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Needham 02492
208 Valley Road
Photo of 208 Valley Road
Sold on Jun 16, 2008

1

Map

$1,139,000
● House - Off Market

208 Valley Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,960 Ft²
$2,243,177
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

Almost Complete! Absolutely gorgeous new construction in highly desirable broadmeadow location. Four to five spacious bedrooms with three full second floor baths and laundry. First floor boasts oversized living, dining and family rooms with a custom designed granite and cherry kitchen. Impeccable attention to detail,tons of light through the numerous Andersen casement windows and a huge 2 car garage and yard to welcome you home. Close to schools,commuter rail and highway, this home has it all!
Unit Size
3,960 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$288
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
2008

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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 #70743791)

Price History

Date / Event Date Event Price
May 25, 2021 Sold
Premium
Sold
Apr 6, 2021 Listed $1,795,000
Listed
Jun 16, 2008 Sold
Premium
Sold
Apr 14, 2008 Listed $1,139,000
Listed
May 31, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 1,538
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 3,703
  • Gross Building Area: 5,227
  • Building Area: 3,703
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,703
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • 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:001.0 B:0008 L:0000.0
  • Block: 8
  • Municipality: NEEDHAM
  • Latitude: 42.2712
  • Longitude: -71.2016

    Address

  • Full Address: 208 Valley Rd
  • Address - House Number: 208
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C013
  • 4-Digit Zip Code: 4703
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,112,300

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,145,760
  • High Value: 2,508,774
  • Low Value: 1,782,746

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,619,900
  • Assessed Land Value: $474,400
  • Assessed Improvements Value: $1,145,500

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68149
  • Previous Sale Recording Date: Jun 16, 2008
  • Previous Sale Amount: $1,139,000
  • 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

3996 ft²

Average Home Age

38.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70743791

Frequently Asked Questions

When was property at 208 Valley Road built and last sold?
The property at 208 Valley Road was built in 2008 and last sold on May 24, 2021 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 208 Valley Road is $1,801,642.
What are some comparable homes to 208 Valley Road?
There are currently no comparable homes to 208 Valley Road.
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