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Needham 02494
8 Cefalo Rd
$909,830
● House - Off Market

8 Cefalo Rd

Needham, MA 02494
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,715 Ft²
$1,105,625
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Yes, your search over! Well cared for classic Colonial on a cul-de-sac, a block from the brand new Williams elementary school an easy stroll to Volante Farms.  Freshly renovated eat-in kitchen adjoins a fireplace family and half bath.  Gracious living room and formal dining room grace the first floor.  Four spacious bedrooms and 2 full baths complete the second floor.  Need more? Finished walk out lower level, easy access garage, quiet street. Dreams do come true!
Unit Size
1,715 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$563
Property Type
House
Property Taxes
$705
HOA Dues
-
Year Built
1969

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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: 5 years ago (MLSPIN #72842671)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Thread Real Estate, LLC $965,000
Listed by Thread Real Estate, LLC
Aug 14, 1972 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 868
  • 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: 1,715
  • Gross Building Area: 2,583
  • Building Area: 1,715
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,715
  • Heating Fuel Type: 2

    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: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:108.0 B:0014 L:0000.0
  • Block: 14
  • Municipality: NEEDHAM
  • Latitude: 42.2978
  • Longitude: -71.2471

    Address

  • Full Address: 8 Cefalo Rd
  • Address - House Number: 8
  • Address - Street Name: Cefalo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C051
  • 4-Digit Zip Code: 1406
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,159,300

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,180,682
  • High Value: 1,379,197
  • Low Value: 982,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $889,000
  • Assessed Land Value: $491,200
  • Assessed Improvements Value: $397,800

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93307
  • Previous Sale Recording Date: Aug 14, 1972
  • Previous Sale Amount: $43,500
  • 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:

$1,629,000

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: 5 years ago
Data Source: MLS PIN, MLS# 72842671

Frequently Asked Questions

When was property at 8 Cefalo Road built and last sold?
The property at 8 Cefalo Road was built in 1969 and last sold on Jul 16, 2021 for $909,830.
How much is this home worth?
The estimated value of the home located at 8 Cefalo Road is $969,075.
What are some comparable homes to 8 Cefalo Road?
There are currently no comparable homes to 8 Cefalo Road.
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