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Needham 02492
47 Nardone Rd
$2,700,000
● House - Off Market

47 Nardone Rd

Needham, MA 02492
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6,500 Ft²
$2,741,892
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

A modern masterpiece freshly finished and ready for the new owner. Sleek, stylish finishes throughout the expansive 6500 square feet of living space across three levels. Every box is checked including a beautiful designer kitchen with wet bar and large pantry, first floor office/bedroom with full bath, 10 foot ceilings, amazing primary suite with double walk-in closets, and huge finished lower level with bedroom and full bath. Second floor with four en-suites (including primary), all with great closet space and heated tile in the bathrooms. Extensively landscaped exterior with built in grill/kitchen perfect for entertaining. Terrific neighborhood with many other new construction homes. Move-in ready.
Unit Size
6,500 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$423
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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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 #73125294)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 29, 2023 In contract -
In contract
Jun 15, 2023 Listed by Keller Williams Realty $2,749,000
Listed by Keller Williams Realty
Feb 17, 2022 Sold
Premium
Sold
Jul 8, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,234
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,234
  • Gross Building Area: 2,468
  • Building Area: 1,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000430
  • Standard Land Use Code: 8014
  • County Land Use Code: 100

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 457200

Zoning

  • Zoning: B

Geography

  • Parcel: NEED M:121.0 B:0039 L:0000.0
  • Block: 39
  • Municipality: NEEDHAM
  • Latitude: 42.2893
  • Longitude: -71.2468

    Address

  • Full Address: 47 Nardone Rd
  • Address - House Number: 47
  • Address - Street Name: Nardone
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C017
  • 4-Digit Zip Code: 2022
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $659,800
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $506,000
  • Assessed Land Value: $506,000

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48138
  • Previous Sale Recording Date: Feb 17, 2022
  • Previous Sale Contract Date: Feb 17, 2022
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: O
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

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# 73125294

Frequently Asked Questions

When was property at 47 Nardone Road built and last sold?
The property at 47 Nardone Road was built in 1958 and last sold on Jul 27, 2023 for $2,700,000.
How much is this home worth?
The estimated value of the home located at 47 Nardone Road is $2,773,623.
What are some comparable homes to 47 Nardone Road?
There are currently no comparable homes to 47 Nardone Road.
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