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Newton 02468 Waban
16 Fairlee Terrace
Photo of 16 Fairlee Terrace
Sold on Feb 27, 2006

1

Map

$1,560,000
● House - Off Market

16 Fairlee Terrace

Newton, MA 02468
bedrooms
6 Beds
bathrooms
4 Baths
square feet
4,342 Ft²
$2,883,013
RealtyHop Estimate
80.75%
Since Mar 1, 2006
MA-Boston
Primary Model

About This Property

Spectacular new construction on cul-de-sac in Waban. Walk to Waban Sq., green line, Zervas School. Custom designed and masterfully built, this home has a classic look that blends with its desireable neighb., but will surprise you with its interior spaciousness and conveniences. Large, open, island kitchen, 16'x 24' Fam. Rm w/gas fp. Brick fp's in LR and Master Ste. Hardwd flrs. 1 & 2 throughout. Sprinkler sys. GLA does NOT include finishable walk-out bsmt area. 1st flr Office/guest br w/bath!
Unit Size
4,342 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$367
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70261586)

Price History

Date / Event Date Event Price
Mar 1, 2006 Sold
Premium
Sold
Sep 16, 2005 Listed $1,595,000
Listed
Apr 1, 2004 Sold
Premium
Sold
Jan 26, 2004 Listed $624,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,899
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,900
  • Total Building Area: 4,478
  • Gross Building Area: 7,438
  • Building Area: 4,478
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,478
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000342
  • 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: 54008 0036
  • District: 207
  • Parcel: NEWT S:54 B:008 L:0036
  • Block: 8
  • Lot: 36
  • Municipality: NEWTON
  • Latitude: 42.323
  • Longitude: -71.224

    Address

  • Full Address: 16 Fairlee Ter
  • Address - House Number: 16
  • Address - Street Name: Fairlee
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Waban
  • Carrier Code: C043
  • 4-Digit Zip Code: 2037
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,482,800

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 2,884,342
  • High Value: 3,392,126
  • Low Value: 2,376,559

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,543,900
  • Assessed Land Value: $1,132,800
  • Assessed Improvements Value: $1,411,100

    Sales

  • Current Sale Recording Date: Mar 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00036225
  • Previous Sale Recording Date: Apr 01, 2004
  • Previous Sale Amount: $590,000
  • 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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$636

Below Asking

0.02%

Average Days on Market

77

Average Home Size

4969 ft²

Average Home Age

48.7 years

Currently For Sale

20 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 months ago
Data Source: MLS PIN, MLS# 70261586

Frequently Asked Questions

When was property at 16 Fairlee Terrace built and last sold?
The property at 16 Fairlee Terrace was built in 2004 and last sold on Jan 1, 1970 for $1,560,000.
How much is this home worth?
The estimated value of the home located at 16 Fairlee Terrace is $1,616,599.
What are some comparable homes to 16 Fairlee Terrace?
There are currently no comparable homes to 16 Fairlee Terrace.
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