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Newton 02465 West Newton
15 Rangeley Rd
$970,000
● House - Off Market

15 Rangeley Rd

Newton, MA 02465
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,394 Ft²
$1,710,845
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

THIS QUINTESSENTIAL RENOVATED COLONIAL IS IN MINT CONDITION AND IS LOCATED ON A LOVELY NEIGHBORHOOD IN WEST NEWTON  CLOSE TO FRANKLIN ELEMENTARY SCHOOL. WONDERFUL FLOOR PLAN. THE KITCHEN WAS RENOVATED AND HAS GRANITE COUNTERTOPS AND SS APPLIANCES. THERE IS A FAMILY ROOM ADDITION WITH SURROUND SOUND. THE LIVING ROOM HAS A FIREPLACE AND ACCESS TO A LOVELY PORCH. THERE IS A FORMAL DINING ROOM. THE 2ND FLOOR HAS THREE BEDROOMS AND A RENOVATED BATHROOM. THE MASTER BEDROOM ADDITION IS ON THE 3RD FLOOR AND HAS BUILT-INS AND  AN ALCOVE THAT IS PERFECT FOR A DESK. INTERCOM SYSTEM. TWO CAR DETACHED GARAGE, PATIO, SPRINKLER SYSTEM WITH ITS OWN WATER METER FOR THE NICE LEVEL YARD. NEAR THE COMMUTER RAIL, STORES AND RESTAURANTS.
Unit Size
2,394 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$409
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1928

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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 #71867889)

Price History

Date / Event Date Event Price
Oct 23, 2015 Sold
Premium
Sold
Jul 5, 2015 Listed by LBK Realty $979,000
Listed by LBK Realty
Jun 3, 1997 Sold
Premium
Sold
Apr 12, 1997 Listed by LBK Realty $329,000
Listed by LBK Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,024
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 2,284
  • Gross Building Area: 3,870
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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: 374600

Zoning

  • Zoning: SR3

Geography

  • Account Number: 34023 0007
  • District: 207
  • Parcel: NEWT S:34 B:023 L:0007
  • Block: 23
  • Lot: 7
  • Municipality: NEWTON
  • Latitude: 42.3578
  • Longitude: -71.2253

    Address

  • Full Address: 15 Rangeley Rd
  • Address - House Number: 15
  • Address - Street Name: Rangeley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Newton
  • Carrier Code: C020
  • 4-Digit Zip Code: 1218
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,089,500

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 1,490,424
  • High Value: 1,826,326
  • Low Value: 1,154,521

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,116,300
  • Assessed Land Value: $799,200
  • Assessed Improvements Value: $317,100

    Sales

  • Current Sale Recording Date: Oct 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180675
  • Previous Sale Recording Date: Jun 03, 1997
  • Previous Sale Amount: $310,000
  • Previous 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:

$1,299,000

Sale Price/ft²

$587

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3769 ft²

Average Home Age

60.1 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

$3,531 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
237 Moody St. #2 Bedrooms BB, Waltham, MA, 02453 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# 71867889

Frequently Asked Questions

When was property at 15 Rangeley Road built and last sold?
The property at 15 Rangeley Road was built in 1928 and last sold on Jan 1, 1970 for $970,000.
How much is this home worth?
The estimated value of the home located at 15 Rangeley Road is $1,017,569.
What are some comparable homes to 15 Rangeley Road?
There are currently no comparable homes to 15 Rangeley Road.
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