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Needham 02494
94 Ardmore Rd
$1,150,000
● House - Off Market

94 Ardmore Rd

Needham, MA 02494
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,914 Ft²
$802,008
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Located in a sought-after neighborhood, this classic ranch is waiting for contractors, builders, and buyers to bring their vision to transform this property into a dream home. This property is conveniently located near shops, transportation, parks, and Elliot School. The home is being sold 'AS IS' and buyers are responsible for doing their own due diligence. Wonderful location and endless possibilities! Private showings by appointment only. Please do not walk the property without the listing agent under any circumstances.  Covid 19 precautions are in place. Must wear a mask to view the property.
Unit Size
1,914 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$366
Property Type
House
Property Taxes
$705
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: 5 years ago (MLSPIN #72820869)

Price History

Date / Event Date Event Price
Oct 4, 2022 Sold
Premium
Sold
Jul 7, 2021 Sold
Premium
Sold
May 5, 2021 Listed by Hawthorn Properties $700,000
Listed by Hawthorn Properties

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,186
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 2,853
  • Gross Building Area: 3,100
  • Building Area: 2,853
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,853
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • 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: B

Geography

  • Parcel: NEED M:106.0 B:0047 L:0000.0
  • Block: 47
  • Municipality: NEEDHAM
  • Latitude: 42.3056
  • Longitude: -71.2434

    Address

  • Full Address: 94 Ardmore Rd
  • Address - House Number: 94
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C055
  • 4-Digit Zip Code: 1833
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,792,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,124,005
  • High Value: 2,496,286
  • Low Value: 1,751,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,374,300
  • Assessed Land Value: $498,800
  • Assessed Improvements Value: $875,500

    Sales

  • Current Sale Contract Date: Oct 04, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86792
  • Previous Sale Recording Date: Jul 07, 2021
  • Previous Sale Contract Date: Jul 07, 2021
  • Previous Sale Amount: $1,150,000
  • 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

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

3984 ft²

Average Home Age

38.7 years

Currently For Sale

69 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: 5 years ago
Data Source: MLS PIN, MLS# 72820869

Frequently Asked Questions

When was property at 94 Ardmore Road built and last sold?
The property at 94 Ardmore Road was built in 2021 and last sold on Oct 4, 2022 for $2,800,000.
How much is this home worth?
The estimated value of the home located at 94 Ardmore Road is $0.
What are some comparable homes to 94 Ardmore Road?
There are currently no comparable homes to 94 Ardmore Road.
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