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Needham 02494
433 Central Ave
$715,000
● House - Off Market

433 Central Ave

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,349,249
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

Start the New Year with your new home! This is a must see - Bright family room with gas fireplace and sliders to 12x16 deck. Family room open to eat-in kitchen. Comfortable living and dining rooms. Oversized bedrooms with terrific closet space. Large Master Bedroom with en suite bath and walk-in closet. Bonus play room or office in basement. Short walk to Eliot School with no major street crossings. Convenient to commuter routes and shopping. The value is here - while this home is situated on a well-traveled road, it means that you will save thousands over the price of a similar home on a quieter street. Call today for a showing tomorrow.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$308
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1993

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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 #71601188)

Price History

Date / Event Date Event Price
Apr 25, 2014 Sold
Premium
Sold
Oct 25, 2013 Listed by Keller Williams Realty $739,000
Listed by Keller Williams Realty
Dec 5, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 2,400
  • Gross Building Area: 3,600
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:105.0 B:0009 L:0000.0
  • Block: 9
  • Municipality: NEEDHAM
  • Latitude: 42.3031
  • Longitude: -71.242

    Address

  • Full Address: 433 Central Ave
  • Address - House Number: 433
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 1747
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,091,600

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,226,946
  • High Value: 1,413,379
  • Low Value: 1,040,513

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $837,100
  • Assessed Land Value: $480,700
  • Assessed Improvements Value: $356,400

    Sales

  • Current Sale Recording Date: Apr 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30457
  • Previous Sale Recording Date: Dec 05, 1997
  • Previous Sale Amount: $327,000
  • 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

$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# 71601188

Frequently Asked Questions

When was property at 433 Central Avenue built and last sold?
The property at 433 Central Avenue was built in 1993 and last sold on Jan 1, 1970 for $715,000.
How much is this home worth?
The estimated value of the home located at 433 Central Avenue is $777,775.
What are some comparable homes to 433 Central Avenue?
There are currently no comparable homes to 433 Central Avenue.
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