$350,000
●
Condo -
Off Market
1075 Chestnut #2
Newton, MA
2 Beds
1 Bath
727 Ft²
$539,765
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Fantastic opportunity for an affordable 2 bedroom condo at The
Mills in historic Newton Upper Falls. This bright corner unit
has a wonderful open floor plan, nice sized bedrooms and tons of
updates including new carpet, granite kitchen, and fresh paint.
This unit comes with a deeded parking spot, low condo fees
which include heat, hot water, snow removal, grounds maintenance
and refuse removal, plus the laundry is conveniently located.
Other benefits include a new heating system for the building
within the last 5 years and no pending assessments! One block
from public tennis courts and playground, easy access to Elliot T
stop, bus, restaurants and shops. Minutes Route 9 & 128.
Don't miss this opportunity!
Unit Size
727 Ft²
Days on Market
-
Land Size
-
Price per sqft
$475
Property Type
Condo
Property Taxes
$237
HOA Dues
$287
Year Built
-
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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 years ago (MLSPIN #72276446)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Feb 1, 2018 | Listed by Coldwell Banker Realty - Newton | $345,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Vinyl, Countertops - Stone/Granite/Solid
Level: First
Features: Closet, Flooring - Wall to Wall Carpet
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: First
Features: Closet, Flooring - Stone/Ceramic Tile
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Utility Connections for Electric Range
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: First Floor, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Paved
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Mills Condominium Of Newton
Structure Type: Low-Rise
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MR3
Parcel Number: 694114
Water Source: Public
Financial Details
Tax Assessed Value: $255,900
Tax Annual Amount: $2,845
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry
Association Fee Frequency: Monthly
HOA Fee: $287
Community Features: Public Transportation, Shopping, Highway Access, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017