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Needham 02492
32 Ridgeway Ave
Photo of 32 Ridgeway Ave
Sold on Jul 7, 2011

1

Map

$740,000
● House - Off Market

32 Ridgeway Ave

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,440 Ft²
$1,541,280
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

OPEN WED. 5-7 PM-3-min walk to Hersey Station. Exceptional 1900 home & later addition of kitchen/family room/ cathedraled master suite above. Great dining/living built-ins, pantry, 1/2 bath, and den off LR. Spacious custom deck off kitchen descends to private half acre grounds. All hardwoods refinished with gorgeous Maple on first and hard pine on 2nd. Master w/bath, +3 beds, 2nd oversized bath, alcove office on 2nd. Walk-up attic. Basement w/ garage size storage room & walkout. Gas furnace 2009
Unit Size
2,440 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$307
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1940

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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 #71220960)

Price History

Date / Event Date Event Price
Jul 6, 2011 Sold
Premium
Sold
Apr 24, 2011 Listed by Keller Williams Realty Boston-Metro | Back Bay $749,000
Listed by Keller Williams Realty Boston-Metro | Back Bay

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1997
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,412
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 3,140
  • Gross Building Area: 4,552
  • Building Area: 3,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,140
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:011.0 B:0043 L:0000.0
  • Block: 43
  • Municipality: NEEDHAM
  • Latitude: 42.2776
  • Longitude: -71.2157

    Address

  • Full Address: 32 Ridgeway Ave
  • Address - House Number: 32
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C024
  • 4-Digit Zip Code: 4220
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,301,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,514,340
  • High Value: 1,770,532
  • Low Value: 1,258,148

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $998,300
  • Assessed Land Value: $597,100
  • Assessed Improvements Value: $401,200

    Sales

  • Current Sale Recording Date: Jul 06, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000006
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# 71220960

Frequently Asked Questions

When was property at 32 Ridgeway Avenue built and last sold?
The property at 32 Ridgeway Avenue was built in 1940 and last sold on Jan 1, 1970 for $740,000.
How much is this home worth?
The estimated value of the home located at 32 Ridgeway Avenue is $785,009.
What are some comparable homes to 32 Ridgeway Avenue?
There are currently no comparable homes to 32 Ridgeway Avenue.
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