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Needham 02492
50 Valley Rd
Photo of 50 Valley Rd
Sold on Nov 6, 2008

1

Map

$575,000
● House - Off Market

50 Valley Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$1,202,785
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Superbly maintained house in a great neighborhood. This house is absolutely in move-in condition. Newer kitchen with Corian counter tops, plenty of maple cabinets. Gleaming hardwood floors. Family room, play room, full bath on lower level as well as office or 4th bedroom. Large unheated three season room with steps leading out to a fenced back yard and in-ground pool. A very open and usable floor plan. Walk to the train. Situated on more than a quarter acre of land. Come see and move right in.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$338
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1957

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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 #70815273)

Price History

Date / Event Date Event Price
Nov 6, 2008 Sold
Premium
Sold
Sep 4, 2008 Listed $575,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 1,170
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,170
  • Gross Building Area: 2,340
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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:003.0 B:0025 L:0000.0
  • Block: 25
  • Municipality: NEEDHAM
  • Latitude: 42.276
  • Longitude: -71.2023

    Address

  • Full Address: 50 Valley Rd
  • Address - House Number: 50
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C013
  • 4-Digit Zip Code: 4721
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $883,300

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 964,273
  • High Value: 1,122,717
  • Low Value: 805,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $677,400
  • Assessed Land Value: $466,200
  • Assessed Improvements Value: $211,200

    Sales

  • Current Sale Recording Date: Nov 06, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 103368
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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 70815273

Frequently Asked Questions

When was property at 50 Valley Road built and last sold?
The property at 50 Valley Road was built in 1957 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 50 Valley Road is $599,720.
What are some comparable homes to 50 Valley Road?
There are currently no comparable homes to 50 Valley Road.
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