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Needham 02492
63 Stratford Road
Photo of 63 Stratford Road
Sold on May 12, 2006

1

Map

$805,000
● House - Off Market

63 Stratford Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,300 Ft²
$1,484,675
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

WELL MAINTAINED CUSTOM BUILT HOME ON PRIVATE ACRE IN ESTATE AREA.  FIREPLACED LIVING ROOM WITH HUGE WINDOW OVERLOOKS CONSERVATION LAND. OPEN FLOOR PLAN, WONDERFUL FOR ENTERTAINING. WALK-OUT FAMILY ROOM, OFFICE AND EXERCISE ROOM. EXPANSION POSSIBILITIES.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$359
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1963

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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 #70347704)

Price History

Date / Event Date Event Price
May 12, 2006 Sold
Premium
Sold
Mar 15, 2006 Listed $825,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,924
  • 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: 1,786
  • Gross Building Area: 3,710
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • 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:211.0 B:0018 L:0000.0
  • Block: 18
  • Municipality: NEEDHAM
  • Latitude: 42.2637
  • Longitude: -71.2619

    Address

  • Full Address: 63 Stratford Rd
  • Address - House Number: 63
  • Address - Street Name: Stratford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C028
  • 4-Digit Zip Code: 1455
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,281,700

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 1,361,811
  • High Value: 1,524,345
  • Low Value: 1,199,277

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $982,900
  • Assessed Land Value: $713,800
  • Assessed Improvements Value: $269,100

    Sales

  • Current Sale Recording Date: May 12, 2006
  • Current Sale Price:
    Premium
  • Current 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:

$1,612,500

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4264 ft²

Average Home Age

37.7 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: 5 months ago
Data Source: MLS PIN, MLS# 70347704

Frequently Asked Questions

When was property at 63 Stratford Road built and last sold?
The property at 63 Stratford Road was built in 1963 and last sold on Jan 1, 1970 for $805,000.
How much is this home worth?
The estimated value of the home located at 63 Stratford Road is $854,745.
What are some comparable homes to 63 Stratford Road?
There are currently no comparable homes to 63 Stratford Road.
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