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Needham 02492
26 Parkvale Rd
$1,425,000
● House - Off Market

26 Parkvale Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,844 Ft²
$1,488,900
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Beautifully nestled among tall pines in sought after neighborhood, this wonderful Colonial is awaiting it's next family to call it home. Meticulously maintained, this well appointed home welcomes you with open arms. Appreciate the large living room and family room with double sided fireplace, gracious dining room perfect for entertaining, expansive kitchen & 4 large bedrooms including primary with private bath, two walk in closets and walk in  extra storage area. Expansive, private 26K level lot is perfect for summer cookouts or winter fun. Relax on the screened porch entertaining friends or just enjoying some quiet time. Conveniently located to commuter rail, schools, golf course and hiighway. Wonderful location and endless potenitals makes this home a true gem.
Unit Size
2,844 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$501
Property Type
House
Property Taxes
$1,075
HOA Dues
-
Year Built
1981

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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 #73002871)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
Jun 23, 2022 Listed by William Raveis R.E. & Home Services $1,425,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,584
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 2,844
  • Gross Building Area: 4,428
  • Building Area: 2,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,844
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000580
  • 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:010.0 B:0020 L:0000.0
  • Block: 20
  • Municipality: NEEDHAM
  • Latitude: 42.27
  • Longitude: -71.2154

    Address

  • Full Address: 26 Parkvale Rd
  • Address - House Number: 26
  • Address - Street Name: Parkvale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C002
  • 4-Digit Zip Code: 4119
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,336,600

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,544,910
  • High Value: 1,806,274
  • Low Value: 1,283,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,025,000
  • Assessed Land Value: $598,400
  • Assessed Improvements Value: $426,600

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69157

    Financing

  • First Mortgage Financing Type: ADJ
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

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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# 73002871

Frequently Asked Questions

When was property at 26 Parkvale Road built and last sold?
The property at 26 Parkvale Road was built in 1981 and last sold on Aug 3, 2022 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 26 Parkvale Road is $1,445,925.
What are some comparable homes to 26 Parkvale Road?
There are currently no comparable homes to 26 Parkvale Road.
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