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Needham 02492
83 Hawthorn Ave
$1,000,000
● House - Off Market

83 Hawthorn Ave

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,668 Ft²
$886,716
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Nestled on a desirable street in one of Needham's most sought after neighborhoods, 83 Hawthorn Ave is waiting for it's next owners to call it home. Meticulously maintained, this well appointed home has welcoming foyer,  gracious living room with fireplace, lovely dining room with built-in cabinet and  three spacious bedrooms. Relax and enjoy summer evenings on the screened three season sunroom entertaining friends, sharing laughter or just curled up with a good book. The perfect home for end users, builders or contractors. Exceptional neighborhood where families gather, children play and block parties are enjoyed. Extraordinary location close to Perry Park, Mitchell School, shops, highway and commuter rail. Wonderful location and endless possibilities make this home a true gem. Showings begin at OH Sat and Sun 1-3.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$525
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1953

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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 months ago (MLSPIN #72953792)

Price History

Date / Event Date Event Price
May 6, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by William Raveis R.E. & Home Services $875,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1999
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,274
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,668
  • Gross Building Area: 2,942
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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:030.0 B:0006 L:0000.0
  • Block: 6
  • Municipality: NEEDHAM
  • Latitude: 42.2834
  • Longitude: -71.2211

    Address

  • Full Address: 83 Hawthorn Ave
  • Address - House Number: 83
  • Address - Street Name: Hawthorn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C031
  • 4-Digit Zip Code: 3807
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,124,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,079,767
  • High Value: 1,317,428
  • Low Value: 842,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $862,600
  • Assessed Land Value: $567,800
  • Assessed Improvements Value: $294,800

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1502741
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:

$1,625,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4189 ft²

Average Home Age

38.3 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: 4 months ago
Data Source: MLS PIN, MLS# 72953792

Frequently Asked Questions

When was property at 83 Hawthorn Avenue built and last sold?
The property at 83 Hawthorn Avenue was built in 1953 and last sold on May 6, 2022 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 83 Hawthorn Avenue is $898,265.
What are some comparable homes to 83 Hawthorn Avenue?
There are currently no comparable homes to 83 Hawthorn Avenue.
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