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57 Oak St #57 Needham — Photo 1 of 23

57 Oak St #57 Needham — Photo 1 of 23

$1,099,000

Investment Analysis — 57 Oak St #57

Needham, MA 02492

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02492 carries an estimated $4,320/mo in gross rent — about a 2.40% cap rate and $26,428/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,932

Style

Condominium

Built

2018

Wonderful opportunity in Needham Center! Built in 2018, this first floor condo is modern, spacious and incredibly convenient to all that Needham has to offer. The sun-drenched open floor plan offers nearly 2,000 sq ft of a bright and beautiful living space. The soaring ceilings, hardwood floors, and open floorplan add to the feeling of elegant everyday living. Spacious with its 3 nicely sized bedrooms and plenty of closet space throughout. The open kitchen offers a center island and recessed lights with a new dishwasher and range. This space provides a fantastic setting for entertaining friends and family. At the end of the day retreat to the primary suite with fabulous walk-in closet and a lovely bathroom with tiled shower. Enjoy one garage space plus an additional dedicated parking space for convenience. Basement is unfinished and offers potential living space and an abundance of storage. Steps to Needham Center, this location cannot be beat for its convenience to shops, restaurants, and the commuter rail to Boston's South Station.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,099,000
Annual Taxes$9,970
HOA Fee$250

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningGR

Property & Lot

Acres0.19
SqFt Lot8,276
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2Bathroom 3
Living Room
Lvl First

18 x 12

Dining Room
Lvl First

18 x 13

Kitchen
Lvl First

18 x 9

Primary Bedroom
Lvl First

16 x 16

Bedroom 2
Lvl First

13 x 12

Bedroom 3
Lvl First

13 x 12

Bathroom 1
Lvl First

14 x 6

Bathroom 2
Lvl First

10 x 7

Bathroom 3
Lvl First

6 x 6

Listing Provided By

Listing Agent: Judith Brady

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73585081