CCertihomes
687 Highland Ave #1 & 2, Needham, MA 02494

$450,000

0 beds 0 baths Built 1976Active

About this home

Large commercial condo office (suite 1 and 2) for sale on the first floor in professional building in Needham. Two units (957 sqft & 458 sqft) combined to make one large suite with 8 rooms (subdidvidable). Kitchenette, conference room, all large office rooms with ample windows, 2 bathrooms in common area, 2 storage rooms. Building has elevator and ample parking, some of which is covered. Run by professional management company. Space is good for owner's business occupancy or for lease to others to generate income.Building is minutes from RT.128 and provides easy access to the Mass Pike. Convenient location for affordable price..

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,519/mo

Real estate (PITI + HOA + PMI)
$6,266
Principal + interest$2,902
Property tax + insurance$2,179
HOA$1,016
PMI / 2nd mortgage$169
Utilities
$506
Heating + cooling$116
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$158
$5,519/mo TLC
Budget$6,019/mo
Remaining after TLC$500/mo
Purchase price
$450,000
Down payment
$22,500 (5%)
Loan amount
$427,500
APR
7.2%

Quick facts

Type
COM
Style
Year built
1976
Lot size
Stories
0
Heating
Cooling
Water
HOA
$1,016
Annual tax
$7,172
MLS #
73239122
County
Norfolk

Neighborhood — 02494

MetricThis ZIPCountyUSA
Population6,9646,444,931299,088,112
Population Change Since19907.00%7.00%20.00%
Population Density2,460786
Male3,2883,127,134147,432,321
Female3,6763,317,797151,655,844
Never Married1,2731,612,88563,775,926
Married3,2912,586,314123,120,365
Separated213247,85712,639,686
Widowed495363,59415,467,586
Divorced328436,88823,075,029
Number Of House Hold2,6052,431,591111,826,380
Average House Hold Size2.592.562.60
Medial Age42.8437.2535.46
Median House Hold Income$90,471$57,698$48,276
Average House Hold Income$121,504$75,023$63,629
P C I$47,905$29,196$24,529
M D I$71,016$48,105$41,133
A T H E$81,550$57,083$50,898
S T R5.00%5.00%
W C J82.36%81.38%77.74%
(Zip) Code
2494

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 5/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.