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Needham 02492
47 Mayo Avenue
Photo of 47 Mayo Avenue
Sold on Sep 29, 2006

1

Map

$940,000
● House - Off Market

47 Mayo Avenue

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,592 Ft²
$1,710,795
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

Location, Location, Location! Beautiful 4 bedrm, 2.5 bath Colonial w/formal fireplaced living rm & formal dining rm. Gourmet kitchen w/custom cabinetry, granite & stainless steel appliances. Family rm w/lovely views of backyard gardens. 2nd flr boasts 4 bedrms, updated bathrm & master ste w/walk-in closets, private master bath. 2 fin. rms in bsmnt. Landscaping has been featured in local & national publications for outstanding landscape design. Gt. location, walk to town, schools & train.
Unit Size
2,592 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$362
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1914

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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 #70360936)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
Mar 10, 2021 Listed $1,399,000
Listed
Sep 29, 2006 Sold
Premium
Sold
Apr 4, 2006 Listed $939,000
Listed
Jul 1, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,417
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,586
  • Gross Building Area: 4,003
  • Building Area: 2,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFIELD GARDENS
  • Land Acres: 0000000200
  • 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:039.0 B:0009 L:0000.0
  • Block: 9
  • Municipality: NEEDHAM
  • Latitude: 42.2788
  • Longitude: -71.2273

    Address

  • Full Address: 47 Mayo Ave
  • Address - House Number: 47
  • Address - Street Name: Mayo
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C011
  • 4-Digit Zip Code: 3323
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,809,200

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,768,342
  • High Value: 2,072,089
  • Low Value: 1,464,595

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,387,400
  • Assessed Land Value: $634,400
  • Assessed Improvements Value: $753,000

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84018
  • Previous Sale Recording Date: Sep 29, 2006
  • Previous Sale Amount: $940,000
  • 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# 70360936

Frequently Asked Questions

When was property at 47 Mayo Avenue built and last sold?
The property at 47 Mayo Avenue was built in 1914 and last sold on Jun 28, 2021 for $1,505,000.
How much is this home worth?
The estimated value of the home located at 47 Mayo Avenue is $1,420,728.
What are some comparable homes to 47 Mayo Avenue?
There are currently no comparable homes to 47 Mayo Avenue.
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