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Needham 02492
71 Fair Oaks Park
Photo of 71 Fair Oaks Park
Sold on Jun 29, 2010

1

Map

$1,022,500
● House - Off Market

71 Fair Oaks Park

Needham, MA 02492
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$2,215,229
RealtyHop Estimate
101.57%
Since Jul 1, 2010
MA-Boston
Primary Model

About This Property

Gracious Center Entrance Gambrel Colonial on Fair Oaks Park with 6 bedrooms, 2 1/2 baths, lovely front to back living room with fp, large Hostess DR w/built in china &  window seat, open kitchen/family room 1/2 bath,3 BR & fp den on 2nd floor, 2 BR on 3rd floor, 2 car garage, delightful screened porch for entertaining, great large yard for play in back, walk to Town shops and train to Boston, Classic home in sought after neighborhood, beautiful period details 2010 Gas Heat & HW
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$366
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1914

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #71024349)

Price History

Date / Event Date Event Price
Jun 11, 2010 Sold
Premium
Sold
Jan 27, 2010 Listed $1,099,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1998
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,619
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 3,615
  • Gross Building Area: 5,234
  • Building Area: 3,615
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,615
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKLAND HEIGHTS
  • Land Acres: 0000000280
  • 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:050.0 B:0062 L:0000.0
  • Block: 62
  • Municipality: NEEDHAM
  • Latitude: 42.282
  • Longitude: -71.2317

    Address

  • Full Address: 71 Fair Oaks Park
  • Address - House Number: 71
  • Address - Street Name: Fair Oaks
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Needham
  • Carrier Code: C006
  • 4-Digit Zip Code: 3103
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,968,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 2,052,127
  • High Value: 2,492,074
  • Low Value: 1,612,181

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,509,700
  • Assessed Land Value: $648,400
  • Assessed Improvements Value: $861,300

    Sales

  • Current Sale Recording Date: Jun 11, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 53850
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

3996 ft²

Average Home Age

38.3 years

Currently For Sale

70 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: 2 years ago
Data Source: MLS PIN, MLS# 71024349

Frequently Asked Questions

When was property at 71 Fair Oaks Park built and last sold?
The property at 71 Fair Oaks Park was built in 1914 and last sold on Jan 1, 1970 for $1,022,650.
How much is this home worth?
The estimated value of the home located at 71 Fair Oaks Park is $0.
What are some comparable homes to 71 Fair Oaks Park?
There are currently no comparable homes to 71 Fair Oaks Park.
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