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Newton 02464 Newton Upper Falls
1146 Chestnut St
$565,188
● House - Off Market

1146 Chestnut St

Newton, MA 02464
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,568 Ft²
$821,472
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Attention Contractors, Builders, Homeowners, and Investors! Great opportunity to own this home in a Newton Upper Falls historic neighborhood! Good for investment property, starter home, or condo alternative. The first floor features an enclosed porch, living room, dining room and kitchen with hardwood floors. The second level has four bedrooms with hardwood floors and a full bathroom. Short distance to shops and restaurants. Minutes away from routes 9 and 128. Close to public transportation, and is on the # 59 bus stop. This home is to be sold As Is! Buyers recommended to do due diligence. A must see property to truly appreciate its value.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$351
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1910

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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: 6 months ago (MLSPIN #72417914)

Price History

Date / Event Date Event Price
Dec 19, 2018 Sold
Premium
Sold
Oct 31, 2018 Listed by William Raveis R.E. & Home Services $550,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 749
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,730
  • Total Building Area: 1,568
  • Gross Building Area: 2,443
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • 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: 374100

Zoning

  • Zoning: MR1

Geography

  • Account Number: 51040 0029
  • District: 207
  • Parcel: NEWT S:51 B:040 L:0029
  • Block: 40
  • Lot: 29
  • Municipality: NEWTON
  • Latitude: 42.31
  • Longitude: -71.2235

    Address

  • Full Address: 1146 Chestnut St
  • Address - House Number: 1146
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton Upper Falls
  • Carrier Code: C093
  • 4-Digit Zip Code: 1309
  • Zip Code: 02464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 756,722
  • High Value: 873,296
  • Low Value: 640,148

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193073
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 Upper Falls

Stats & Trends

Median Asking:

$1,212,000

Sale Price/ft²

$534

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2869 ft²

Average Home Age

84.8 years

Currently For Sale

6 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72417914

Frequently Asked Questions

When was property at 1146 Chestnut Street built and last sold?
The property at 1146 Chestnut Street was built in 1910 and last sold on Dec 7, 2018 for $565,188.
How much is this home worth?
The estimated value of the home located at 1146 Chestnut Street is $579,811.
What are some comparable homes to 1146 Chestnut Street?
There are currently no comparable homes to 1146 Chestnut Street.
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