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Needham 02494
137 Evelyn Rd
$674,000
● House - Off Market

137 Evelyn Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,584 Ft²
$1,124,156
RealtyHop Estimate
61.75%
Since Mar 1, 2017
MA-Boston
Primary Model

About This Property

This Home is A DIAMOND IN THE ROUGH. Has a Gorgeous NEW KITCHEN and NEW BATHROOM, CENTER ISLAND / BREAKFAST BAR, GRANITE COUNTERS, CUSTOM CABINETS, but still needs some cosmetic work and some minor repairs. Totally WORTH THE EFFORT! VERY DECEIVING HOME from the outside..There is a huge 2 story addition on the rear of the home making this OVER 2500 S.F. of Living Space! This is NOT A TEAR DOWN, but located among several MILLION DOLLAR HOMES with more being built! GREAT LOT in a FANTASTIC Neighborhood Location CLOSE TO HIGHWAYS, Great Commuter Location, Awesome NEEDHAM SCHOOLS. Seller to make NO REPAIRS. Sold As-IS.
Unit Size
2,584 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$269
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1957

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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 #72093970)

Price History

Date / Event Date Event Price
Feb 3, 2017 Sold
Premium
Sold
Nov 16, 2016 Listed by Keller Williams Realty Boston South West $695,000
Listed by Keller Williams Realty Boston South West
Oct 26, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,392
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,899
  • Gross Building Area: 3,272
  • Building Area: 1,899
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,899
  • 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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:078.0 B:0019 L:0000.0
  • Block: 19
  • Municipality: NEEDHAM
  • Latitude: 42.304
  • Longitude: -71.2318

    Address

  • Full Address: 137 Evelyn Rd
  • Address - House Number: 137
  • Address - Street Name: Evelyn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C046
  • 4-Digit Zip Code: 2403
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,077,200

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,172,154
  • High Value: 1,370,857
  • Low Value: 973,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $826,100
  • Assessed Land Value: $481,200
  • Assessed Improvements Value: $344,900

    Sales

  • Current Sale Recording Date: Feb 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11313
  • Previous Sale Recording Date: Oct 26, 1994
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72093970

Frequently Asked Questions

When was property at 137 Evelyn Road built and last sold?
The property at 137 Evelyn Road was built in 1957 and last sold on Jan 1, 1970 for $674,000.
How much is this home worth?
The estimated value of the home located at 137 Evelyn Road is $741,403.
What are some comparable homes to 137 Evelyn Road?
There are currently no comparable homes to 137 Evelyn Road.
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