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Needham 02494
370 Central Avenue
Photo of 370 Central Avenue
Sold on Mar 20, 2008

1

Map

$450,000
● House - Off Market

370 Central Avenue

Needham, MA 02494
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,520 Ft²
$926,070
RealtyHop Estimate
101.76%
Since Apr 1, 2008
MA-Boston
Primary Model

About This Property

Charming Cape with curb appeal in desirable Needham setting. Lovely front to back LR w/fireplace.  3 season room overlooking private yard. Dining room with corner china cabinet. Spacious kitchen with built in table & benches. 3 generous size bedrooms on 2nd floor with bathroom.  Crown moldings, hardwood floors and freshly painted interior. Recreation room w/fireplace in LL with neutral wall to wall carpet.  A special home!
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$302
Property Type
House
Property Taxes
$372
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: 5 months ago (MLSPIN #70705085)

Price History

Date / Event Date Event Price
Mar 20, 2008 Sold
Premium
Sold
Jan 30, 2008 Listed $459,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 944
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 1,520
  • Gross Building Area: 2,464
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM HEIGHTS
  • Land Acres: 0000000560
  • 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:0057 L:0000.0
  • Block: 57
  • Municipality: NEEDHAM
  • Latitude: 42.3044
  • Longitude: -71.2396

    Address

  • Full Address: 370 Central Ave
  • Address - House Number: 370
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 1731
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $790,700

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 869,193
  • High Value: 999,820
  • Low Value: 738,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,400
  • Assessed Land Value: $425,900
  • Assessed Improvements Value: $180,500

    Sales

  • Current Sale Recording Date: Oct 22, 2013
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Mar 20, 2008
  • Previous Sale Amount: $450,000
  • 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

$532

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4218 ft²

Average Home Age

39.6 years

Currently For Sale

65 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: 5 months ago
Data Source: MLS PIN, MLS# 70705085

Frequently Asked Questions

When was property at 370 Central Avenue built and last sold?
The property at 370 Central Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 370 Central Avenue is $483,018.
What are some comparable homes to 370 Central Avenue?
There are currently no comparable homes to 370 Central Avenue.
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