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Needham 02492
11 Marant Drive
$1,475,000
● House - Off Market

11 Marant Drive

Needham, MA 02492
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,916 Ft²
$2,071,359
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Welcome home to this incredible renovated property in sought after Needham! First floor features office with custom built in cabinets, fireplaced living room, great formal dining room that leads to the beautiful custom eat-in kitchen with granite counter tops, upgraded cabinets, wine fridge, warming drawer and double oven & open floor plan to family room with cathedral ceilings. Second floor offers 4 bedrooms and 2 baths including master bedroom with en-suite bath and dressing room. Both second floor bathrooms have heated floors. Third floor game room is wall to wall carpeted.  Fully finished walk -out basement with hardwood flooring play room, full bath and bedroom. This is the ideal location for anyone looking for a home that will last a lifetime.
Unit Size
4,916 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$285
Property Type
House
Property Taxes
$1,298
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72323299)

Price History

Date / Event Date Event Price
Jul 23, 2018 Sold
Premium
Sold
May 9, 2018 Listed by Keller Williams Realty $1,399,000
Listed by Keller Williams Realty
Jun 26, 2007 Sold
Premium
Sold
Jan 31, 2007 Listed by Keller Williams Realty $1,275,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1999
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,944
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 4,916
  • Gross Building Area: 6,860
  • Building Area: 4,916
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,916
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001060
  • 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: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:205.0 B:0008 L:0000.0
  • Block: 8
  • Municipality: NEEDHAM
  • Latitude: 42.2618
  • Longitude: -71.2442

    Address

  • Full Address: 11 Marant Dr
  • Address - House Number: 11
  • Address - Street Name: Marant
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C023
  • 4-Digit Zip Code: 2774
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,931,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,181,265
  • High Value: 2,550,285
  • Low Value: 1,812,244

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,481,000
  • Assessed Land Value: $708,200
  • Assessed Improvements Value: $772,800

    Sales

  • Current Sale Recording Date: Jul 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1404879
  • Previous Sale Recording Date: Jun 26, 2007
  • Previous Sale Amount: $1,160,000
  • Previous Sale Document Type: 48
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72323299

Frequently Asked Questions

When was property at 11 Marant Drive built and last sold?
The property at 11 Marant Drive was built in 1992 and last sold on Jan 1, 1970 for $1,475,000.
How much is this home worth?
The estimated value of the home located at 11 Marant Drive is $1,415,602.
What are some comparable homes to 11 Marant Drive?
There are currently no comparable homes to 11 Marant Drive.
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