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Newton 02468 Waban
15 Varick Rd
$1,568,888
● House - Off Market

15 Varick Rd

Newton, MA 02468
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,700 Ft²
$9,144
Est. Monthly

About This Property

Outstanding opportunity to own a classic brick center entrance colonial with 5 bedrooms and 3 full baths in an A+ Waban location. This colonial home features a wonderful layout, high ceilings and oversized windows throughout. The first floor has an updated kitchen, formal dining room, living room with fireplace, two sun porches and an office. The 15k+ sf level lot features a nice garden area, inground gunite pool and plenty of additional yard space.  Upstairs, you will find 3 generous sized bedrooms, primary bath, guest bath and an additional office space or nursery.The spacious and bright third floor features two bedrooms and a full bathroom.  Two car detached garage, updated gas heat, hot water, electrical service and so much more.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$614
Property Type
House
Property Taxes
$1,003
HOA Dues
-
Year Built
1905

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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 #73166825)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Dec 4, 2023 In contract -
In contract
Nov 16, 2023 Price Decreased $1,658,000
↓ $92K (5.3%)
Price Decreased
Oct 20, 2023 Price Increased $1,749,900
↑ $92K (5.5%)
Price Increased
Oct 4, 2023 Listed by Coldwell Banker Realty - Waltham $1,658,000
Listed by Coldwell Banker Realty - Waltham

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 988
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,545
  • Total Building Area: 2,136
  • Gross Building Area: 4,336
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000357
  • 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: 374300

Zoning

  • Zoning: SR2

Geography

  • Account Number: 42006 0009
  • District: 207
  • Parcel: NEWT S:42 B:006 L:0009
  • Block: 6
  • Lot: 9
  • Municipality: NEWTON
  • Latitude: 42.3289
  • Longitude: -71.246

    Address

  • Full Address: 15 Varick Rd
  • Address - House Number: 15
  • Address - Street Name: Varick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waban
  • Carrier Code: C046
  • 4-Digit Zip Code: 1304
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,259,300

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 1,682,562
  • High Value: 1,812,777
  • Low Value: 1,552,346

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Recording Date: Jun 11, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1701236
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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$629

Below Asking

0.02%

Average Days on Market

75

Average Home Size

4826 ft²

Average Home Age

57.1 years

Currently For Sale

23 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73166825

Frequently Asked Questions

When was property at 15 Varick Road built and last sold?
The property at 15 Varick Road was built in 1905 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15 Varick Road is $1,674,580.
What are some comparable homes to 15 Varick Road?
There are currently no comparable homes to 15 Varick Road.
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