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Needham 02492
29 Wachusett Rd
$469,000
● House - Off Market

29 Wachusett Rd

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$835,681
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Reasonably priced home with 3 sunny bedrooms, 2 full baths on a side street close to Perry Park. This sturdy house with low utility bills has a fireplace in dining room with bay window, sun porch, large private outdoor patio space prefect for morning yoga and evening entertaining.  Awesome sunsets and low maintenance yard.  Walk to Hersey train,  Hazel's Bakery, Broadmeadow Elementary, Pollard Middle School and High School.  Parking for up to 4 cars and separate one car garage with additional storage space off Alpine Terrace.  Kitchen and baths need updating but make it your own.  Many new windows, cedar closet, built in storage in dining room, and pull-down attic access to more storage or expansion space.  Priced to sell!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$369
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1927

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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 #71815672)

Price History

Date / Event Date Event Price
Jun 26, 2015 Sold
Premium
Sold
Apr 11, 2015 Listed by Coldwell Banker Residential Brokerage - Needham $479,900
Listed by Coldwell Banker Residential Brokerage - Needham
Jul 2, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 648
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 830
  • Gross Building Area: 1,478
  • Building Area: 830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 830
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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:022.0 B:0080 L:0000.0
  • Block: 80
  • Municipality: NEEDHAM
  • Latitude: 42.2808
  • Longitude: -71.2169

    Address

  • Full Address: 29 Wachusett Rd
  • Address - House Number: 29
  • Address - Street Name: Wachusett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C031
  • 4-Digit Zip Code: 3922
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $788,500

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 817,797
  • High Value: 954,912
  • Low Value: 680,682

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,700
  • Assessed Land Value: $476,200
  • Assessed Improvements Value: $128,500

    Sales

  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58623
  • Previous Sale Recording Date: Jul 02, 1991
  • Previous Sale Amount: $172,000
  • 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:

$1,629,000

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# 71815672

Frequently Asked Questions

When was property at 29 Wachusett Road built and last sold?
The property at 29 Wachusett Road was built in 1927 and last sold on Jan 1, 1970 for $469,000.
How much is this home worth?
The estimated value of the home located at 29 Wachusett Road is $497,741.
What are some comparable homes to 29 Wachusett Road?
There are currently no comparable homes to 29 Wachusett Road.
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