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Needham 02492
38 Richard Rd
Photo of 38 Richard Rd
Sold on Aug 21, 2009

1

Map

$655,900
● House - Off Market

38 Richard Rd

Needham, MA 02492
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,110 Ft²
$1,376,304
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Expanded Raised Ranch with major renovations completed and ready for you to personalize. New great room/kitchen with Subzero,Fisher-Paykel dishdrawer, Thermadore double oven, granite,+. All 3 bathrooms recently renovated. Refinished hardwood floors, new roof and central air,newer windows and siding. Additional irrigation water meter.Minutes to school, commuter rail, major routes.
Unit Size
2,110 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$317
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1956

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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 #70917446)

Price History

Date / Event Date Event Price
Aug 21, 2009 Sold
Premium
Sold
May 12, 2009 Listed $669,000
Listed
Oct 5, 2001 Sold
Premium
Sold
Jun 22, 2001 Listed $499,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,750
  • Gross Building Area: 2,950
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:017.0 B:0030 L:0000.0
  • Block: 30
  • Municipality: NEEDHAM
  • Latitude: 42.2824
  • Longitude: -71.2097

    Address

  • Full Address: 38 Richard Rd
  • Address - House Number: 38
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C021
  • 4-Digit Zip Code: 4322
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,235,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,256,730
  • High Value: 1,469,341
  • Low Value: 1,044,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $947,700
  • Assessed Land Value: $589,200
  • Assessed Improvements Value: $358,500

    Sales

  • Current Sale Recording Date: Aug 21, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 95658
  • Previous Sale Recording Date: Oct 05, 2001
  • Previous Sale Amount: $475,000
  • 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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70917446

Frequently Asked Questions

When was property at 38 Richard Road built and last sold?
The property at 38 Richard Road was built in 1956 and last sold on Jan 1, 1970 for $655,900.
How much is this home worth?
The estimated value of the home located at 38 Richard Road is $698,088.
What are some comparable homes to 38 Richard Road?
There are currently no comparable homes to 38 Richard Road.
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