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Needham 02492
73 Dedham Avenue
$646,625
● House - Off Market

73 Dedham Avenue

Needham, MA 02492
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,206 Ft²
$980,080
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Fabulous New Price! Great condo alternative steps away from all that downtown Needham has to offer! 5 minute walk to 2 train stations and multiple bus stops. This beautiful home has been lovingly maintained with many updates including the roof, windows, driveway, landscaping, kitchen and bathrooms. High ceilings and sparkling hardwood floors throughout! The quaint living room has a working fireplace, formal dining room with built-in corner cabinet, front three season porch, updated kitchen with granite counter tops, new cabinets and stainless steel appliances. Don't miss out on seeing this gem - Open House Sunday, 8/28 2:30-4pm!
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$568
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1924

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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 #72513565)

Price History

Date / Event Date Event Price
Sep 18, 2019 Sold
Premium
Sold
Jun 5, 2019 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $685,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jul 18, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 2015
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 594
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,382
  • Gross Building Area: 1,800
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEHOIDEN LAND CO LTS
  • Land Acres: 0000000100
  • 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: GR

Geography

  • Parcel: NEED M:047.0 B:0040 L:0000.0
  • Block: 40
  • Municipality: NEEDHAM
  • Latitude: 42.2792
  • Longitude: -71.2349

    Address

  • Full Address: 73 Dedham Ave
  • Address - House Number: 73
  • Address - Street Name: Dedham
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Needham
  • Carrier Code: C032
  • 4-Digit Zip Code: 3009
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $971,500

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 897,404
  • High Value: 1,089,275
  • Low Value: 705,534

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $745,000
  • Assessed Land Value: $434,500
  • Assessed Improvements Value: $310,500

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83711
  • Previous Sale Recording Date: Jul 18, 2002
  • Previous Sale Amount: $345,000
  • 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

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72513565

Frequently Asked Questions

When was property at 73 Dedham Avenue built and last sold?
The property at 73 Dedham Avenue was built in 1924 and last sold on Sep 18, 2019 for $646,625.
How much is this home worth?
The estimated value of the home located at 73 Dedham Avenue is $688,958.
What are some comparable homes to 73 Dedham Avenue?
There are currently no comparable homes to 73 Dedham Avenue.
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