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Needham 02492
228 Valley Road
$657,500
● House - Off Market

228 Valley Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,544 Ft²
$1,087,184
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Every once in a while a special property comes on the market!  Located in the desirable Broadmeadow school district, this eight room two and one half-bathroom multi-level with central AC has  been loved and beautifully maintained by the present owner.  Recently updated open kitchen and family room leads to a relaxing three season  15 x 12  "glass palace" enclosed porch..There is a laundry area and half bathroom off the family room.  The lower level consists of a 21 x18 great room, closets, a bathroom, and access to the utility area. There is a fence surrounding the level 15,248 private yard.  Easy access to major highways.
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$427
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
1952

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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 #72040677)

Price History

Date / Event Date Event Price
Nov 1, 2016 Sold
Premium
Sold
Jul 20, 2016 Listed by Hammond Residential Real Estate $659,000
Listed by Hammond Residential Real Estate
Nov 15, 1999 Sold
Premium
Sold
Jun 22, 1999 Listed by Louise Condon Realty $319,000
Listed by Louise Condon Realty
BEAUTIFULLY MAINTAINED 3 BEDROOM 2.5 BATH HOME. FORMAL DINING AND LIVINGROOM FOR ENTERTAINING. LARGE FAMILY ROOM OFF KITCHEN CREATES GREAT FAMILY SPACE. LOWER LEVEL FINISHED FOR PLAYROOM OR HOME OFFICE. DECK OVERLOOKS PRIVATE YARD.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,544
  • Gross Building Area: 2,648
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOVER ROADS ESTATES
  • Land Acres: 0000000350
  • 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:0005 L:0000.0
  • Block: 5
  • Municipality: NEEDHAM
  • Latitude: 42.2706
  • Longitude: -71.2014

    Address

  • Full Address: 228 Valley Rd
  • Address - House Number: 228
  • 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: $941,900

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,035,930
  • High Value: 1,192,911
  • Low Value: 878,949

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $722,300
  • Assessed Land Value: $472,400
  • Assessed Improvements Value: $249,900

    Sales

  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113696
  • Previous Sale Recording Date: Jan 04, 2016
  • 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

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# 72040677

Frequently Asked Questions

When was property at 228 Valley Road built and last sold?
The property at 228 Valley Road was built in 1952 and last sold on Jan 1, 1970 for $657,500.
How much is this home worth?
The estimated value of the home located at 228 Valley Road is $678,513.
What are some comparable homes to 228 Valley Road?
There are currently no comparable homes to 228 Valley Road.
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