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Needham 02492
61 Crestview Road
$1,525,000
● House - Off Market

61 Crestview Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,186 Ft²
$1,505,030
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Possibilities abound with this stately 4 bedroom colonial home located on a cul-de-sac and situated on an acre of land abutting the woods offering a private and peaceful setting.  The first floor features an eat-in kitchen, formal dining room, oversized living room, and fireplaced family room. Enjoy the beauty of the outdoors in the bright sunroom which provides a wonderful space to soak up the sun and enjoy the views of the surrounding landscape.  The second floor has a primary suite with walk-in closet and bath. 3 additional bedrooms, a bonus room and a full bath complete this floor. The finished lower level provides ample space for entertainment, recreation, storage and more.  Don't miss out on this incredible opportunity to make it your own!
Unit Size
3,186 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$471
Property Type
House
Property Taxes
$1,215
HOA Dues
-
Year Built
1974

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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 #73100612)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
Apr 25, 2023 In contract -
In contract
Apr 19, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,500,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jun 28, 1985 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,512
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 3,186
  • Gross Building Area: 4,698
  • Building Area: 3,186
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,186
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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: SRA

Geography

  • Parcel: NEED M:209.0 B:0013 L:0000.0
  • Block: 13
  • Municipality: NEEDHAM
  • Latitude: 42.2594
  • Longitude: -71.2565

    Address

  • Full Address: 61 Crestview Rd
  • Address - House Number: 61
  • Address - Street Name: Crestview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C023
  • 4-Digit Zip Code: 2707
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,437,500

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,585,631
  • High Value: 1,857,994
  • Low Value: 1,313,268

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,102,400
  • Assessed Land Value: $701,600
  • Assessed Improvements Value: $400,800

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36772
  • Previous Sale Recording Date: Jun 28, 1985
  • Previous Sale Amount: $314,900
  • 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

4242 ft²

Average Home Age

40.1 years

Currently For Sale

68 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# 73100612

Frequently Asked Questions

When was property at 61 Crestview Road built and last sold?
The property at 61 Crestview Road was built in 1974 and last sold on Jun 15, 2023 for $1,525,000.
How much is this home worth?
The estimated value of the home located at 61 Crestview Road is $1,529,966.
What are some comparable homes to 61 Crestview Road?
There are currently no comparable homes to 61 Crestview Road.
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