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Needham 02492
115 Beard Way
$1,875,000
● House - Off Market

115 Beard Way

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
6,417 Ft²
$3,795,907
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Sited on a cul de sac and abutting conservation land, this extraordinary young residence stands out from the rest. This designer decorated home includes an elegant foyer, chefs kitchen with large center island, large family room w/gas fireplace & surround sound, rich finish accents including custom built ins, moldings & hardwood floors. Master suite w/gorgeous marble bathroom & custom walk in closet, 4 add'l br's & 3 baths. Walk out lower level playroom and art room. Putting green, 3-car garage.
Unit Size
6,417 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$311
Property Type
House
Property Taxes
$1,843
HOA Dues
-
Year Built
2002

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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 #71488984)

Price History

Date / Event Date Event Price
Jul 10, 2013 Sold
Premium
Sold
Mar 4, 2013 Listed by Coldwell Banker Residential Brokerage - Brookline $1,995,000
Listed by Coldwell Banker Residential Brokerage - Brookline
Jul 16, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2014
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,674
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 5,017
  • Gross Building Area: 7,691
  • Building Area: 5,017
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,017
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM & WELLESLEY
  • Land Acres: 0000000750
  • 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: 403400

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:220.0 B:0028 L:0000.0
  • Block: 28
  • Municipality: NEEDHAM
  • Latitude: 42.2794
  • Longitude: -71.2823

    Address

  • Full Address: 115 Beard Way
  • Address - House Number: 115
  • Address - Street Name: Beard
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Needham
  • Carrier Code: C018
  • 4-Digit Zip Code: 1038
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,848,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 3,172,914
  • High Value: 3,709,698
  • Low Value: 2,636,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,184,500
  • Assessed Land Value: $810,600
  • Assessed Improvements Value: $1,373,900

    Sales

  • Current Sale Recording Date: Jul 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 16, 2002
  • Previous Sale Amount: $1,775,000
  • 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:

$1,625,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71488984

Frequently Asked Questions

When was property at 115 Beard Way built and last sold?
The property at 115 Beard Way was built in 2002 and last sold on Jan 1, 1970 for $1,875,000.
How much is this home worth?
The estimated value of the home located at 115 Beard Way is $2,006,012.
What are some comparable homes to 115 Beard Way?
There are currently no comparable homes to 115 Beard Way.
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