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Needham 02492
207 Great Plain Avenue
$840,500
● House - Off Market

207 Great Plain Avenue

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,667 Ft²
$1,201,600
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Welcome Home! This beautiful Colonial has many wonderful features starting with the first floor formal living room with fireplace, fantastic kitchen w/granite countertops and stainless steel appliances, half bath, dining room w/ built in china cabinet and family room w/ cathedral ceiling and direct access to the backyard. The second floor has 3 spacious bedrooms and full bath.  The lower level has a finished playroom that is great for children and family to gather and relax or watch a movie. The large back yard has a deck and patio that are great for entertaining and cookouts.  Located within a short walking distance to Hersey Train Station, Broadmeadow and close to major routes.
Unit Size
1,667 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$504
Property Type
House
Property Taxes
$708
HOA Dues
-
Year Built
1951

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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 #72507878)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
May 29, 2019 Listed by Keller Williams Realty $839,900
Listed by Keller Williams Realty
Nov 28, 2012 Sold
Premium
Sold
Sep 6, 2012 Listed by Keller Williams Realty $649,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 728
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,667
  • Gross Building Area: 2,395
  • Building Area: 1,667
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,667
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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:005.0 B:0060 L:0000.0
  • Block: 60
  • Municipality: NEEDHAM
  • Latitude: 42.2721
  • Longitude: -71.2084

    Address

  • Full Address: 207 Great Plain Ave
  • Address - House Number: 207
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 4103
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,135,000

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,212,387
  • High Value: 1,396,107
  • Low Value: 1,028,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $870,400
  • Assessed Land Value: $583,800
  • Assessed Improvements Value: $286,600

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1428886
  • Previous Sale Recording Date: Nov 28, 2012
  • Previous Sale Amount: $649,000
  • Previous Sale Document Type: O
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

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 72507878

Frequently Asked Questions

When was property at 207 Great Plain Avenue built and last sold?
The property at 207 Great Plain Avenue was built in 1951 and last sold on Aug 27, 2019 for $840,500.
How much is this home worth?
The estimated value of the home located at 207 Great Plain Avenue is $846,843.
What are some comparable homes to 207 Great Plain Avenue?
There are currently no comparable homes to 207 Great Plain Avenue.
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