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Needham 02492
63 Pond Street
$1,850,000
● House - Off Market

63 Pond Street

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,650 Ft²
$2,391,342
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION in desirable neighborhood.  Attractive open floor plan with three floors of living space. Large chefs kitchen boasts center island, SS appliances, wine chiller, and exhaust hood. Private office, coffered ceiling family room, living room, dining room and half bath complete first floor. Four spacious bedrooms with en-suite baths and spacious laundry room on second level. Exquisite master suite includes large walk-in closet, tiled shower, double vanity and soaking tub.  Backyard is perfect for hosting summer BBQs or spending time with family.  Town water and sewer.  Neighborhood is across from Newman Elementary School.  Walking distance to schools, Needham Center commuter rail, shops and cafes. Convenient to Route 128/95.  End of September completion.  Call listing agent for details.
Unit Size
4,650 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$402
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72708648)

Price History

Date / Event Date Event Price
Nov 19, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by Bertone Realty, Inc. $1,869,900
Listed by Bertone Realty, Inc.
Aug 30, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 7
  • Basement Area: 1,168
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 4,589
  • Gross Building Area: 2,336
  • Building Area: 4,589
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,589
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:142.0 B:0059 L:0000.0
  • Block: 59
  • Municipality: NEEDHAM
  • Latitude: 42.2808
  • Longitude: -71.2517

    Address

  • Full Address: 63 Pond St
  • Address - House Number: 63
  • Address - Street Name: Pond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1736
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,484,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,614,385
  • High Value: 3,019,299
  • Low Value: 2,209,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,905,200
  • Assessed Land Value: $506,300
  • Assessed Improvements Value: $1,398,900

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129593
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 29, 2019
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: O
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# 72708648

Frequently Asked Questions

When was property at 63 Pond Street built and last sold?
The property at 63 Pond Street was built in 2020 and last sold on Nov 19, 2020 for $1,850,000.
How much is this home worth?
The estimated value of the home located at 63 Pond Street is $1,890,770.
What are some comparable homes to 63 Pond Street?
There are currently no comparable homes to 63 Pond Street.
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