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Needham 02492
178 Richardson Drive
Photo of 178 Richardson Drive
Sold on Jun 11, 2004

1

Map

$793,800
● House - Off Market

178 Richardson Drive

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,674 Ft²
$1,509,152
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

Wonderful Multi-level Colonial located at end of cul-de-sac in great famly neighborhood. Three large bedrooms, master suite, built-in's and a wonderful back yard. Finished basement with fireplace not included in square footage.  A must see!
Unit Size
2,674 Ft²
Days on Market
-
Land Size
1.86 acres
Price per sqft
$299
Property Type
House
Property Taxes
$776
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #70010542)

Price History

Date / Event Date Event Price
Jun 11, 2004 Sold
Premium
Sold
Mar 24, 2004 Listed $799,900
Listed
Jul 20, 1999 Sold
Premium
Sold
May 26, 1999 Listed $535,000
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 840
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,022
  • Total Building Area: 2,800
  • Gross Building Area: 3,640
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINCHESTER PLACE
  • Land Acres: 0000001860
  • 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: 403300

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:206.0 B:0064 L:0000.0
  • Block: 64
  • Municipality: NEEDHAM
  • Latitude: 42.2658
  • Longitude: -71.2472

    Address

  • Full Address: 178 Richardson Dr
  • Address - House Number: 178
  • Address - Street Name: Richardson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C005
  • 4-Digit Zip Code: 2854
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,305,300

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,468,397
  • High Value: 1,695,822
  • Low Value: 1,240,973

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,001,000
  • Assessed Land Value: $520,500
  • Assessed Improvements Value: $480,500

    Sales

  • Current Sale Recording Date: Jun 11, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 155302
  • Previous Sale Recording Date: Jul 20, 1999
  • Previous Sale Amount: $530,500
  • Previous Sale Document Type: 48
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

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4088 ft²

Average Home Age

37.5 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70010542

Frequently Asked Questions

When was property at 178 Richardson Drive built and last sold?
The property at 178 Richardson Drive was built in 1963 and last sold on Jan 1, 1970 for $793,800.
How much is this home worth?
The estimated value of the home located at 178 Richardson Drive is $829,906.
What are some comparable homes to 178 Richardson Drive?
There are currently no comparable homes to 178 Richardson Drive.
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