855 Great Plain Avenue #1
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed | $1,050,000 | |
| Listed | |||
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OFFER DEADLINE MONDAY 3/17 AT 8PM. MAKE GOOD FOR 24 HOURS. This spacious 5 Bed, 2 1/2 Bath condo is located in the heart of downtown Needham with exquisite woodwork, molding, glistening hardwood floors and vintage charm throughout. Starting on the first floor, enter into the elegant hall / foyer with staircase, double doors that open to a living room with built-in bookcase, fireplace, and lots of natural light. First floor also features dining room w/ pantry & built in shelving, separate family room w/ built-in bookshelves. Second floor has four generous bedrooms and an updated bathroom. Third level has a bedroom, full bathroom, laundry area and a flexible space. This wonderful home has a lot to offer, whether you want to relax on the front porch or lounge in the private back patio, you'll enjoy this property! Close to restaurants, shops, commuter rail, high school and middle school. Updated heating & AC, plenty of parking, detached one-car garage and highway access.
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| Nov 30, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by Compass | $975,000 | |
| Listed by Compass | |||
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PRICE ADJUSTMENT-Nestled into the heart of downtown Needham this 5BR, 2 1/2 Condo has vintage charm with exquisite woodwork, moulding & glistening hardwood floors. First floor is filled with natural light w/ an eat-in kitchen, living room, dining room and a seperate family room with a cozy fireplace and built in bookshelves. Second level has 4 generous bedrooms and a tastefully updated bathroom. Third level has a bedroom, full bathroom and two flexible spaces. Plenty of parking plus a detached 1 car garage and private backyard and covered front porch area are just a few highlights of this great home located within walking distance to the high school, middle school, train, restaurants shoppes and quick access to the highway makes this the perfect place to call home.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/12/2025
|
5 Bed
|
2 Bath
|
2781 ft²
|
$1,050,000
5 Bed
2 Bath
2781 ft²
|
$1,050,000
05/09/2025
|
Edward Keefe
Century 21 American Properties
| |
|
06/24/2022
|
5 Bed
|
3 Bath
|
2781 ft²
|
$975,000
5 Bed
3 Bath
2781 ft²
|
$875,000
-10.26%
11/30/2022
|
Janet Michienzi
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017