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Needham 02492
65 Rivard Road
$661,500
● House - Off Market

65 Rivard Road

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,696 Ft²
$1,201,474
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

WONDERFUL ONE FLOOR LIVING!  The entire home is nestled in among trees in a beautiful setting and convenient prime location! This ranch home is in excellent mint condition offering 3 bedrooms, 1 1/2 baths on the first floor and a tiled shower and sink on the lower level.  The first floor full bath has a heated floor!  Other features include a spacious living room, separate dining room, a fireplaced family room with beam accents, and a state of the art kitchen with an island/breakfast bar adjoining a private patio.  The house also has gas heat, a two car detached garage and a shed.  Recent improvements include new high efficiency central air, newer windows and the electrical system has been totally updated.  The location is superb for walking to town and train!  A unique opportunity!
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$389
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1953

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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 #71705846)

Price History

Date / Event Date Event Price
Sep 16, 2014 Sold
Premium
Sold
Jun 27, 2014 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $659,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Jan 11, 2013 Sold
Premium
Sold
Oct 4, 2012 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $618,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Jul 3, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 2020
  • Total Rooms: 12
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,456
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,234
  • Gross Building Area: 3,152
  • Building Area: 3,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,234
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 1646N
  • Land Acres: 0000000250
  • 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:140.0 B:0025 L:0000.0
  • Block: 25
  • Municipality: NEEDHAM
  • Latitude: 42.28
  • Longitude: -71.2477

    Address

  • Full Address: 65 Rivard Rd
  • Address - House Number: 65
  • Address - Street Name: Rivard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C029
  • 4-Digit Zip Code: 1727
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,620,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,797,168
  • High Value: 2,075,512
  • Low Value: 1,518,824

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,242,300
  • Assessed Land Value: $527,500
  • Assessed Improvements Value: $714,800

    Sales

  • Current Sale Recording Date: Sep 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1314710
  • Previous Sale Recording Date: Jan 11, 2013
  • Previous Sale Amount: $607,000
  • 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:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 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: 4 months ago
Data Source: MLS PIN, MLS# 71705846

Frequently Asked Questions

When was property at 65 Rivard Road built and last sold?
The property at 65 Rivard Road was built in 1953 and last sold on Jan 1, 1970 for $661,500.
How much is this home worth?
The estimated value of the home located at 65 Rivard Road is $680,214.
What are some comparable homes to 65 Rivard Road?
There are currently no comparable homes to 65 Rivard Road.
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