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Needham 02492
115 Nardone Road
$1,550,000
● House - Off Market

115 Nardone Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,750 Ft²
$2,292,914
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

NEW HOME: Construction starting soon, new home scheduled for late summer delivery. Still time to customize many finishes. Please contact listing agent for more information about this beautifully designed custom home. Talented local builder with an impressive portfolio of new Needham homes for over 30 years. The location is excellent! Convenient to town and train in a neighborhood location. This is a limited time pre-construction offering.
Unit Size
3,750 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$413
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2018

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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 #72275093)

Price History

Date / Event Date Event Price
Oct 5, 2018 Sold
Premium
Sold
Feb 22, 2018 Sold
Premium
Sold
Jan 27, 2018 Listed by Keller Williams Realty $1,550,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 9
  • 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: 1,727
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,922
  • Gross Building Area: 5,646
  • Building Area: 3,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,922
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:122.0 B:0040 L:0000.0
  • Block: 40
  • Municipality: NEEDHAM
  • Latitude: 42.2915
  • Longitude: -71.2482

    Address

  • Full Address: 115 Nardone Rd
  • Address - House Number: 115
  • Address - Street Name: Nardone
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C017
  • 4-Digit Zip Code: 2036
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,191,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,244,224
  • High Value: 2,591,808
  • Low Value: 1,896,641

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,680,900
  • Assessed Land Value: $492,000
  • Assessed Improvements Value: $1,188,900

    Sales

  • Current Sale Recording Date: Oct 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1409868
  • Previous Sale Recording Date: Feb 22, 2018
  • Previous Sale Contract Date: Feb 15, 2018
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: O
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

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 72275093

Frequently Asked Questions

When was property at 115 Nardone Road built and last sold?
The property at 115 Nardone Road was built in 2018 and last sold on Jan 1, 1970 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 115 Nardone Road is $1,492,015.
What are some comparable homes to 115 Nardone Road?
There are currently no comparable homes to 115 Nardone Road.
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