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Wellesley 02482
320 Grove St
$1,070,000
● House - Off Market

320 Grove St

Needham, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,261 Ft²
$2,415,877
RealtyHop Estimate
105.61%
Since Mar 1, 2013
MA-Boston
Primary Model

About This Property

Fantastic renovation of a classic colonial set in the glorious woods of Grove St! This complete renovation boasts: kitchen, baths, floors, windows, roof, everything!  Gorgeous SS&granite kitchen, mudroom, double side fireplace, large FR/LR, office/den with surround windows, beautiful mastersuite with sitting area and 4 more BR's, one with ensuite bath and 2nd flr laundry!  Walkout LL has 3 rooms AND a full size sauna! The grounds are spectacular!  Stream, bridges, trees...quiet!  Don't miss it!
Unit Size
4,261 Ft²
Days on Market
-
Land Size
4.60 acres
Price per sqft
$276
Property Type
House
Property Taxes
$907
HOA Dues
-
Year Built
1981

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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 #71443881)

Price History

Date / Event Date Event Price
Feb 15, 2013 Sold
Premium
Sold
Oct 3, 2012 Listed by Prudential Advantage Real Estate $1,175,000
Listed by Prudential Advantage Real Estate
Jan 11, 2012 Sold
Premium
Sold
Feb 26, 2011 Listed by Prudential Advantage Real Estate $795,000
Listed by Prudential Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2000
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,324
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 200,376
  • Total Building Area: 3,291
  • Gross Building Area: 4,615
  • Building Area: 3,291
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,291
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wellesley School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403501

Zoning

  • Zoning: SRA

Geography

  • Parcel: NEED M:220.0 B:0003 L:0000.0
  • Block: 3
  • Municipality: NEEDHAM
  • Latitude: 42.2791
  • Longitude: -71.2852

    Address

  • Full Address: 320 Grove St
  • Address - House Number: 320
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,603,100

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 1,733,967
  • High Value: 1,940,918
  • Low Value: 1,527,015

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,229,400
  • Assessed Land Value: $725,100
  • Assessed Improvements Value: $504,300

    Sales

  • Current Sale Recording Date: Feb 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000127
  • Previous Sale Recording Date: Jan 11, 2012
  • Previous Sale Amount: $737,000
  • 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 Wellesley

Stats & Trends

Median Asking:

$2,150,000

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4244 ft²

Average Home Age

53.4 years

Currently For Sale

56 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# 71443881

Frequently Asked Questions

When was property at 320 Grove Street built and last sold?
The property at 320 Grove Street was built in 1981 and last sold on Jan 1, 1970 for $1,070,000.
How much is this home worth?
The estimated value of the home located at 320 Grove Street is $1,179,135.
What are some comparable homes to 320 Grove Street?
There are currently no comparable homes to 320 Grove Street.
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