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Needham 02494
110 Elder Rd
$775,000
● House - Off Market

110 Elder Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,576 Ft²
$860,009
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

3 bedroom/2 bathroom ranch in a great Needham neighborhood!  Enjoy single level living in this classic ranch home, featuring 3 bedrooms, and 2 full baths.  The main level is completed with a living room w/ fireplace, updated kitchen and dining room and a large covered deck overlooking the yard, complete with your own stream for fishing, hunting for tadpoles and or tossing pennies in for good luck!  The walkout lower level has 2 large finished rooms for a playroom, office, or media room, and there is an additional HUGE basement with loads of storage space. Easy access to commuter routes, the Eliot School, Cricket Field, and Needham Heights shops and restaurants. Perfect condo alternative with one floor living, or add a second story!  This well loved home is a gem waiting for your touch to make it yours!
Unit Size
2,576 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$283
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1959

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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: 5 years ago (MLSPIN #72803868)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 25, 2021 Listed by Buyers Brokers Only, LLC $729,000
Listed by Buyers Brokers Only, LLC

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,288
  • 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: 1,288
  • Gross Building Area: 2,576
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:086.0 B:0071 L:0000.0
  • Block: 71
  • Municipality: NEEDHAM
  • Latitude: 42.3041
  • Longitude: -71.2343

    Address

  • Full Address: 110 Elder Rd
  • Address - House Number: 110
  • Address - Street Name: Elder
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C046
  • 4-Digit Zip Code: 2415
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,004,500

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 895,319
  • High Value: 1,084,236
  • Low Value: 706,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770,300
  • Assessed Land Value: $489,200
  • Assessed Improvements Value: $281,100

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56742
  • Previous Sale Recording Date: Feb 09, 2018
  • 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

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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: 5 years ago
Data Source: MLS PIN, MLS# 72803868

Frequently Asked Questions

When was property at 110 Elder Road built and last sold?
The property at 110 Elder Road was built in 1959 and last sold on Apr 30, 2021 for $775,000.
How much is this home worth?
The estimated value of the home located at 110 Elder Road is $0.
What are some comparable homes to 110 Elder Road?
There are currently no comparable homes to 110 Elder Road.
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