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Needham 02492
722 Great Plain Ave
Photo of 722 Great Plain Ave
Sold on Apr 11, 2007

1

Map

$620,000
● House - Off Market

722 Great Plain Ave

Needham, MA 02492
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,824 Ft²
$1,262,173
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

Stately Center Entrance Colonial on corner lot in one of Needham's favorite in-town neighborhoods. This 1921 home has had significant improvements, new windows, new roof, new bath etc, yet maintains it's vintage charm and character. It has four floors of spacious living area, gleaming hardwood floors, period details and a delightful side porch off the living room. This home has everything you've been looking for: location, value and charm.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$370
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1921

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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: 5 months ago (MLSPIN #70525656)

Price History

Date / Event Date Event Price
Aug 19, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed $1,200,000
Listed
Apr 11, 2007 Sold
Premium
Sold
Feb 13, 2007 Listed $674,000
Listed
Aug 29, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 100
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,488
  • Gross Building Area: 2,604
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:039.0 B:0001 L:0000.0
  • Block: 1
  • Municipality: NEEDHAM
  • Latitude: 42.2801
  • Longitude: -71.2269

    Address

  • Full Address: 722 Great Plain Ave
  • Address - House Number: 722
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C006
  • 4-Digit Zip Code: 3327
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,315,200

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 1,245,417
  • High Value: 1,333,360
  • Low Value: 1,157,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,008,600
  • Assessed Land Value: $565,100
  • Assessed Improvements Value: $443,500

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108181
  • Previous Sale Recording Date: Apr 11, 2007
  • Previous Sale Amount: $620,000
  • 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

$532

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4145 ft²

Average Home Age

38.1 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70525656

Frequently Asked Questions

When was property at 722 Great Plain Avenue built and last sold?
The property at 722 Great Plain Avenue was built in 1921 and last sold on Aug 19, 2021 for $1,167,500.
How much is this home worth?
The estimated value of the home located at 722 Great Plain Avenue is $1,188,276.
What are some comparable homes to 722 Great Plain Avenue?
There are currently no comparable homes to 722 Great Plain Avenue.
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