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Needham 02492
1499 Great Plain Avenue
Photo of 1499 Great Plain Avenue
Sold on Jul 10, 2007

1

Map

$550,000
● House - Off Market

1499 Great Plain Avenue

Needham, MA 02492
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,508 Ft²
$1,077,536
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

This six bedroom, three bath home offers plenty of space with a mix of classic Cape charm and Contemporary Ranch open floor plan.  Features include a stone fireplace in the living room, a brick fireplace in the lower level recreation room, and an updated eat-in kitchen.  A large first floor master bedroom is adjacent to a new bathroom with whirlpool tub, steam shower, granite countertop, and double sink. The private hilltop location set back from the road offers lovely sunset views.
Unit Size
2,508 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$229
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1952

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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 #70544234)

Price History

Date / Event Date Event Price
Jul 10, 2007 Sold
Premium
Sold
Mar 20, 2007 Listed $575,000
Listed
Sep 30, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,804
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 2,508
  • Gross Building Area: 4,312
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • 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: B

Geography

  • Parcel: NEED M:120.0 B:0004 L:0000.0
  • Block: 4
  • Municipality: NEEDHAM
  • Latitude: 42.285
  • Longitude: -71.2545

    Address

  • Full Address: 1499 Great Plain Ave
  • Address - House Number: 1499
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1217
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,043,500

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,182,957
  • High Value: 1,381,456
  • Low Value: 984,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $800,200
  • Assessed Land Value: $442,700
  • Assessed Improvements Value: $357,500

    Sales

  • Current Sale Recording Date: Jul 10, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 30, 1994
  • Previous Sale Amount: $245,000
  • 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:

$1,612,500

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4264 ft²

Average Home Age

37.7 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# 70544234

Frequently Asked Questions

When was property at 1499 Great Plain Avenue built and last sold?
The property at 1499 Great Plain Avenue was built in 1952 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 1499 Great Plain Avenue is $579,064.
What are some comparable homes to 1499 Great Plain Avenue?
There are currently no comparable homes to 1499 Great Plain Avenue.
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