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Needham 02492
1389 Great Plain Ave
$610,000
● House - Off Market

1389 Great Plain Ave

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$1,020,868
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Move right in to this stylishly updated 3 bedroom 2 bath cape within walking distance of Needham Center. Both baths have been redone, the kitchen updated and the interior has been beautifully decorated in an appealing and neutral decor.  Spacious backyard with mature fruit trees and a large shed.  The partially finished area in the basement is currently being used as an office but would also make a great playroom.  The most demanding buyers will be impressed.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$431
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1954

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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: 4 months ago (MLSPIN #71806613)

Price History

Date / Event Date Event Price
May 28, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $579,900
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Aug 26, 2011 Sold
Premium
Sold
Jun 16, 2011 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $445,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Apr 22, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,487
  • Gross Building Area: 2,112
  • Building Area: 1,487
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,487
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 23510A
  • Land Acres: 0000000340
  • 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:0073 L:0000.0
  • Block: 73
  • Municipality: NEEDHAM
  • Latitude: 42.2825
  • Longitude: -71.2507

    Address

  • Full Address: 1389 Great Plain Ave
  • Address - House Number: 1389
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1710
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $934,800

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,037,256
  • High Value: 1,194,437
  • Low Value: 880,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $716,900
  • Assessed Land Value: $534,200
  • Assessed Improvements Value: $182,700

    Sales

  • Current Sale Recording Date: May 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1329470
  • Previous Sale Recording Date: Aug 26, 2011
  • Previous Sale Amount: $450,000
  • 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:

$1,627,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4224 ft²

Average Home Age

40.7 years

Currently For Sale

69 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# 71806613

Frequently Asked Questions

When was property at 1389 Great Plain Avenue built and last sold?
The property at 1389 Great Plain Avenue was built in 1954 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 1389 Great Plain Avenue is $590,894.
What are some comparable homes to 1389 Great Plain Avenue?
There are currently no comparable homes to 1389 Great Plain Avenue.
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