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Newton 02458 Newton Corner
11 Richmond Rd
$830,000
● House - Off Market

11 Richmond Rd

Newton, MA 02458
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,010 Ft²
$1,613,374
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Fantastic location! This 3-bedroom, 2.5-bathroom brick house features a great floor plan with over 2,000 square feet. Hardwood floors throughout, spacious fully applianced kitchen, separate dining room, a living room with a fireplace. Lovely garden. Central air, washer/dryer. The attic has a lot of potential. 2-car detached garage, 3  tandem parking spaces. Easy access to schools, shopping, public transportation, Mass Pike.
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$423
Property Type
House
Property Taxes
$705
HOA Dues
-
Year Built
1940

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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 #71561107)

Price History

Date / Event Date Event Price
May 24, 2019 Sold
Premium
Sold
Nov 1, 2013 Sold
Premium
Sold
Jul 26, 2013 Listed by Boston Trend Real Estate $849,900
Listed by Boston Trend Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 954
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,001
  • Total Building Area: 2,033
  • Gross Building Area: 4,119
  • Building Area: 2,033
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,033
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 373500

Zoning

  • Zoning: SR2

Geography

  • Account Number: 13016 0010
  • District: 207
  • Parcel: NEWT S:13 B:016 L:0010
  • Block: 16
  • Lot: 10
  • Municipality: NEWTON
  • Latitude: 42.3468
  • Longitude: -71.19

    Address

  • Full Address: 11 Richmond Rd
  • Address - House Number: 11
  • Address - Street Name: Richmond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton
  • Carrier Code: C039
  • 4-Digit Zip Code: 2507
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,411,100

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,660,295
  • High Value: 1,933,451
  • Low Value: 1,387,139

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,445,800
  • Assessed Land Value: $929,800
  • Assessed Improvements Value: $516,000

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68898
  • Previous Sale Recording Date: Nov 01, 2013
  • Previous Sale Amount: $830,000
  • 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 Newton Corner

Stats & Trends

Median Asking:

$1,312,500

Sale Price/ft²

$545

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2803 ft²

Average Home Age

78.7 years

Currently For Sale

26 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

Unit for rent at 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71561107

Frequently Asked Questions

When was property at 11 Richmond Road built and last sold?
The property at 11 Richmond Road was built in 1940 and last sold on May 15, 2019 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 11 Richmond Road is $873,049.
What are some comparable homes to 11 Richmond Road?
There are currently no comparable homes to 11 Richmond Road.
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