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Needham 02492
117 Grosvenor Rd
$825,000
● House - Off Market

117 Grosvenor Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,555 Ft²
$1,374,428
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Live in the heart of the Broadmeadow neighborhood!  This 4 bedroom, 2 bath, expanded English tudor brick cape backs up to the Broadmeadow school and is a short distance to Hersey train station.  The numerous windows and sky lights provide lots of natural light and hardwood floors throughout give the home a warm feel.  Other desirable attributes include mudroom w/ built in bench and cubbies, generous closet space, washer/drier on 2nd floor, finished playroom/teen hangout in basement, and 2 walk-in pantries in the kitchen.  Set on .3 acres, this large level lot (complete with perennial beds, shed/playhouse and irrigation system) is the perfect setting for your outdoor entertaining and activities.  2 car tandem garage with extra room for storage.  Well insulated home, recent efficient gas heat and superstore hot water.
Unit Size
2,555 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$323
Property Type
House
Property Taxes
$723
HOA Dues
-
Year Built
1936

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72006839)

Price History

Date / Event Date Event Price
Aug 3, 2016 Sold
Premium
Sold
May 17, 2016 Listed by Keller Williams Realty $825,000
Listed by Keller Williams Realty
Jun 3, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1998
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,338
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,556
  • Gross Building Area: 3,893
  • Building Area: 2,556
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,556
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:013.0 B:0031 L:0000.0
  • Block: 31
  • Municipality: NEEDHAM
  • Latitude: 42.2774
  • Longitude: -71.2095

    Address

  • Full Address: 117 Grosvenor Rd
  • Address - House Number: 117
  • Address - Street Name: Grosvenor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C021
  • 4-Digit Zip Code: 4429
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,217,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,357,593
  • High Value: 1,587,266
  • Low Value: 1,127,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $933,400
  • Assessed Land Value: $596,100
  • Assessed Improvements Value: $337,300

    Sales

  • Current Sale Recording Date: Aug 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76326
  • Previous Sale Recording Date: Jun 03, 1992
  • Previous Sale Amount: $197,000
  • 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:

$1,600,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4359 ft²

Average Home Age

36.6 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72006839

Frequently Asked Questions

When was property at 117 Grosvenor Road built and last sold?
The property at 117 Grosvenor Road was built in 1936 and last sold on Jan 1, 1970 for $825,000.
How much is this home worth?
The estimated value of the home located at 117 Grosvenor Road is $859,843.
What are some comparable homes to 117 Grosvenor Road?
There are currently no comparable homes to 117 Grosvenor Road.
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