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Newton 02468 Waban
16 Allen Avenue
$588,500
● House - Off Market

16 Allen Avenue

Newton, MA 02468
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,074 Ft²
$1,629,726
RealtyHop Estimate
172.07%
Since Jan 1, 2001
MA-Boston
Primary Model

About This Property

SPACIOUS FAMILY HOME ON ONE OF WABAN'S PRETTIEST STREETS LARGER THAN IT APPEARS FROM THE CURB, WITH AN ENORMOUS MASTER SUITE, A TWO TIER DECK OVERLOOKING A LEVEL YARD WELL MAINTAINED AND READY FOR FAMILY LIVING
Unit Size
2,074 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$289
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1940

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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 #30432377)

Price History

Date / Event Date Event Price
Dec 20, 2000 Sold
Premium
Sold
Jul 28, 2000 Listed $599,000
Listed

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,039
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,371
  • Total Building Area: 2,770
  • Gross Building Area: 5,129
  • Building Area: 2,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,770
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 22834A
  • Land Acres: 0000000261
  • 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: 53016 0022
  • District: 207
  • Parcel: NEWT S:53 B:016 L:0022
  • Block: 16
  • Lot: 22
  • Municipality: NEWTON
  • Latitude: 42.3298
  • Longitude: -71.2196

    Address

  • Full Address: 16 Allen Ave
  • Address - House Number: 16
  • Address - Street Name: Allen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Waban
  • Carrier Code: C043
  • 4-Digit Zip Code: 1701
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,383,800

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,690,057
  • High Value: 1,987,588
  • Low Value: 1,392,525

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,417,800
  • Assessed Land Value: $1,104,600
  • Assessed Improvements Value: $313,200

    Sales

  • Current Sale Recording Date: Dec 20, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
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

$631

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5079 ft²

Average Home Age

53.1 years

Currently For Sale

21 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30432377

Frequently Asked Questions

When was property at 16 Allen Avenue built and last sold?
The property at 16 Allen Avenue was built in 1940 and last sold on Jan 1, 1970 for $588,500.
How much is this home worth?
The estimated value of the home located at 16 Allen Avenue is $641,169.
What are some comparable homes to 16 Allen Avenue?
There are currently no comparable homes to 16 Allen Avenue.
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