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Newton 02458 Nonantum
162 Chapel St
$495,000
● Land - Off Market

162 Chapel St

Newton, MA 02458
bedrooms
Studio
bathrooms
0 Bath
$996,110
RealtyHop Estimate
87.98%
Since Dec 1, 2006
MA-Boston
Primary Model

About This Property

Multi Resident Zone-tear down and build 2 townhouses or use as single family with large concrete garage currently used by landscaper.Demolition waiver in hand!!!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$380
HOA Dues
-
Year Built
2007

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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 #70428764)

Price History

Date / Event Date Event Price
Dec 4, 2019 Sold
Premium
Sold
Oct 2, 2007 Sold
Premium
Sold
Nov 20, 2006 Sold
Premium
Sold
Jul 24, 2006 Listed by RE/MAX Preferred Properties $529,900
Listed by RE/MAX Preferred Properties
Multi Resident Zone-tear down and build 2 townhouses or use as single family with large concrete garage currently used by landscaper.Demolition waiver in hand!!!

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 8
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 1
  • 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: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,370
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,972
  • Total Building Area: 4,068
  • Gross Building Area: 6,738
  • Building Area: 4,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,068
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4578B
  • Land Acres: 0000000183
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 373200

Zoning

  • Zoning: MR2

Geography

  • Account Number: 11013 0026
  • District: 207
  • Parcel: NEWT S:11 B:013 L:0026
  • Block: 13
  • Lot: 26
  • Municipality: NEWTON
  • Latitude: 42.3602
  • Longitude: -71.199

    Address

  • Full Address: 162 Chapel St
  • Address - House Number: 162
  • Address - Street Name: Chapel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton
  • Carrier Code: C035
  • 4-Digit Zip Code: 1308
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,461,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 1,653,338
  • High Value: 1,957,618
  • Low Value: 1,349,059

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,497,800
  • Assessed Land Value: $641,300
  • Assessed Improvements Value: $856,500

    Sales

  • Current Sale Contract Date: Dec 04, 2019
  • Current Sale Recording Date: Dec 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1830550
  • Previous Sale Recording Date: Oct 02, 2007
  • Previous Sale Amount: $495,000
  • Previous 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 Nonantum

Stats & Trends

Median Asking:

$1,365,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2198 ft²

Average Home Age

-

Currently For Sale

24 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 20 Watertown St., Watertown, MA, 02472

$3,065 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70428764

Frequently Asked Questions

When was property at 162 Chapel Street built and last sold?
The property at 162 Chapel Street was built in 2007 and last sold on Dec 4, 2019 for $1,475,000.
How much is this home worth?
The estimated value of the home located at 162 Chapel Street is $535,199.
What are some comparable homes to 162 Chapel Street?
There are currently no comparable homes to 162 Chapel Street.
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