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Needham 02492
116 Beard Way
Photo of 116 Beard Way
Sold on Aug 5, 2010

1

Map

$2,005,000
● House - Off Market

116 Beard Way

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,317 Ft²
$4,302,265
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Wellesley line. Gracious and beautifully crafted Colonial style home built in 2002 set on impressive lot of well manicured land abutting conservation. Finishes incl. Brazilian cherry flrs, tray ceilings & crown moldings. Gorgeous wrap around porch, mahogany deck & Bluestone patio compliment the exterior. High end center isle kitchen with Granite opens to magnificent family rm. Master BR with lavish bath, walk-in closet ,balcony. Located on private Cul de Sac accessible to Wellesley Ctr. shops.
Unit Size
4,317 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$486
Property Type
House
Property Taxes
$1,560
HOA Dues
$2,750
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: 2 years ago (MLSPIN #71083196)

Price History

Date / Event Date Event Price
Aug 5, 2010 Sold
Premium
Sold
May 19, 2010 Listed $2,100,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • Total Rooms: 11
  • Bedroom Count: 6
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,241
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Total Building Area: 5,019
  • Gross Building Area: 7,260
  • Building Area: 5,019
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,019
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM & WELLESLEY
  • Land Acres: 0000000830
  • 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:0020 L:0000.0
  • Block: 20
  • Municipality: NEEDHAM
  • Latitude: 42.279
  • Longitude: -71.2829

    Address

  • Full Address: 116 Beard Way
  • Address - House Number: 116
  • Address - Street Name: Beard
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Needham
  • Carrier Code: C018
  • 4-Digit Zip Code: 1037
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,617,600

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 3,769,183
  • High Value: 4,416,614
  • Low Value: 3,121,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,774,200
  • Assessed Land Value: $818,700
  • Assessed Improvements Value: $1,955,500

    Sales

  • Current Sale Recording Date: Aug 05, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 74951
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

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

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71083196

Frequently Asked Questions

When was property at 116 Beard Way built and last sold?
The property at 116 Beard Way was built in 2002 and last sold on Jan 1, 1970 for $2,005,000.
How much is this home worth?
The estimated value of the home located at 116 Beard Way is $0.
What are some comparable homes to 116 Beard Way?
There are currently no comparable homes to 116 Beard Way.
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