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Needham 02492
1351 Great Plain Ave
$975,000
● House - Off Market

1351 Great Plain Ave

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$886,716
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

SUNDAY OPEN HOUSE CANCELLED. OFFER ACCEPTED. Love Needham and want to make it your home? This 4 bedroom home is ready for you to move in today. When you walk into this great house you feel welcome. Updated kitchen, hardwood floors, potential for 2 office spaces. Large deck overlooks the fully fenced yard which is great for entertaining or just relaxing in the privacy of your own space. Finished basement room with private office space. Enjoy the convenience of living near the town center with it's great restaurants, shopping, and public transportation.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$511
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1953

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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 #72969897)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by Gibson Sotheby's International Realty $875,000
Listed by Gibson Sotheby's International Realty
Mar 30, 2017 Sold
Premium
Sold
Aug 30, 2012 Sold
Premium
Sold
May 3, 2012 Listed by Gibson Sotheby's International Realty $495,000
Listed by Gibson Sotheby's International Realty
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,434
  • Gross Building Area: 2,250
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: SRB

Geography

  • Parcel: NEED M:128.0 B:0068 L:0000.0
  • Block: 68
  • Municipality: NEEDHAM
  • Latitude: 42.2817
  • Longitude: -71.2494

    Address

  • Full Address: 1351 Great Plain Ave
  • Address - House Number: 1351
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1751
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $879,700

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,041,849
  • High Value: 1,271,163
  • Low Value: 812,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674,600
  • Assessed Land Value: $447,400
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1503857
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

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# 72969897

Frequently Asked Questions

When was property at 1351 Great Plain Avenue built and last sold?
The property at 1351 Great Plain Avenue was built in 1953 and last sold on May 27, 2022 for $975,000.
How much is this home worth?
The estimated value of the home located at 1351 Great Plain Avenue is $878,253.
What are some comparable homes to 1351 Great Plain Avenue?
There are currently no comparable homes to 1351 Great Plain Avenue.
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