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Needham 02492
17 Stevens Road
$1,000,000
● House - Off Market

17 Stevens Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,016 Ft²
$1,357,961
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Sunday open house canceled.Quintessential colonial located in the sought after Ladder neighborhood of Needham.  You will fall in love. The location is a short drive to Needham Center which offers great restaurants and shopping.  Enjoy a short walk down to Defazio Park.  This beautiful home provides charm and character throughout.  The 1st and 2nd floors include high ceilings, fireplaced living room, custom interior shutters (1st flr LR / DR only), large sun filled office, mud room, and a convenient walk-up attic, which could be finished into additional living space.The partially finished basement includes new wall to wall carpeting, and is ideal for a family room and play room.  Enjoy the 2 car garage in the winter months.  This home will not last!
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$471
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
1925

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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 #72474951)

Price History

Date / Event Date Event Price
May 22, 2019 Sold
Premium
Sold
Apr 2, 2019 Listed by Maloney Properties, Inc. $950,000
Listed by Maloney Properties, Inc.
May 27, 1998 Sold
Premium
Sold
Jan 28, 1998 Listed by Maloney Properties, Inc. $459,900
Listed by Maloney Properties, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2021
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,080
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,301
  • Gross Building Area: 3,096
  • Building Area: 2,301
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,301
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:034.0 B:0017 L:0000.0
  • Block: 17
  • Municipality: NEEDHAM
  • Latitude: 42.2798
  • Longitude: -71.226

    Address

  • Full Address: 17 Stevens Rd
  • Address - House Number: 17
  • Address - Street Name: Stevens
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C011
  • 4-Digit Zip Code: 3313
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,856,100

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,428,806
  • High Value: 1,734,293
  • Low Value: 1,123,318

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,423,400
  • Assessed Land Value: $632,700
  • Assessed Improvements Value: $790,700

    Sales

  • Current Sale Contract Date: May 08, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39227
  • Previous Sale Recording Date: May 27, 1998
  • Previous Sale Amount: $432,000
  • 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:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 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: 4 months ago
Data Source: MLS PIN, MLS# 72474951

Frequently Asked Questions

When was property at 17 Stevens Road built and last sold?
The property at 17 Stevens Road was built in 1925 and last sold on May 8, 2019 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 17 Stevens Road is $971,544.
What are some comparable homes to 17 Stevens Road?
There are currently no comparable homes to 17 Stevens Road.
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