ modern updates throughout creating a perfect place to call home. The main level is highlighted by a gorgeous white kitchen featuring marble countertops, 2 DW's, Wolf, Subzero appliances & oversized island, spacious pantry w/Wolf steam oven. Enjoy the formal living room w/ fireplace, beamed ceilings & the oversized family room w/vaulted ceilings, sitting room w/beautiful bar w/wine fridge & beverage drawers. A first floor primary suite w/gas fireplace, 2 walk-in closets, bonus office & beautiful mudroom w/storage, laundry that connects to the 2-car garage complete this level.Upstairs boasts 3 additional bedrooms, one en-suite w/huge walk in closet & all new bath w/custom tiled wall in shower. Additional au pair or in law suite.The walkout lower level offers an expansive bonus room, wine cellar, exercise rm, half bath, bar area & extra storage. Walk-out to an oversized patio.Close to town.
| |||
| May 1, 2015 | Sold | ||
| Sold | |||
| Jul 31, 2014 | Listed by Coldwell Banker Residential Brokerage - Westwood | $1,349,000 | |
| Listed by Coldwell Banker Residential Brokerage - Westwood | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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