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Needham 02492
178 Thornton Road
$372,500
● House - Off Market

178 Thornton Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,860 Ft²
$1,392,436
RealtyHop Estimate
267.40%
Since Nov 1, 1998
MA-Boston
Primary Model

About This Property

SPACIOUS AND SUNNY WELL BUILT CAPE. CHARMING LIVING ROOM, 1ST FLOOR FAMILY ROOM. NEWER KITCHEN, LOWER LEVEL PLAY ROOM. MANY SPECIAL FEATURES. PRIVATE SETTING AT END OF CUL DE SAC. DECK OVERLOOKS PRIVATE YARD. WALK TO SCHOOL AND TRAIN.
Unit Size
1,860 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$204
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30256332)

Price History

Date / Event Date Event Price
Oct 21, 1998 Sold
Premium
Sold
Sep 8, 1998 Listed by Louise Condon Realty $379,000
Listed by Louise Condon Realty
Aug 27, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,176
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 2,124
  • Gross Building Area: 3,300
  • Building Area: 2,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,124
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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:024.0 B:0040 L:0000.0
  • Block: 40
  • Municipality: NEEDHAM
  • Latitude: 42.2826
  • Longitude: -71.2155

    Address

  • Full Address: 178 Thornton Rd
  • Address - House Number: 178
  • Address - Street Name: Thornton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C024
  • 4-Digit Zip Code: 4349
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,184,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,315,897
  • High Value: 1,519,702
  • Low Value: 1,112,092

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $908,300
  • Assessed Land Value: $598,900
  • Assessed Improvements Value: $309,400

    Sales

  • Current Sale Recording Date: Oct 21, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Previous Sale Recording Date: Aug 27, 1991
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 43
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

4189 ft²

Average Home Age

38.3 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 years ago
Data Source: MLS PIN, MLS# 30256332

Frequently Asked Questions

When was property at 178 Thornton Road built and last sold?
The property at 178 Thornton Road was built in 1950 and last sold on Jan 1, 1970 for $372,500.
How much is this home worth?
The estimated value of the home located at 178 Thornton Road is $0.
What are some comparable homes to 178 Thornton Road?
There are currently no comparable homes to 178 Thornton Road.
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