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Needham 02492
50 Stevens Rd
$860,000
● House - Off Market

50 Stevens Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,008 Ft²
$1,559,143
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Well maintained and updated home in premier Ladder Street location just steps to town, schools and train.  Side entrance colonial features a kitchen, powder room, fireplaced living room, spacious dining room and family room addition on first floor.  Three generous bedrooms with full bath on second floor.  Private third floor suite includes another full bath and two additional bedrooms and/or den/office space.  Yard has been meticulously cared for and maintained.
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$428
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1923

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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 #71688826)

Price History

Date / Event Date Event Price
Jul 31, 2014 Sold
Premium
Sold
May 29, 2014 Listed by Hawthorn Properties $860,000
Listed by Hawthorn Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • 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: 2,008
  • Gross Building Area: 2,728
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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:034.0 B:0036 L:0000.0
  • Block: 36
  • Municipality: NEEDHAM
  • Latitude: 42.2786
  • Longitude: -71.2258

    Address

  • Full Address: 50 Stevens Rd
  • Address - House Number: 50
  • Address - Street Name: Stevens
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C011
  • 4-Digit Zip Code: 3314
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,267,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,349,546
  • High Value: 1,577,859
  • Low Value: 1,121,234

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $971,800
  • Assessed Land Value: $633,000
  • Assessed Improvements Value: $338,800

    Sales

  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64609
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

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4088 ft²

Average Home Age

37.5 years

Currently For Sale

70 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# 71688826

Frequently Asked Questions

When was property at 50 Stevens Road built and last sold?
The property at 50 Stevens Road was built in 1923 and last sold on Jan 1, 1970 for $860,000.
How much is this home worth?
The estimated value of the home located at 50 Stevens Road is $880,474.
What are some comparable homes to 50 Stevens Road?
There are currently no comparable homes to 50 Stevens Road.
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