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Needham 02492
89 Page Road
$946,000
● House - Off Market

89 Page Road

Needham, MA 02492
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,355 Ft²
$965,540
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Located on a side street in highly sought after neighborhood of several new construction homes.  Calling all renovators, builders, and ambitious 1st time buyers!!  Classic 1929 ranch style home.  Convenient access to Rtes 9,16, & 95.  Close to Commuter Rail.  Please do not walk land without contacting listing agent first.  Home is occupied.  Offers by 9:00AM on Thursday, August 13th.
Unit Size
1,355 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$557
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
2021

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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 #72706753)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Nov 17, 2020 Sold
Premium
Sold
Aug 9, 2020 Listed by William Raveis R.E. & Home Services $755,000
Listed by William Raveis R.E. & Home Services
Aug 15, 1979 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,355
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,533
  • Gross Building Area: 2,710
  • Building Area: 4,533
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,533
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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:054.0 B:0037 L:0000.0
  • Block: 37
  • Municipality: NEEDHAM
  • Latitude: 42.2858
  • Longitude: -71.225

    Address

  • Full Address: 89 Page Rd
  • Address - House Number: 89
  • Address - Street Name: Page
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3621
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,201,300
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 2,988,039
  • High Value: 3,479,017
  • Low Value: 2,497,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,455,000
  • Assessed Land Value: $586,100
  • Assessed Improvements Value: $1,868,900

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129533
  • Previous Sale Recording Date: Nov 17, 2020
  • Previous Sale Contract Date: Nov 12, 2020
  • Previous Sale Amount: $946,000
  • Previous Sale Document Type: O

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Type:
    Premium
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72706753

Frequently Asked Questions

When was property at 89 Page Road built and last sold?
The property at 89 Page Road was built in 2021 and last sold on Oct 7, 2021 for $2,358,700.
How much is this home worth?
The estimated value of the home located at 89 Page Road is $778,628.
What are some comparable homes to 89 Page Road?
There are currently no comparable homes to 89 Page Road.
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