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Needham 02494
54 Gary Road
Photo of 54 Gary Road
Sold on Sep 29, 2008

1

Map

$845,000
● House - Off Market

54 Gary Road

Needham, MA 02494
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,658 Ft²
$1,599,040
RealtyHop Estimate
101.14%
Since Oct 1, 2008
MA-Boston
Primary Model

About This Property

Move right in to this spacious and light-filled 5BR/3BA Contemporary home. It features an open floor plan, updated kitchen and baths, cathedral ceilings, luxurious master suite with steam shower and skylights, CAC, and oversized (2+)garage. Generous deck off the kitchen overlooks private grounds and a sparkling in-ground pool. Walk out lower level has fireplaced den, office, exercise room, au pair suite with full bath and kitchenette. Convenient to major roads and train. Mint condition!
Unit Size
2,658 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$299
Property Type
House
Property Taxes
$526
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 #70736766)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
Apr 6, 2021 Listed $1,199,000
Listed
Sep 29, 2008 Sold
Premium
Sold
Apr 2, 2008 Listed $795,000
Listed
Jun 24, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2015
  • 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: 19
  • 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: 1,786
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,034
  • Gross Building Area: 3,820
  • Building Area: 2,034
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,034
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM HEIGHTS
  • Land Acres: 0000000370
  • 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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:086.0 B:0053 L:0000.0
  • Block: 53
  • Municipality: NEEDHAM
  • Latitude: 42.3048
  • Longitude: -71.2334

    Address

  • Full Address: 54 Gary Rd
  • Address - House Number: 54
  • Address - Street Name: Gary
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C046
  • 4-Digit Zip Code: 2417
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,491,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,472,535
  • High Value: 1,720,122
  • Low Value: 1,224,949

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,143,800
  • Assessed Land Value: $490,800
  • Assessed Improvements Value: $653,000

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85759
  • Previous Sale Recording Date: Sep 29, 2008
  • Previous Sale Amount: $845,000
  • 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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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# 70736766

Frequently Asked Questions

When was property at 54 Gary Road built and last sold?
The property at 54 Gary Road was built in 1964 and last sold on Jun 30, 2021 for $1,225,000.
How much is this home worth?
The estimated value of the home located at 54 Gary Road is $1,198,111.
What are some comparable homes to 54 Gary Road?
There are currently no comparable homes to 54 Gary Road.
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