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Needham 02492
1605 Great Plain Ave
Photo of 1605 Great Plain Ave
Sold on Jun 30, 2009

1

Map

$477,500
● House - Off Market

1605 Great Plain Ave

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,876 Ft²
$1,035,676
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

CONVENIENT LOCATION in Needham.  Once you step inside this delightful Cape you discover just how deceptively large this home is.  Leading off from the eat-in kitchen with bay window, is the family-room with hardwood floors and a through-fireplace to the sitting-room.  A formal dining-room, full-bath and cozy den complete the first floor.  The second floor offers 4 bedrooms, a full bath and small study. Home sits on a corner lot and features good sized back-yard.
Unit Size
1,876 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$266
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1942

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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 #70836597)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed $825,000
Listed
Jun 30, 2009 Sold
Premium
Sold
Oct 20, 2008 Listed $499,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,876
  • Gross Building Area: 2,896
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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:118.0 B:0001 L:0000.0
  • Block: 1
  • Municipality: NEEDHAM
  • Latitude: 42.286
  • Longitude: -71.2592

    Address

  • Full Address: 1605 Great Plain Ave
  • Address - House Number: 1605
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1206
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,164,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,281,183
  • High Value: 1,479,612
  • Low Value: 1,082,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $892,800
  • Assessed Land Value: $576,200
  • Assessed Improvements Value: $316,600

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70949
  • Previous Sale Recording Date: Jun 30, 2009
  • Previous Sale Amount: $477,500
  • 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:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

3996 ft²

Average Home Age

38.3 years

Currently For Sale

70 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# 70836597

Frequently Asked Questions

When was property at 1605 Great Plain Avenue built and last sold?
The property at 1605 Great Plain Avenue was built in 1942 and last sold on Apr 8, 2021 for $925,000.
How much is this home worth?
The estimated value of the home located at 1605 Great Plain Avenue is $833,114.
What are some comparable homes to 1605 Great Plain Avenue?
There are currently no comparable homes to 1605 Great Plain Avenue.
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