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Needham 02492
97 Oak St
$659,000
● House - Off Market

97 Oak St

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,760 Ft²
$1,125,981
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Lovely, well-maintained ranch home with four bedrooms and two baths featuring beautiful hardwood floors, a spacious living room with a fireplace, as well as a full dining room with a built-in china cabinet and sliders that go to the large outdoor deck.  The main level also includes skylights and cathedral ceilings in the kitchen and den.  Partially finished basement with second fireplace and bathroom, offering tons of storage.  This beautiful home is located on a corner lot and features a large yard that is partially fenced in.  Wonderful location in a great neighborhood that is walking distance to town and train station and offers easy access to major routes.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$369
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71827439)

Price History

Date / Event Date Event Price
Jul 24, 2015 Sold
Premium
Sold
Apr 30, 2015 Listed by Keller Williams Realty $649,000
Listed by Keller Williams Realty
Jun 21, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2011
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,604
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,604
  • Gross Building Area: 3,208
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:132.0 B:0096 L:0000.0
  • Block: 96
  • Municipality: NEEDHAM
  • Latitude: 42.2775
  • Longitude: -71.242

    Address

  • Full Address: 97 Oak St
  • Address - House Number: 97
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C025
  • 4-Digit Zip Code: 2215
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,120,800

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,114,681
  • High Value: 1,353,006
  • Low Value: 876,355

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $859,500
  • Assessed Land Value: $535,100
  • Assessed Improvements Value: $324,400

    Sales

  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70597
  • Previous Sale Recording Date: Jun 21, 1991
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 27
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# 71827439

Frequently Asked Questions

When was property at 97 Oak Street built and last sold?
The property at 97 Oak Street was built in 1949 and last sold on Jan 1, 1970 for $659,000.
How much is this home worth?
The estimated value of the home located at 97 Oak Street is $672,270.
What are some comparable homes to 97 Oak Street?
There are currently no comparable homes to 97 Oak Street.
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