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Needham 02494
620 Central Avenue
$815,000
● House - Off Market

620 Central Avenue

Needham, MA 02494
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,400 Ft²
$1,747,762
RealtyHop Estimate
107.35%
Since Jun 1, 2012
MA-Boston
Primary Model

About This Property

NEW PRICE! Young,mint Colonial. Bright & airy home offers foyer, office, living room, dining room, Scandia Kitchen, family room w/fireplace, half bath, and mudroom on first floor.  Four large bedrooms, two baths, laundry and walk-up attic on second level. Huge master suite w/2 walk-in closets, whirlpool tub, cozy sitting area. Deck off the eating area, two car garage, sprinkler system, alarm system, Central Air; 200 amp CB,2 water meters.Home situated on level fenced lot. Near town/train.
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$248
Property Type
House
Property Taxes
$627
HOA Dues
-
Year Built
1999

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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 #71289338)

Price History

Date / Event Date Event Price
May 29, 2012 Sold
Premium
Sold
Sep 19, 2011 Listed by Coldwell Banker Residential Brokerage - Needham $842,900
Listed by Coldwell Banker Residential Brokerage - Needham
Nov 30, 2000 Sold
Premium
Sold
Apr 2, 2000 Listed by Coldwell Banker Residential Brokerage - Needham $635,000
Listed by Coldwell Banker Residential Brokerage - Needham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 2
  • Basement Area: 1,509
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 3,397
  • Gross Building Area: 4,906
  • Building Area: 3,397
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,397
  • 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: 403502

Zoning

  • Zoning: B

Geography

  • Parcel: NEED M:104.0 B:0005 L:0000.0
  • Block: 5
  • Municipality: NEEDHAM
  • Latitude: 42.2983
  • Longitude: -71.2464

    Address

  • Full Address: 620 Central Ave
  • Address - House Number: 620
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C051
  • 4-Digit Zip Code: 1463
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,374,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,657,840
  • High Value: 1,938,877
  • Low Value: 1,376,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,053,800
  • Assessed Land Value: $417,500
  • Assessed Improvements Value: $636,300

    Sales

  • Current Sale Recording Date: May 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Nov 30, 2000
  • Previous Sale Amount: $610,000
  • 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:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

3984 ft²

Average Home Age

38.7 years

Currently For Sale

69 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# 71289338

Frequently Asked Questions

When was property at 620 Central Avenue built and last sold?
The property at 620 Central Avenue was built in 1999 and last sold on Jan 1, 1970 for $815,000.
How much is this home worth?
The estimated value of the home located at 620 Central Avenue is $892,960.
What are some comparable homes to 620 Central Avenue?
There are currently no comparable homes to 620 Central Avenue.
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