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Needham 02494
7 Ardmore Road
$457,500
● House - Off Market

7 Ardmore Road

Needham Heights, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,313 Ft²
$1,019,491
RealtyHop Estimate
112.84%
Since Apr 1, 2003
MA-Boston
Primary Model

About This Property

SUPER RANCH ON WELLESLEY LINE. HARDWOOD FLOORS, NEAR SCHOOLS BONUS FAMILY ROOM IN REAR OFF KITCHEN, 2 FULL BATHS, FINISHED LOWER LEVEL. IN GREAT SHAPE.
Unit Size
1,313 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$365
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
2003

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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 years ago (MLSPIN #30683702)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
Jul 14, 2016 Listed by Louise Condon Realty $1,250,000
Listed by Louise Condon Realty
Mar 31, 2003 Sold
Premium
Sold
Jan 25, 2003 Listed by Louise Condon Realty $479,000
Listed by Louise Condon Realty
Aug 19, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 9
  • 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: 2
  • Basement Area: 1,561
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 3,499
  • Gross Building Area: 5,060
  • Building Area: 3,499
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,499
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 403502

Zoning

  • Zoning: B

Geography

  • Parcel: NEED M:107.0 B:0056 L:0000.0
  • Block: 56
  • Municipality: NEEDHAM
  • Latitude: 42.305
  • Longitude: -71.2478

    Address

  • Full Address: 7 Ardmore Rd
  • Address - House Number: 7
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 1801
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,871,500

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,058,378
  • High Value: 2,371,145
  • Low Value: 1,745,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,435,200
  • Assessed Land Value: $489,600
  • Assessed Improvements Value: $945,600

    Sales

  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1361323
  • Previous Sale Recording Date: Aug 19, 1994
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 43
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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30683702

Frequently Asked Questions

When was property at 7 Ardmore Road built and last sold?
The property at 7 Ardmore Road was built in 2003 and last sold on Jan 1, 1970 for $1,285,000.
How much is this home worth?
The estimated value of the home located at 7 Ardmore Road is $0.
What are some comparable homes to 7 Ardmore Road?
There are currently no comparable homes to 7 Ardmore Road.
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