CCertihomes
50 Central Avenue, Needham, MA 02494

$3,690,000

0 beds 0 baths 171 days on marketActive

About this home

A remarkable opportunity awaits with the Special Permit dated January 17th, 2023, covering parcels 40 and 50 Central Ave, totaling 32, 058 sq. ft.Please note that an existing structure on 50 Central Ave must be removed for the new building. This is ideal for project managers seeking a long-term investment or resale prospect.The seller is open to creative offers but does not provide projections or representations beyond the Special Permit.For further details, please contact your agent to request and obtain additional details.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$23,890/mo

Real estate (PITI + HOA + PMI)
$24,367
Principal + interest$16,736
Property tax + insurance$6,247
PMI / 2nd mortgage$1,384
Utilities
$1,394
Heating + cooling$535
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$158
$23,890/mo TLC
Budget$24,390/mo
Remaining after TLC$500/mo
Purchase price
$3,690,000
Down payment
$184,500 (5%)
Loan amount
$3,505,500
APR
4%

Quick facts

Type
LOT
Style
Year built
Lot size
0.74 ac
Stories
0
Heating
Cooling
Water
Public
HOA
Annual tax
$19,423
MLS #
73157459
County
Norfolk

Home features

Community
Other
Sewer
Other

Lot features

Other

Neighborhood — 02494

MetricThis ZIPCountyUSA
Population6,9646,444,931299,088,112
Population Change Since19907.00%7.00%20.00%
Population Density2,460786
Male3,2883,127,134147,432,321
Female3,6763,317,797151,655,844
Never Married1,2731,612,88563,775,926
Married3,2912,586,314123,120,365
Separated213247,85712,639,686
Widowed495363,59415,467,586
Divorced328436,88823,075,029
Number Of House Hold2,6052,431,591111,826,380
Average House Hold Size2.592.562.60
Medial Age42.8437.2535.46
Median House Hold Income$90,471$57,698$48,276
Average House Hold Income$121,504$75,023$63,629
P C I$47,905$29,196$24,529
M D I$71,016$48,105$41,133
A T H E$81,550$57,083$50,898
S T R5.00%5.00%
W C J82.36%81.38%77.74%
(Zip) Code
2494

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 9/8/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.