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Needham 02492
5 Glendale Road
$835,000
● House - Off Market

5 Glendale Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,568 Ft²
$1,479,151
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Classic Colonial Residence located in a distinctive Babson Park. Gracious fireplace living room, stunning picture window overlooks lush greenery, cozy family den,built-ins.  Dramatic Black and White Dream Kitchen,Brazilian Cherry Floors, High-end appliances. Beautifully landscaped grounds to complement this lovely home.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$520
Property Type
House
Property Taxes
$706
HOA Dues
-
Year Built
1964

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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 #71671343)

Price History

Date / Event Date Event Price
Aug 12, 2014 Sold
Premium
Sold
Apr 29, 2014 Listed by Coldwell Banker Residential Brokerage - Chestnut Hill $815,000
Listed by Coldwell Banker Residential Brokerage - Chestnut Hill

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • 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: 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: 660
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 2,406
  • Gross Building Area: 2,228
  • Building Area: 2,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,406
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:112.0 B:0048 L:0000.0
  • Block: 48
  • Municipality: NEEDHAM
  • Latitude: 42.2958
  • Longitude: -71.2568

    Address

  • Full Address: 5 Glendale Rd
  • Address - House Number: 5
  • Address - Street Name: Glendale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C017
  • 4-Digit Zip Code: 1320
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,456,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,534,686
  • High Value: 1,794,320
  • Low Value: 1,275,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,117,200
  • Assessed Land Value: $613,900
  • Assessed Improvements Value: $503,300

    Sales

  • Current Sale Recording Date: Aug 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1312483
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71671343

Frequently Asked Questions

When was property at 5 Glendale Road built and last sold?
The property at 5 Glendale Road was built in 1964 and last sold on Jan 1, 1970 for $835,000.
How much is this home worth?
The estimated value of the home located at 5 Glendale Road is $829,457.
What are some comparable homes to 5 Glendale Road?
There are currently no comparable homes to 5 Glendale Road.
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