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Needham 02492
689 Great Plain Ave
$760,500
● House - Off Market

689 Great Plain Ave

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,900 Ft²
$1,290,425
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Open House Sunday 7/31 12:00-1:00! Unique Colonial filled with charm and character! Imagine a short walk to Needham Center, The Farmer Market on Sunday's, Hersey Train, Mitchell School, Pollard Middle School, Needham High School and Perry Park. First floor with airy, open floor plan filled with natural light. Granite and stainless kitchen with exposed brick flows into the Family and Dining Room featuring beautiful beams from re-claimed Fanueil Hall wood, arched entryways, and skylights. Finished lower level with playroom, den/bedroom, craftsmen bar, sauna, and full bath. Professionally landscaped flat fenced in yard with large patio and irrigation system is the perfect place to play, entertain and relax.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$267
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1950

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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 #71995501)

Price History

Date / Event Date Event Price
Sep 22, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by RE/MAX Home Team $774,900
Listed by RE/MAX Home Team
Apr 13, 2009 Sold
Premium
Sold
Feb 13, 2009 Listed by RE/MAX Home Team $699,000
Listed by RE/MAX Home Team
Aug 3, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 984
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,070
  • Gross Building Area: 3,073
  • Building Area: 2,070
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLES COURT EAST
  • Land Acres: 0000000200
  • 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: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:048.0 B:0058 L:0000.0
  • Block: 58
  • Municipality: NEEDHAM
  • Latitude: 42.2806
  • Longitude: -71.2254

    Address

  • Full Address: 689 Great Plain Ave
  • Address - House Number: 689
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3317
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,580,600

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,248,400
  • High Value: 1,515,315
  • Low Value: 981,484

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,212,100
  • Assessed Land Value: $484,800
  • Assessed Improvements Value: $727,300

    Sales

  • Current Sale Contract Date: Sep 20, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1362808
  • Previous Sale Recording Date: Apr 13, 2009
  • Previous Sale Amount: $683,000
  • 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:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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# 71995501

Frequently Asked Questions

When was property at 689 Great Plain Avenue built and last sold?
The property at 689 Great Plain Avenue was built in 1950 and last sold on Sep 20, 2016 for $760,500.
How much is this home worth?
The estimated value of the home located at 689 Great Plain Avenue is $820,890.
What are some comparable homes to 689 Great Plain Avenue?
There are currently no comparable homes to 689 Great Plain Avenue.
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