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Needham 02492
9 Savoy Rd
$1,450,000
● House - Off Market

9 Savoy Rd

Needham, MA 02492
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,200 Ft²
$2,846,502
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Quality New Construction by a Quality Builder in a Quality Location, Birds Hill. 5200sqft Colonial home w/exterior & interior premium trim package, large kitchen & family room w/coffered ceiling, 14'x16' dining room w/tray ceiling, 5 bedrooms, 4.5 baths, huge master bedroom w/lgwalk-in closet, large level backyard. Finished lower level w/possibility of additional space which could include a full bath, bar area & media room. Energy efficient considerations throughout. Among the BEST on the market
Unit Size
5,200 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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 #71491223)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Mar 8, 2013 Listed by RE/MAX Executive Realty $1,485,000
Listed by RE/MAX Executive Realty
Aug 21, 2012 Sold
Premium
Sold
Apr 19, 2012 Listed by RE/MAX Executive Realty $629,000
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 2
  • Basement Area: 1,825
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 5,653
  • Gross Building Area: 7,477
  • Building Area: 5,653
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,653
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:025.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: NEEDHAM
  • Latitude: 42.2882
  • Longitude: -71.2149

    Address

  • Full Address: 9 Savoy Rd
  • Address - House Number: 9
  • Address - Street Name: Savoy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C019
  • 4-Digit Zip Code: 4035
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,340,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,580,060
  • High Value: 2,979,657
  • Low Value: 2,180,463

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,795,200
  • Assessed Land Value: $590,400
  • Assessed Improvements Value: $1,204,800

    Sales

  • Current Sale Recording Date: Jun 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Aug 21, 2012
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: O
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

4189 ft²

Average Home Age

38.3 years

Currently For Sale

66 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# 71491223

Frequently Asked Questions

When was property at 9 Savoy Road built and last sold?
The property at 9 Savoy Road was built in 2013 and last sold on Jan 1, 1970 for $1,430,000.
How much is this home worth?
The estimated value of the home located at 9 Savoy Road is $1,502,899.
What are some comparable homes to 9 Savoy Road?
There are currently no comparable homes to 9 Savoy Road.
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