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Needham 02492
56 Thornton Road
$764,000
● House - Off Market

56 Thornton Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,556 Ft²
$1,622,236
RealtyHop Estimate
105.61%
Since Mar 1, 2013
MA-Boston
Primary Model

About This Property

Great home in very desirable Broadmeadow school district!  A 2006 bi-level kitchen/master suite addition completely expands this updated cape offering four bedrooms with the possibility of five.  Expansive master suite, lower level playroom, walk-out basement, added window seats in expanded dormers and three full baths are just some of the thoughtful updates that this home offers.  Within walking distance to the commuter rail, the Needham golf course, and Defazio field and minutes from route 95.
Unit Size
2,556 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$309
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1951

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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 #71454688)

Price History

Date / Event Date Event Price
Feb 28, 2013 Sold
Premium
Sold
Nov 5, 2012 Listed by Century 21 Cahill Associates $789,000
Listed by Century 21 Cahill Associates
Sep 27, 2001 Sold
Premium
Sold
Aug 3, 2001 Listed by Century 21 Cahill Associates $459,000
Listed by Century 21 Cahill Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 945
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,234
  • Gross Building Area: 3,178
  • Building Area: 2,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:012.0 B:0063 L:0000.0
  • Block: 63
  • Municipality: NEEDHAM
  • Latitude: 42.2793
  • Longitude: -71.2122

    Address

  • Full Address: 56 Thornton Rd
  • Address - House Number: 56
  • Address - Street Name: Thornton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C024
  • 4-Digit Zip Code: 4330
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,221,300

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,413,011
  • High Value: 1,652,060
  • Low Value: 1,173,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $936,600
  • Assessed Land Value: $589,200
  • Assessed Improvements Value: $347,400

    Sales

  • Current Sale Recording Date: Feb 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 27, 2001
  • Previous Sale Amount: $446,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71454688

Frequently Asked Questions

When was property at 56 Thornton Road built and last sold?
The property at 56 Thornton Road was built in 1951 and last sold on Jan 1, 1970 for $764,000.
How much is this home worth?
The estimated value of the home located at 56 Thornton Road is $824,225.
What are some comparable homes to 56 Thornton Road?
There are currently no comparable homes to 56 Thornton Road.
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