$881,000
●
Condo -
Off Market
8 Castle Place #2
Needham, MA 02494
4 Beds
4 Baths,
1
Half Bath
3,980 Ft²
$1,704,067
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model
About This Property
Colonial style Townhome.. Premium Builder ( Bobsled,Jarvis,
Shirley)) . 4 Corner bedrooms, 3.5 Baths, 2 car garage.. 1st floor
office/bedroom with bath. Walk-up finished 3rd Floor ,3,980sf new
home in Needham for under $890,000.00. Built like a single and
attached to other unit with a 10" of insulation and fire proofing.
Only thing you share with other side is Master insurance (about
$900), 580sf of finished basement. Hardwood on 1st & 2nd floors
Unit Size
3,980 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$223
Property Type
Condo
Property Taxes
-
HOA Dues
$900
Year Built
2013
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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 #71476428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2013 | Sold | ||
| Sold | |||
| Jan 27, 2013 | Listed by Quest Real Estate | $889,000 | |
| Listed by Quest Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 11
Length: 17
Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Recessed Lighting
Area: 187
Level: First
Features: Bathroom - 3/4
Level: Second
Features: Closet, Flooring - Hardwood
Width: 12
Length: 16
Area: 192
Length: 10
Level: First
Features: Bathroom - Full, Closet, Flooring - Hardwood
Area: 130
Width: 13
Area: 216
Length: 18
Level: Second
Features: Closet, Flooring - Hardwood
Width: 12
Features: Closet, Flooring - Hardwood
Width: 11
Length: 11
Area: 121
Level: Second
Features: Flooring - Hardwood
Length: 15
Level: First
Features: Bathroom - Half
Level: First
Length: 18
Level: First
Area: 216
Features: Flooring - Hardwood
Width: 12
Length: 20
Level: First
Features: Flooring - Hardwood
Width: 15
Area: 300
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Level: Second
Length: 17
Width: 15
Area: 255
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Closet, Attic Access, Recessed Lighting, Storage, Bonus Room, Play Room
Flooring Type: Flooring - Wall to Wall Carpet
Laundry Features: Second Floor
Rooms: 10
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Under Construction
PropertySubType: Condominium
Building Name: 6-8 Castle Palce Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Lead Paint: None
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: GEN
Water Source: Public, Individual Meter
Utilities Details
Cooling Type: Central Air, Dual
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
Association Fee Frequency: Annually
HOA Fee: $900
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 |
|---|---|---|---|---|---|---|---|
|
01/27/2013
|
4 Bed
|
4 Bath
|
3980 ft²
|
$889,000
4 Bed
4 Bath
3980 ft²
|
$881,000
-0.90%
06/18/2013
|
Catherine O Dea
Quest Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017