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Needham 02494
16 Utica
$655,000
● House - Off Market

16 Utica

Needham, MA 02494
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,855 Ft²
$1,415,829
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

An amazing 4 bed/3bath offers  a fully applianced kitchen  with black MARBLE FLOORING, a large breakfast nook, CHERRY CABINETS, GRANITE COUNTERS;a spacious living room with a working FIREPLACE and a wonderful separate dining room.  3 zones for central heating and CENTRAL AIR.  The  finished basement includes a FULL BATHROOM, FIREPLACE, SEPARATE ENTRANCE AND WET BAR and 5th BEDROOM.  Enjoy the POOL w/ diving bd and slide, and outdoor shower and separate fenced yard.  2 Car garage w/ remote entry
Unit Size
2,855 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$245
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1948

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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 #71389253)

Price History

Date / Event Date Event Price
Jun 22, 2021 Sold
Premium
Sold
May 5, 2021 Listed by Trust Realty One $919,900
Listed by Trust Realty One
Jul 30, 2012 Sold
Premium
Sold
May 30, 2012 Listed by Trust Realty One $699,888
Listed by Trust Realty One
Jun 28, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2015
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 988
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,785
  • Gross Building Area: 2,773
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • 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: 403501

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:072.0 B:0008 L:0000.0
  • Block: 8
  • Municipality: NEEDHAM
  • Latitude: 42.2997
  • Longitude: -71.2291

    Address

  • Full Address: 16 Utica Rd
  • Address - House Number: 16
  • Address - Street Name: Utica
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C047
  • 4-Digit Zip Code: 2121
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,315,900

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,405,753
  • High Value: 1,617,018
  • Low Value: 1,194,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,009,100
  • Assessed Land Value: $474,300
  • Assessed Improvements Value: $534,800

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1480164
  • Previous Sale Recording Date: Jul 30, 2012
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: O
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# 71389253

Frequently Asked Questions

When was property at 16 Utica Road built and last sold?
The property at 16 Utica Road was built in 1948 and last sold on Jun 22, 2021 for $1,175,000.
How much is this home worth?
The estimated value of the home located at 16 Utica Road is $942,674.
What are some comparable homes to 16 Utica Road?
There are currently no comparable homes to 16 Utica Road.
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