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Needham 02492
3 Overlook Rd
Photo of 3 Overlook Rd

1

Map

$569,900
● House - Off Market

3 Overlook Rd

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,420 Ft²
$3,280
Est. Monthly

About This Property

Pride of ownership shows throughout this charming colonial set on a corner lot in a great neighborhood. It features a large fireplace livingroom, formal dining room, den and an eat in kitchen. full bath and a Side entrance heated foyer. Second floor has 3 three bedrooms and full bath. High ceilings, all hardwood floors, new carpet in basement, large level backyard. Close to town centre, train, stores and all.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$401
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1948

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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: 2 months ago (MLSPIN #71216978)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Aug 14, 2023 In contract -
In contract
Aug 10, 2023 Listed by Coldwell Banker Residential Brokerage - Dedham $959,000
Listed by Coldwell Banker Residential Brokerage - Dedham
May 31, 2012 Sold
Premium
Sold
Mar 30, 2012 Listed by Coldwell Banker Residential Brokerage - Dedham $545,000
Listed by Coldwell Banker Residential Brokerage - Dedham
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 744
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,292
  • Gross Building Area: 2,036
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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:138.0 B:0062 L:0000.0
  • Block: 62
  • Municipality: NEEDHAM
  • Latitude: 42.2756
  • Longitude: -71.2468

    Address

  • Full Address: 3 Overlook Rd
  • Address - House Number: 3
  • Address - Street Name: Overlook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C014
  • 4-Digit Zip Code: 1524
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $908,800

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 978,911
  • High Value: 1,145,355
  • Low Value: 812,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $696,900
  • Assessed Land Value: $529,700
  • Assessed Improvements Value: $167,200

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63334
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Amount: $521,500
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71216978

Frequently Asked Questions

When was property at 3 Overlook Road built and last sold?
The property at 3 Overlook Road was built in 1948 and last sold on Sep 28, 2023 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 3 Overlook Road is $957,325.
What are some comparable homes to 3 Overlook Road?
There are currently no comparable homes to 3 Overlook Road.
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