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Needham 02492
71 Robinwood Avenue
$1,010,000
● House - Off Market

71 Robinwood Avenue

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,554 Ft²
$1,046,589
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

This charming cape style home located on a quiet cul-de-sac is the one you have been looking for! On the main level of this home you'll find a formal living room w/ fireplace, formal dining room, kitchen with granite countertops, eating area and exterior access to the deck and private back yard, family room, office/guest bedroom and full bath. On the second level you will find a primary bedroom, two additional bedrooms & family bath. Lots of windows throughout make this home bright and sunny.  The large back yard is very private and the perfect spot to relax or entertain. Short distance to The Needham Town Forest, Needham Center shops, restaurant, commuter rail and much more.
Unit Size
1,554 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$634
Property Type
House
Property Taxes
$838
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 #73034028)

Price History

Date / Event Date Event Price
Oct 11, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $985,000
Relisted
Sep 8, 2022 Listed by Keller Williams Realty $985,000
Listed by Keller Williams Realty
Aug 14, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 792
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 1,554
  • Gross Building Area: 2,346
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEEDHAM
  • Land Acres: 0000000410
  • 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: 403300

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:136.0 B:0035 L:0000.0
  • Block: 35
  • Municipality: NEEDHAM
  • Latitude: 42.2698
  • Longitude: -71.248

    Address

  • Full Address: 71 Robinwood Ave
  • Address - House Number: 71
  • Address - Street Name: Robinwood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C005
  • 4-Digit Zip Code: 2112
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,031,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,082,785
  • High Value: 1,265,967
  • Low Value: 899,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $791,000
  • Assessed Land Value: $539,300
  • Assessed Improvements Value: $251,700

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88241
  • Previous Sale Recording Date: Jul 07, 2014
  • Previous Sale Document Type: 27
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

3984 ft²

Average Home Age

38.7 years

Currently For Sale

69 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: 4 months ago
Data Source: MLS PIN, MLS# 73034028

Frequently Asked Questions

When was property at 71 Robinwood Avenue built and last sold?
The property at 71 Robinwood Avenue was built in 1953 and last sold on Oct 11, 2022 for $1,010,000.
How much is this home worth?
The estimated value of the home located at 71 Robinwood Avenue is $984,607.
What are some comparable homes to 71 Robinwood Avenue?
There are currently no comparable homes to 71 Robinwood Avenue.
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