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Needham 02492
566 Great Plain Avenue
Photo of 566 Great Plain Avenue
Sold on Jun 29, 2009

1

Map

$425,000
● House - Off Market

566 Great Plain Avenue

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,520 Ft²
$930,223
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

Classic 1920's Gambrel CE Colonial w/lots of charm & traditional detailing.  Wide open foyer, gracious living room w/fireplace, built-in book cases. Formal dining room w/built-in china cabinet. Sun-filled den/office. 3 bedrooms w/large closets. Full bath on 2nd floor. Newly refinished hard wood flooring throughout. All interior walls & ceilings freshly painted. New forced hot air furnace. Young roof.  Walk to town, train & Perry Park.  The only thing missing is YOU!
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$295
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1926

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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: 5 months ago (MLSPIN #70900333)

Price History

Date / Event Date Event Price
Jun 29, 2009 Sold
Premium
Sold
Apr 8, 2009 Listed $449,000
Listed

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1997
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,520
  • Gross Building Area: 2,336
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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:031.0 B:0060 L:0000.0
  • Block: 60
  • Municipality: NEEDHAM
  • Latitude: 42.2799
  • Longitude: -71.2196

    Address

  • Full Address: 566 Great Plain Ave
  • Address - House Number: 566
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C008
  • 4-Digit Zip Code: 3747
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $794,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 859,679
  • High Value: 988,529
  • Low Value: 730,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,000
  • Assessed Land Value: $463,500
  • Assessed Improvements Value: $145,500

    Sales

  • Current Sale Recording Date: Jun 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71850
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:

$1,612,500

Sale Price/ft²

$533

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4116 ft²

Average Home Age

38.9 years

Currently For Sale

67 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: 5 months ago
Data Source: MLS PIN, MLS# 70900333

Frequently Asked Questions

When was property at 566 Great Plain Avenue built and last sold?
The property at 566 Great Plain Avenue was built in 1926 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 566 Great Plain Avenue is $471,155.
What are some comparable homes to 566 Great Plain Avenue?
There are currently no comparable homes to 566 Great Plain Avenue.
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