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Needham 02492
41 Greenwood Ave
$760,000
● House - Off Market

41 Greenwood Ave

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$833,784
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Fantastic Location. Great starter home in need of updating. First Time buyers willing to do the work or looking to downsize. Hardwood floors throughout, 3 bedrooms, Fireplace and sunroom. Finished second floor with hardwood floors. Full unfinished basement. Two car detached garage. Roof is 7 years old. Highly desirable  "Ladder Streets" one of Needham's much sought after neighborhoods. Short distance to Needham Center, Mitchell Elementary, Pollard Middle School and Needham High School. Close to Rt 128. Less than a mile from to Hersey Commuter Rail, Golf Course and Perry Park. Accompanied showings. Contractor and Builder opportunity.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$583
Property Type
House
Property Taxes
$738
HOA Dues
-
Year Built
1953

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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 #73001241)

Price History

Date / Event Date Event Price
Aug 19, 2022 Sold
Premium
Sold
Jun 21, 2022 Listed by Molisse Realty Group $798,000
Listed by Molisse Realty Group
Nov 14, 1975 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1999
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 912
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,368
  • Gross Building Area: 2,280
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:048.0 B:0049 L:0000.0
  • Block: 49
  • Municipality: NEEDHAM
  • Latitude: 42.282
  • Longitude: -71.2251

    Address

  • Full Address: 41 Greenwood Ave
  • Address - House Number: 41
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3401
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $924,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 960,039
  • High Value: 1,124,809
  • Low Value: 795,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $708,800
  • Assessed Land Value: $546,200
  • Assessed Improvements Value: $162,600

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74039
  • Previous Sale Recording Date: Sep 21, 2015
  • 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:

$1,612,500

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

63

Average Home Size

4224 ft²

Average Home Age

37.6 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73001241

Frequently Asked Questions

When was property at 41 Greenwood Avenue built and last sold?
The property at 41 Greenwood Avenue was built in 1953 and last sold on Aug 19, 2022 for $760,000.
How much is this home worth?
The estimated value of the home located at 41 Greenwood Avenue is $800,975.
What are some comparable homes to 41 Greenwood Avenue?
There are currently no comparable homes to 41 Greenwood Avenue.
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