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Needham 02494
73 Parker Rd
$725,000
● House - Off Market

73 Parker Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,891 Ft²
$1,267,360
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Fabulous classic Cape in a most desirable Needham neighborhood!  Enjoy this charming and lovely 3 bedroom home filled with built-in's and corner book cases.  Sun filled rooms delight on the first floor and all lead to the warmth of the front to back family room. Nicely updated kitchen and bathroom and a first floor master with extra closets complete the main level.  Two more bedrooms and a bathroom are on the second floor.  The finished basement is perfect for a playroom or media room or home office.  Throughout there are loads of closets and extra storage including an oversized basement with backyard access. Top it all off with a large sun room over looking a private, beautiful yard filled with perennial blackberries, rhubarb, grapes, and more....  Welcome home!
Unit Size
1,891 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$391
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1948

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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: 4 months ago (MLSPIN #71934499)

Price History

Date / Event Date Event Price
Mar 10, 2016 Sold
Premium
Sold
Nov 19, 2015 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $739,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Jul 8, 1981 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,119
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,992
  • Gross Building Area: 3,010
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:065.0 B:0068 L:0000.0
  • Block: 68
  • Municipality: NEEDHAM
  • Latitude: 42.294
  • Longitude: -71.2238

    Address

  • Full Address: 73 Parker Rd
  • Address - House Number: 73
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C058
  • 4-Digit Zip Code: 2038
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,248,200

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,310,226
  • High Value: 1,532,336
  • Low Value: 1,088,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $957,200
  • Assessed Land Value: $552,100
  • Assessed Improvements Value: $405,100

    Sales

  • Current Sale Recording Date: Mar 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21220
  • Previous Sale Recording Date: Jul 08, 1981
  • Previous Sale Amount: $98,000
  • 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

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 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# 71934499

Frequently Asked Questions

When was property at 73 Parker Road built and last sold?
The property at 73 Parker Road was built in 1948 and last sold on Jan 1, 1970 for $725,000.
How much is this home worth?
The estimated value of the home located at 73 Parker Road is $763,919.
What are some comparable homes to 73 Parker Road?
There are currently no comparable homes to 73 Parker Road.
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