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Needham 02492
1566 Great Plain Ave
$730,000
● House - Off Market

1566 Great Plain Ave

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$1,073,435
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Welcome to this beautiful home that was brought down to the foundation and built back up in 2014.  EVERYTHING is new! The main level boast an open floor plan with Family Room, Kitchen and Dining room beautifully appointed.  There is a nice sized deck off of the dining room with steps that lead to the fenced in yard.  Three bedrooms with ample closet storage and a double vanity bathroom rounds out the main level.  The lower level has a built in mud area/office that makes it very easy to leave coats/shoes in after leaving the garage.  There is a full bathroom and a HUGE den area.  This home has been meticulously taken care of and at this price it will not last long!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$439
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1951

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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 #72319125)

Price History

Date / Event Date Event Price
Jul 11, 2018 Sold
Premium
Sold
May 2, 2018 Listed by Keller Williams Realty $725,000
Listed by Keller Williams Realty
Nov 8, 2013 Sold
Premium
Sold
Aug 26, 2013 Listed by Keller Williams Realty $569,000
Listed by Keller Williams Realty
Jan 10, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,330
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,330
  • Gross Building Area: 2,660
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 6

    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: 403400

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:216.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: NEEDHAM
  • Latitude: 42.2855
  • Longitude: -71.2577

    Address

  • Full Address: 1566 Great Plain Ave
  • Address - House Number: 1566
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1209
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,023,100

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,064,032
  • High Value: 1,244,042
  • Low Value: 884,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $784,600
  • Assessed Land Value: $488,700
  • Assessed Improvements Value: $295,900

    Sales

  • Current Sale Recording Date: Jul 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58667
  • Previous Sale Recording Date: Nov 08, 2013
  • Previous Sale Amount: $557,000
  • Previous Sale Document Type: O

    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:

$1,627,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 72319125

Frequently Asked Questions

When was property at 1566 Great Plain Avenue built and last sold?
The property at 1566 Great Plain Avenue was built in 1951 and last sold on Jan 1, 1970 for $730,000.
How much is this home worth?
The estimated value of the home located at 1566 Great Plain Avenue is $737,264.
What are some comparable homes to 1566 Great Plain Avenue?
There are currently no comparable homes to 1566 Great Plain Avenue.
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