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Newton 02458 Newton Corner
17 Emerson Street
$800,000
● House - Off Market

17 Emerson Street

Newton, MA 02458
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,269 Ft²
$4,950
Est. Monthly

About This Property

Major price adjustment! This lovely home has a large unit in the front and a smaller unit in the rear–perfect for an in-law suite or additional income! The property offers urban convenience within a suburban setting. The primary unit has a living room, dining room, 2 bedrooms, office, bathroom and attic studio, with the kitchen adjacent to the porch. The rear unit has a living room, kitchen, one bedroom and one bath. Property is near restaurants, parks, schools, transportation, and highways. With some TLC and a sprinkle of creativity, come make this your dream farmhouse!
Unit Size
2,269 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$379
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1875

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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 #73242331)

Price History

Date / Event Date Event Price
Aug 22, 2024 Sold
Premium
Sold
Jul 24, 2024 In contract -
In contract
Jul 16, 2024 Temporarily off market -
Temporarily off market
May 24, 2024 Listed by Compass $859,000
Listed by Compass
May 22, 2024 Price Decreased $995,000
↓ $204K (17%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,777
  • Total Building Area: 1,961
  • Gross Building Area: 3,743
  • Building Area: 1,961
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,961
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 373100

Zoning

  • Zoning: MR2

Geography

  • Account Number: 11025 0023
  • District: 207
  • Parcel: NEWT S:11 B:025 L:0023
  • Block: 25
  • Lot: 23
  • Municipality: NEWTON
  • Latitude: 42.3592
  • Longitude: -71.1885

    Address

  • Full Address: 17 Emerson St
  • Address - House Number: 17
  • Address - Street Name: Emerson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton
  • Carrier Code: C029
  • 4-Digit Zip Code: 1603
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $878,600

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 1,037,291
  • High Value: 1,280,877
  • Low Value: 793,705

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $900,200
  • Assessed Land Value: $605,300
  • Assessed Improvements Value: $294,900
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 Newton Corner

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$545

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2830 ft²

Average Home Age

83.6 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 20 Watertown St., Watertown, MA, 02472

$4,020 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, 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# 73242331

Frequently Asked Questions

When was property at 17 Emerson Street built and last sold?
The property at 17 Emerson Street was built in 1875 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 17 Emerson Street is $887,747.
What are some comparable homes to 17 Emerson Street?
There are currently no comparable homes to 17 Emerson Street.
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