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Newton 02465 West Newton
161 Randlett Park
$850,000
● House - Off Market

161 Randlett Park

Newton, MA 02465
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,406 Ft²
$1,217,214
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

This brick front, 7 room, 3 bedroom, 2.5 bath CE Colonial is located on a lovely tree-lined street in the Village of West Newton. Many of its architectural details include crown and picture moldings, a chair rail, a built-in china cabinet, oversized windows, fireplaces and hardwood floors. There is a three season porch with sliders that access a level fenced-in yard. A generously proportioned master bedroom includes a walk-in closet and master bath. A partially finished lower level offers a front to back family room with a fireplace, additional play space, laundry and storage. There is also an attached 2 car garage. This property is conveniently located near shops, restaurants, public transportation and major routes. Being sold in "as is" condition.
Unit Size
2,406 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$291
Property Type
House
Property Taxes
$718
HOA Dues
-
Year Built
1937

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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 #71818840)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by Hammond Residential R. E. $1,039,000
Listed by Hammond Residential R. E.
Jun 25, 2015 Sold
Premium
Sold
Apr 16, 2015 Listed by Hammond Residential R. E. $699,000
Listed by Hammond Residential R. E.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 875
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,890
  • Total Building Area: 1,750
  • Gross Building Area: 3,105
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000204
  • 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: 374500

Zoning

  • Zoning: SR3

Geography

  • Account Number: 31022 0020
  • District: 207
  • Parcel: NEWT S:31 B:022 L:0020
  • Block: 22
  • Lot: 20
  • Municipality: NEWTON
  • Latitude: 42.3556
  • Longitude: -71.2233

    Address

  • Full Address: 161 Randlett Park
  • Address - House Number: 161
  • Address - Street Name: Randlett
  • Address - Suffix Type: Park
  • State: MA
  • City Name: West Newton
  • Carrier Code: C011
  • 4-Digit Zip Code: 1743
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,234,400

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,486,658
  • High Value: 1,724,263
  • Low Value: 1,249,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,264,800
  • Assessed Land Value: $853,600
  • Assessed Improvements Value: $411,200

    Sales

  • Current Sale Contract Date: Oct 24, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1859710
  • Previous Sale Recording Date: Jun 25, 2015
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: O
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 West Newton

Stats & Trends

Median Asking:

$1,299,450

Sale Price/ft²

$590

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3717 ft²

Average Home Age

56.8 years

Currently For Sale

30 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

Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,531 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
237 Moody St. #2 Bedrooms BB, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71818840

Frequently Asked Questions

When was property at 161 Randlett Park built and last sold?
The property at 161 Randlett Park was built in 1937 and last sold on Oct 24, 2020 for $1,210,000.
How much is this home worth?
The estimated value of the home located at 161 Randlett Park is $1,075,254.
What are some comparable homes to 161 Randlett Park?
There are currently no comparable homes to 161 Randlett Park.
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