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Needham 02494
61 Wayne Rd
Photo of 61 Wayne Rd
Sold on Nov 5, 2009

1

Map

$460,500
● House - Off Market

61 Wayne Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,132 Ft²
$955,578
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

Tidy ranch in nice location close to park, train & shopping. This 3 bed, 1.5 bath home features a roomy & level back yard w/mature trees in a friendly neighborhood. Freshly painted inside w/newly refinished hardwood floors throughout. New deck off kitchen perfect for grilling & entertaining. Two fireplaces. Formal dining room. Famroom on lower level. Perfect for downsizers or those just starting out. No showings til 1st OH, Sun. 9/20 12-2. Owners will begin reviewing offers on 9/21.
Unit Size
1,132 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$405
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
2010

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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 #70976711)

Price History

Date / Event Date Event Price
Nov 12, 2010 Sold
Premium
Sold
Jul 8, 2010 Listed $1,289,000
Listed
Nov 6, 2009 Sold
Premium
Sold
Sep 17, 2009 Listed $459,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,822
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 4,704
  • Gross Building Area: 6,526
  • Building Area: 4,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,704
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNYSIDE DEV
  • Land Acres: 0000000310
  • 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: B

Geography

  • Parcel: NEED M:096.0 B:0067 L:0000.0
  • Block: 67
  • Municipality: NEEDHAM
  • Latitude: 42.3015
  • Longitude: -71.2393

    Address

  • Full Address: 61 Wayne Rd
  • Address - House Number: 61
  • Address - Street Name: Wayne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C042
  • 4-Digit Zip Code: 1720
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,094,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,343,148
  • High Value: 2,706,052
  • Low Value: 1,980,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,606,100
  • Assessed Land Value: $486,500
  • Assessed Improvements Value: $1,119,600

    Sales

  • Current Sale Recording Date: Nov 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 117969
  • Previous Sale Recording Date: Nov 06, 2009
  • Previous Sale Amount: $460,500
  • 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:

$1,625,000

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# 70976711

Frequently Asked Questions

When was property at 61 Wayne Road built and last sold?
The property at 61 Wayne Road was built in 2010 and last sold on Jan 1, 1970 for $1,260,000.
How much is this home worth?
The estimated value of the home located at 61 Wayne Road is $1,311,616.
What are some comparable homes to 61 Wayne Road?
There are currently no comparable homes to 61 Wayne Road.
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