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Needham 02492
25 Mallard Road
$1,028,000
● House - Off Market

25 Mallard Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,105 Ft²
$1,016,602
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

The perfect holiday present is waiting for you!  Located a short distance from Volante Farms and the Sunita Williams Elementary School. Come add your decorating touches to make this Raised Ranch home your own. Sought after neighborhood convenient to town center. This sun filled home has been lovingly maintained and offers two levels of living space. The main level features three bedrooms, hardwood floors, living room with picture window & fireplace.  Extra large dining room with slider access to den.  Eat-in kitchen with vaulted ceiling and stainless steel appliances and a full bath.  The ground level walkout is completely finished and has a family room with fireplace with additional optimal space for a home office, full bath, laundry and loads of storage. Nicely landscaped 12000+sf level lot.
Unit Size
2,105 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$456
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
1962

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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 #73064044)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Dec 14, 2022 In contract -
In contract
Dec 9, 2022 Listed by William Raveis R.E. & Home Services $959,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 1,363
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,437
  • Gross Building Area: 2,800
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:127.0 B:0043 L:0000.0
  • Block: 43
  • Municipality: NEEDHAM
  • Latitude: 42.2846
  • Longitude: -71.2511

    Address

  • Full Address: 25 Mallard Rd
  • Address - House Number: 25
  • Address - Street Name: Mallard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C027
  • 4-Digit Zip Code: 1814
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,022,100

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 1,006,338
  • High Value: 1,077,399
  • Low Value: 935,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $783,800
  • Assessed Land Value: $509,300
  • Assessed Improvements Value: $274,500

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6868
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73064044

Frequently Asked Questions

When was property at 25 Mallard Road built and last sold?
The property at 25 Mallard Road was built in 1962 and last sold on Feb 3, 2023 for $1,028,000.
How much is this home worth?
The estimated value of the home located at 25 Mallard Road is $988,524.
What are some comparable homes to 25 Mallard Road?
There are currently no comparable homes to 25 Mallard Road.
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