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Newton 02459 Thompsonville
16 Walnut Hill Road
$689,000
● House - Off Market

16 Walnut Hill Road

Newton, MA 02459
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,511 Ft²
$1,230,263
RealtyHop Estimate
76.00%
Since Feb 1, 2016
MA-Boston
Primary Model

About This Property

Great opportunity with lots of potential. The 1925 house was renovated and expanded in 2003 and is need of some updates presently. Interesting and open floor plan with spacious first floor. Upper floor offers an office/bonus room, numerous bedrooms, 2 full baths and a separate laundry room. Easily maintainable small yard abuts conservation land to the back. Located on a side street and perfect for the commuter via major roadways and D-Line. A must see!
Unit Size
2,511 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$278
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1925

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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: 6 months ago (MLSPIN #71892065)

Price History

Date / Event Date Event Price
Jan 19, 2016 Sold
Premium
Sold
Aug 19, 2015 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $699,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Oct 1, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 391
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,969
  • Total Building Area: 2,545
  • Gross Building Area: 3,120
  • Building Area: 2,545
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,545
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 374000

Zoning

  • Zoning: SR3

Geography

  • Account Number: 81037 0022
  • District: 207
  • Parcel: NEWT S:81 B:037 L:0022
  • Block: 37
  • Lot: 22
  • Municipality: NEWTON
  • Latitude: 42.3184
  • Longitude: -71.197

    Address

  • Full Address: 16 Walnut Hill Rd
  • Address - House Number: 16
  • Address - Street Name: Walnut Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C034
  • 4-Digit Zip Code: 2667
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,087,500

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,413,785
  • High Value: 1,665,562
  • Low Value: 1,162,009

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,114,200
  • Assessed Land Value: $812,400
  • Assessed Improvements Value: $301,800

    Sales

  • Current Sale Recording Date: Jan 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9530
  • Previous Sale Recording Date: Oct 01, 1993
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Thompsonville

Stats & Trends

Median Asking:

$1,192,450

Sale Price/ft²

$622

Below Asking

0.05%

Average Days on Market

68

Average Home Size

2086 ft²

Average Home Age

34.2 years

Currently For Sale

29 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: 6 months ago
Data Source: MLS PIN, MLS# 71892065

Frequently Asked Questions

When was property at 16 Walnut Hill Road built and last sold?
The property at 16 Walnut Hill Road was built in 1925 and last sold on Jan 1, 1970 for $689,000.
How much is this home worth?
The estimated value of the home located at 16 Walnut Hill Road is $748,356.
What are some comparable homes to 16 Walnut Hill Road?
There are currently no comparable homes to 16 Walnut Hill Road.
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