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Newton 02464 Newton Upper Falls
153 Oak St
$460,000
● House - Off Market

153 Oak St

Newton, MA 02464
bedrooms
1 Bed
bathrooms
1 Bath
square feet
656 Ft²
$547,687
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to the Oak Street Cottage! Rare opportunity to get into Newton at this price point! Fantastic condo alternative: a single-family Bungalow-Cottage in desirable Newton Upper Falls with private yard for grilling and gardening. Gleaming hardwood floors and replacement windows throughout, the Oak Street Cottage 1+ BR has a flexible floor plan with bedroom, dining room, living room and eat-in-kitchen / work space and is move-in ready. Condo fee is ZERO because it would be all yours! One car off-street parking. Great location: close to the Charles River and green multi-use Upper Falls Greenway trail, ¼ mile from plentiful shopping, restaurants, health clinics. ½ mile from Rt. 128 for easy commuting. Public transportation: near Eliot Green Line and 59 bus to Needham Heights and Newtonville commuter rail.
Unit Size
656 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$761
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #72917822)

Price History

Date / Event Date Event Price
Jan 26, 2022 Sold
Premium
Sold
Nov 8, 2021 Listed by Coldwell Banker Realty - Newton $499,000
Listed by Coldwell Banker Realty - Newton
Aug 4, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,808
  • Total Building Area: 656
  • Gross Building Area: 1,360
  • Building Area: 656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000042
  • 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: 51048 0011
  • District: 207
  • Parcel: NEWT S:51 B:048 L:0011
  • Block: 48
  • Lot: 11
  • Municipality: NEWTON
  • Latitude: 42.3079
  • Longitude: -71.2187

    Address

  • Full Address: 153 Oak St
  • Address - House Number: 153
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton Upper Falls
  • Carrier Code: C093
  • 4-Digit Zip Code: 1442
  • Zip Code: 02464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $419,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2623
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 502,024
  • High Value: 633,715
  • Low Value: 370,334

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14278
  • Previous Sale Recording Date: Aug 04, 1993
  • Previous Sale Amount: $82,500
  • 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 Newton Upper Falls

Stats & Trends

Median Asking:

$1,225,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

51

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: 5 months ago
Data Source: MLS PIN, MLS# 72917822

Frequently Asked Questions

When was property at 153 Oak Street built and last sold?
The property at 153 Oak Street was built in 1915 and last sold on Jan 26, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 153 Oak Street is $501,589.
What are some comparable homes to 153 Oak Street?
There are currently no comparable homes to 153 Oak Street.
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