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Needham 02492
11 Ivy Road
$859,000
● House - Off Market

11 Ivy Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,204 Ft²
$1,312,861
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Spacious  3 bedroom Garrison Colonial located on a quiet cul de sac in Broadmeadow School District. Bright and Sunny Updated Eat-In Kitchen with white cabinets, hardwood floors, recessed lighting and updated appliances. Cozy family room directly off of kitchen with  fireplace and built ins. Spacious deck off of kitchen overlooks beautiful back yard. Master Suite is very good size with separate sitting area and  private master bath. 2 Other very good size bedrooms with hardwood floors and double closets. Bonus room in basement with wall to wall carpet.  Direct entry from garage leads to mud room and half bath. This home is in a fabulous walk to all location. Hersey T Stop, Perry Park, and Hazels Bakery are just steps away! Meticulously cared for by current owners for almost 40 years! HURRY!
Unit Size
2,204 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$399
Property Type
House
Property Taxes
$782
HOA Dues
-
Year Built
1977

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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 #72411663)

Price History

Date / Event Date Event Price
Dec 5, 2018 Sold
Premium
Sold
Oct 17, 2018 Listed by William Raveis R.E. & Home Services $879,000
Listed by William Raveis R.E. & Home Services
Oct 11, 1979 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2001
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 676
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,204
  • Gross Building Area: 2,880
  • Building Area: 2,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,204
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARNHAM & GLEASON S
  • Land Acres: 0000000200
  • 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:031.0 B:0050 L:0000.0
  • Block: 50
  • Municipality: NEEDHAM
  • Latitude: 42.2786
  • Longitude: -71.2195

    Address

  • Full Address: 11 Ivy Rd
  • Address - House Number: 11
  • Address - Street Name: Ivy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 3731
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,313,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,403,422
  • High Value: 1,620,782
  • Low Value: 1,186,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,007,300
  • Assessed Land Value: $572,300
  • Assessed Improvements Value: $435,000

    Sales

  • Current Sale Contract Date: Nov 26, 2018
  • Current Sale Recording Date: Dec 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108381
  • Previous Sale Recording Date: Oct 11, 1979
  • Previous Sale Amount: $82,500
  • 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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 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# 72411663

Frequently Asked Questions

When was property at 11 Ivy Road built and last sold?
The property at 11 Ivy Road was built in 1977 and last sold on Nov 26, 2018 for $859,000.
How much is this home worth?
The estimated value of the home located at 11 Ivy Road is $907,570.
What are some comparable homes to 11 Ivy Road?
There are currently no comparable homes to 11 Ivy Road.
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