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Needham 02492
176 Broad Meadow Rd
$1,390,000
● House - Off Market

176 Broad Meadow Rd

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,965 Ft²
$1,537,093
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

Absolutely stunning brick colonial, steps from the top rated Broad Meadow elementary. Gorgeous chef's kitchen and beautiful new baths are highlights of this 2022 complete renovation to the studs. A beautiful entry welcomes you to gleaming hardwoods that span the kitchen, living room (gas fire placed), dining room and sunroom on the first floor. The second floor has 3 bedrooms and 2 full baths, including a primary suite. The lower level has a newly finished playroom with gas fireplace and laundry area. There is a lovely side garden and seating area for your friends and family. This beautiful home is ideally located close to schools, commuter rail, town center and highway. A pristine property exactly where you want to live!
Unit Size
1,965 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$738
Property Type
House
Property Taxes
$802
HOA Dues
-
Year Built
1947

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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: 4 months ago (MLSPIN #73041687)

Price History

Date / Event Date Event Price
Feb 1, 2023 Sold
Premium
Sold
Nov 11, 2022 In contract -
In contract
Sep 28, 2022 Withdrawn -
Withdrawn
Sep 28, 2022 Listed by Gibson Sotheby's International Realty $1,450,000
Listed by Gibson Sotheby's International Realty
Sep 7, 2022 Listed by Gibson Sotheby's International Realty $1,600,000
Listed by Gibson Sotheby's International Realty
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 744
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,532
  • Gross Building Area: 2,276
  • Building Area: 1,532
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,532
  • Heating Fuel Type: 3

    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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:013.0 B:0035 L:0000.0
  • Block: 35
  • Municipality: NEEDHAM
  • Latitude: 42.2776
  • Longitude: -71.2099

    Address

  • Full Address: 176 Broad Meadow Rd
  • Address - House Number: 176
  • Address - Street Name: Broad Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C024
  • 4-Digit Zip Code: 4360
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,034,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 1,660,776
  • High Value: 1,778,049
  • Low Value: 1,543,503

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $793,400
  • Assessed Land Value: $583,900
  • Assessed Improvements Value: $209,500

    Sales

  • Current Sale Contract Date: Feb 01, 2023
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6220
  • Previous Sale Recording Date: Aug 18, 1989
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,629,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73041687

Frequently Asked Questions

When was property at 176 Broad Meadow Road built and last sold?
The property at 176 Broad Meadow Road was built in 1947 and last sold on Feb 1, 2023 for $1,390,000.
How much is this home worth?
The estimated value of the home located at 176 Broad Meadow Road is $1,448,521.
What are some comparable homes to 176 Broad Meadow Road?
There are currently no comparable homes to 176 Broad Meadow Road.
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