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Needham 02494
302 Central Ave
$460,000
● House - Off Market

302 Central Ave

Needham, MA 02494
bedrooms
2 Beds
bathrooms
1 Bath
square feet
950 Ft²
$779,075
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Wonderful  affordable opportunity  live in Needham. Set on a generous lot,  Bright and cheerful, this 1919 Gambrel Colonial has lovel period  detail. There is as breakfast counter in the kitchen and well proportioned dining room and  living room. The house has been insulated and freshly painted. It  has as newer windows.The deck overlooks a lovely yard.  Located in a very convenient area of Needham it is near highways and school and shopping.  Don't miss chance to live in private home instead of a condo..
Unit Size
950 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$495
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
2022

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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 #71992840)

Price History

Date / Event Date Event Price
Oct 11, 2016 Sold
Premium
Sold
Apr 21, 2016 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $470,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Jan 16, 2003 Sold
Premium
Sold
Oct 9, 2002 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $319,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 528
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,582
  • Gross Building Area: 1,478
  • Building Area: 2,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:092.0 B:0013 L:0000.0
  • Block: 13
  • Municipality: NEEDHAM
  • Latitude: 42.3063
  • Longitude: -71.2379

    Address

  • Full Address: 302 Central Ave
  • Address - House Number: 302
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 2438
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,119,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,391,003
  • High Value: 1,606,441
  • Low Value: 1,175,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,200
  • Assessed Land Value: $406,300
  • Assessed Improvements Value: $451,900

    Sales

  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104624
  • Previous Sale Recording Date: Jan 16, 2003
  • Previous Sale Amount: $319,000
  • 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:

$1,625,000

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# 71992840

Frequently Asked Questions

When was property at 302 Central Avenue built and last sold?
The property at 302 Central Avenue was built in 2022 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 302 Central Avenue is $466,739.
What are some comparable homes to 302 Central Avenue?
There are currently no comparable homes to 302 Central Avenue.
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