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Needham 02492
59 Robinwood Avenue
$663,000
● House - Off Market

59 Robinwood Avenue

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$1,132,224
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Home is available for sale as is or would make a beautiful build able lot for new construction.  Large front to back lot is conforming.  A 2,000 gallon storage tank for heating oil is underground at front of the home installed in 1979.  Homes on both sides of home are well taken care of with professional landscaping.  Many homes on the street are new construction and this would make the perfect neighborhood home.  Location is great and everything you need is nearby.  Lots backs up to conservation land. Come check it out anytime call to set up an appointment.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$476
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
2016

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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 #72016471)

Price History

Date / Event Date Event Price
Sep 2, 2016 Sold
Premium
Sold
Jun 2, 2016 Listed by Attire Real Estate $679,900
Listed by Attire Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,284
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 3,052
  • Gross Building Area: 4,336
  • Building Area: 3,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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: 403300

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:136.0 B:0033 L:0000.0
  • Block: 33
  • Municipality: NEEDHAM
  • Latitude: 42.2701
  • Longitude: -71.2479

    Address

  • Full Address: 59 Robinwood Ave
  • Address - House Number: 59
  • Address - Street Name: Robinwood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C005
  • 4-Digit Zip Code: 2112
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,645,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,755,903
  • High Value: 2,027,856
  • Low Value: 1,483,951

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,261,900
  • Assessed Land Value: $489,200
  • Assessed Improvements Value: $772,700

    Sales

  • Current Sale Recording Date: Sep 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89494
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

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 years

Currently For Sale

66 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# 72016471

Frequently Asked Questions

When was property at 59 Robinwood Avenue built and last sold?
The property at 59 Robinwood Avenue was built in 2016 and last sold on Jan 1, 1970 for $663,000.
How much is this home worth?
The estimated value of the home located at 59 Robinwood Avenue is $692,600.
What are some comparable homes to 59 Robinwood Avenue?
There are currently no comparable homes to 59 Robinwood Avenue.
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