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Needham 02492
50 Aletha Rd
Photo of 50 Aletha Rd
Sold on Dec 2, 2008

1

Map

$890,000
● House - Off Market

50 Aletha Rd

Needham, MA 02492
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,244 Ft²
$1,994,433
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Beautifully built and very spacious 5 bedroom multi-colonial in popular Bird's Hill locale.This meticulously maintained home by original owners offers large rooms and plenty of them ! In addition there are FOUR wood burning fireplaces including one in a sitting room that is part of the Master Suite.  Don't miss this one !
Unit Size
3,244 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$289
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #70807677)

Price History

Date / Event Date Event Price
Dec 2, 2008 Sold
Premium
Sold
Aug 16, 2008 Listed $939,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 754
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,244
  • Gross Building Area: 3,998
  • Building Area: 3,244
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,244
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 25412A SHEET 03
  • Land Acres: 0000000260
  • 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:020.0 B:0017 L:0000.0
  • Block: 17
  • Municipality: NEEDHAM
  • Latitude: 42.2828
  • Longitude: -71.2122

    Address

  • Full Address: 50 Aletha Rd
  • Address - House Number: 50
  • Address - Street Name: Aletha
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C019
  • 4-Digit Zip Code: 4302
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,497,500

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,837,806
  • High Value: 2,242,313
  • Low Value: 1,433,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,148,400
  • Assessed Land Value: $591,200
  • Assessed Improvements Value: $557,200

    Sales

  • Current Sale Recording Date: Dec 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 176822
  • Previous Sale Recording Date: Jun 09, 2008
  • Previous Sale Document Type: 48
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

0.02%

Average Days on Market

65

Average Home Size

4163 ft²

Average Home Age

37.4 years

Currently For Sale

67 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# 70807677

Frequently Asked Questions

When was property at 50 Aletha Road built and last sold?
The property at 50 Aletha Road was built in 1963 and last sold on Jan 1, 1970 for $890,000.
How much is this home worth?
The estimated value of the home located at 50 Aletha Road is $946,249.
What are some comparable homes to 50 Aletha Road?
There are currently no comparable homes to 50 Aletha Road.
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