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Needham 02492
51 Ware Rd
$1,575,000
● House - Off Market

51 Ware Rd

Needham, MA 02492
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,500 Ft²
$2,504,623
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Absolutely GORGEOUS home that is designed and finished to appeal to the most discriminating buyer. From the gracious foyer, the first floor welcomes you with oversized living/dining rooms, a HUGE mudroom and an open chef's kitchen that expands into the family room the length of the house.  The second floor has a beautiful vaulted ceiling master, with large open spa like bath and two walk in closets. there is a finished third floor that runs the width of the house and has a full bath. The lower level has a great playroom and gym. The home is wired for sound and has an incredible fenced back yard. There are so many upgrades in this home, from the foam insulation, custom mill work, closets, lighting surround sound and more.
Unit Size
5,500 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$291
Property Type
House
Property Taxes
$1,506
HOA Dues
-
Year Built
2011

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72128695)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Mar 9, 2017 Listed by Benoit Mizner Simon & Co. - Needham - 936 Great Plain Ave. $1,599,000
Listed by Benoit Mizner Simon & Co. - Needham - 936 Great Plain Ave.
May 19, 2011 Sold
Premium
Sold
Dec 16, 2010 Listed by Benoit Mizner Simon & Co. - Needham - 936 Great Plain Ave. $1,439,000
Listed by Benoit Mizner Simon & Co. - Needham - 936 Great Plain Ave.
Aug 16, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • 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: 7
  • Basement Area: 1,704
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 4,660
  • Gross Building Area: 6,364
  • Building Area: 4,660
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,660
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:128.0 B:0022 L:0000.0
  • Block: 22
  • Municipality: NEEDHAM
  • Latitude: 42.283
  • Longitude: -71.2478

    Address

  • Full Address: 51 Ware Rd
  • Address - House Number: 51
  • Address - Street Name: Ware
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C027
  • 4-Digit Zip Code: 1821
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,162,400

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,420,505
  • High Value: 2,829,999
  • Low Value: 2,011,011

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,658,300
  • Assessed Land Value: $527,100
  • Assessed Improvements Value: $1,131,200

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1381505
  • Previous Sale Recording Date: May 19, 2011
  • Previous Sale Amount: $1,439,000
  • Previous Sale Document Type: 27
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72128695

Frequently Asked Questions

When was property at 51 Ware Road built and last sold?
The property at 51 Ware Road was built in 2011 and last sold on Jan 1, 1970 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 51 Ware Road is $1,616,612.
What are some comparable homes to 51 Ware Road?
There are currently no comparable homes to 51 Ware Road.
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