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Newton 02465 West Newton
1415 Commonwealth Avenue
$3,000,000
● House - Off Market

1415 Commonwealth Avenue

Newton, MA 02465
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
3,718 Ft²
$7,862,720
RealtyHop Estimate
149.61%
Since Aug 1, 2001
MA-Boston
Primary Model

About This Property

GRAND 1926 TUDOR ON 47550+/- W/GUNITE POOL&CABANA.POTENTIAL BUILDABLE LOT.KITCHEN LEADS TO GLASS FLORIDA RM.STEP-DOWN LR W/FP,LIB.,DINING RM W/FRENCH DOORS IDEAL FOR ENTERTAINING NR BRAEBURN CC,PIKE,RT.128,PEIRCE SCHOOL.MARKETED W/SOTHEBY
Unit Size
3,718 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$847
Property Type
House
Property Taxes
$1,449
HOA Dues
-
Year Built
2003

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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 years ago (MLSPIN #30502552)

Price History

Date / Event Date Event Price
Jul 17, 2001 Sold
Premium
Sold
May 8, 2001 Listed by Hammond Residential R. E. $3,150,000
Listed by Hammond Residential R. E.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 4,220
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,096
  • Total Building Area: 7,542
  • Gross Building Area: 12,471
  • Building Area: 7,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,542
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001081
  • 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: 374400

Zoning

  • Zoning: SR1

Geography

  • Account Number: 32033 0007
  • District: 207
  • Parcel: NEWT S:32 B:033 L:0007
  • Block: 33
  • Lot: 7
  • Municipality: NEWTON
  • Latitude: 42.3377
  • Longitude: -71.2244

    Address

  • Full Address: 1415 Commonwealth Ave
  • Address - House Number: 1415
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Newton
  • Carrier Code: C002
  • 4-Digit Zip Code: 2829
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,004,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 4,726,278
  • High Value: 5,457,951
  • Low Value: 3,994,604

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,127,500
  • Assessed Land Value: $1,840,700
  • Assessed Improvements Value: $3,286,800

    Sales

  • Current Sale Recording Date: Jul 17, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 West Newton

Stats & Trends

Median Asking:

$1,295,000

Sale Price/ft²

$597

Below Asking

0.02%

Average Days on Market

67

Average Home Size

4622 ft²

Average Home Age

50 years

Currently For Sale

27 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 70 Hope Ave, Waltham, MA, 02453

$3,395 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30502552

Frequently Asked Questions

When was property at 1415 Commonwealth Avenue built and last sold?
The property at 1415 Commonwealth Avenue was built in 2003 and last sold on Jan 1, 1970 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 1415 Commonwealth Avenue is $3,004,551.
What are some comparable homes to 1415 Commonwealth Avenue?
There are currently no comparable homes to 1415 Commonwealth Avenue.
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