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Needham 02492
65 Blacksmith Drive
$834,000
● House - Off Market

65 Blacksmith Drive

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,056 Ft²
$1,630,974
RealtyHop Estimate
90.09%
Since Mar 1, 2014
MA-Boston
Primary Model

About This Property

Open Floor Plan and Cathedral Ceilings invite you to settle in and relax in this warm and unique home.  Updated features include Granite S/S kitchen, Hardwood Floors, Three Fire Places, Four Bedrooms, Office and First floor FR,-  plus a  finished lower Level Great Room that  is perfect for family enjoyment, entertainment and has a Pellet  Stove and Custom 11' Granite Wet Bar.  Fenced yard.  2013 Roof.  Sundance Jacuzzi Tub. Undergound Sprinkler System.  This sought after location offers easy walk to town and train.
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$417
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1961

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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 #71605941)

Price History

Date / Event Date Event Price
Feb 21, 2014 Sold
Premium
Sold
Nov 7, 2013 Listed by Coldwell Banker Residential Brokerage - Needham $858,000
Listed by Coldwell Banker Residential Brokerage - Needham
Nov 30, 2004 Sold
Premium
Sold
Aug 13, 2004 Listed by Coldwell Banker Residential Brokerage - Needham $749,900
Listed by Coldwell Banker Residential Brokerage - Needham

Property Highlights

Garage
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • 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: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,056
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,056
  • Gross Building Area: 4,112
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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:129.0 B:0030 L:0000.0
  • Block: 30
  • Municipality: NEEDHAM
  • Latitude: 42.2837
  • Longitude: -71.2454

    Address

  • Full Address: 65 Blacksmith Dr
  • Address - House Number: 65
  • Address - Street Name: Blacksmith
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C014
  • 4-Digit Zip Code: 1924
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,199,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,355,563
  • High Value: 1,584,894
  • Low Value: 1,126,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,100
  • Assessed Land Value: $530,800
  • Assessed Improvements Value: $389,300

    Sales

  • Current Sale Recording Date: Feb 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1302394
  • Previous Sale Recording Date: Nov 30, 2004
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: 48
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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71605941

Frequently Asked Questions

When was property at 65 Blacksmith Drive built and last sold?
The property at 65 Blacksmith Drive was built in 1961 and last sold on Jan 1, 1970 for $834,000.
How much is this home worth?
The estimated value of the home located at 65 Blacksmith Drive is $875,954.
What are some comparable homes to 65 Blacksmith Drive?
There are currently no comparable homes to 65 Blacksmith Drive.
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