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Needham 02492
80 Lawton Road
$1,410,000
● House - Off Market

80 Lawton Road

Needham, MA 02492
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,835 Ft²
$1,998,439
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED! The wait is over! Fantastic opportunity to own in Broadmeadow School district with this substantially renovated and expanded home. The stunning features include newly renovated grand chef's kitchen opening up to breakfast area and family room, all overlooking large private yard and beautiful new patio. LR, DR, and first floor office with built-ins. Second floor features 4 great size bedrooms, laundry room, beautiful master with spa bath and 2 closets. Walk-up 3rd floor suitable for extra storage. Finished walk-out lower level with full bath perfect for au-pair/guest space, kids playroom and storage. Walk to Needham Golf Club and Hersey train station with easy access to 128. Don't miss this unique combination of location and a wonderfully updated, turn-key home.
Unit Size
3,835 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$352
Property Type
House
Property Taxes
$1,192
HOA Dues
-
Year Built
1925

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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 #72336621)

Price History

Date / Event Date Event Price
Aug 30, 2018 Sold
Premium
Sold
May 31, 2018 Listed by Keller Williams Realty $1,350,000
Listed by Keller Williams Realty
Jan 29, 2016 Sold
Premium
Sold
Oct 16, 2015 Listed by Keller Williams Realty $1,259,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2015
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,548
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 3,306
  • Gross Building Area: 4,770
  • Building Area: 3,306
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,306
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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:008.0 B:0040 L:0000.0
  • Block: 40
  • Municipality: NEEDHAM
  • Latitude: 42.2705
  • Longitude: -71.2114

    Address

  • Full Address: 80 Lawton Rd
  • Address - House Number: 80
  • Address - Street Name: Lawton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C002
  • 4-Digit Zip Code: 4110
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,874,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,005,379
  • High Value: 2,344,644
  • Low Value: 1,666,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,437,300
  • Assessed Land Value: $590,000
  • Assessed Improvements Value: $847,300

    Sales

  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77505
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Amount: $1,237,000
  • 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72336621

Frequently Asked Questions

When was property at 80 Lawton Road built and last sold?
The property at 80 Lawton Road was built in 1925 and last sold on Jan 1, 1970 for $1,410,000.
How much is this home worth?
The estimated value of the home located at 80 Lawton Road is $1,362,510.
What are some comparable homes to 80 Lawton Road?
There are currently no comparable homes to 80 Lawton Road.
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