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Newton 02465 West Newton
17 Lodge Rd
$985,000
● House - Off Market

17 Lodge Rd

Newton, MA 02465
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,794 Ft²
$1,149,323
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED!  Offer accepted.  Welcome home to this meticulously cared for West Newton 3 BD 2.5 BA masterpiece.  All of the upgrades have already been done; just move right in.  The gorgeous, renovated kitchen opens up to an expansive back deck that stretches the width of the house.  It's perfect for entertaining on those cool summer nights.  The brand new spacious master bathroom with double vanity and heated floors will keep your feet nice and toasty in the winter months.  Plenty of extra space with an office and 3-season porch on the first floor, in addition to a partially finished basement.  The sellers did not want to leave this house but are relocating out of state for work.  Very easy to show.
Unit Size
1,794 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$490
Property Type
House
Property Taxes
$624
HOA Dues
-
Year Built
1940

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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 #72699485)

Price History

Date / Event Date Event Price
Sep 16, 2020 Sold
Premium
Sold
Jul 28, 2020 Listed by Leopold & McMasters Realty $879,000
Listed by Leopold & McMasters Realty
Jun 1, 2016 Sold
Premium
Sold
Mar 30, 2016 Listed by Leopold & McMasters Realty $675,000
Listed by Leopold & McMasters Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 994
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 1,794
  • Gross Building Area: 4,248
  • Building Area: 1,794
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,794
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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: 374600

Zoning

  • Zoning: SR3

Geography

  • Account Number: 34019 0006
  • District: 207
  • Parcel: NEWT S:34 B:019 L:0006
  • Block: 19
  • Lot: 6
  • Municipality: NEWTON
  • Latitude: 42.3613
  • Longitude: -71.2245

    Address

  • Full Address: 17 Lodge Rd
  • Address - House Number: 17
  • Address - Street Name: Lodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Newton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1214
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,058,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,253,421
  • High Value: 1,477,618
  • Low Value: 1,029,224

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,084,500
  • Assessed Land Value: $789,000
  • Assessed Improvements Value: $295,500

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Sep 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 163382
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Amount: $726,000
  • 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:

$1,297,000

Sale Price/ft²

$596

Below Asking

0.02%

Average Days on Market

65

Average Home Size

4396 ft²

Average Home Age

49.3 years

Currently For Sale

28 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: 5 months ago
Data Source: MLS PIN, MLS# 72699485

Frequently Asked Questions

When was property at 17 Lodge Road built and last sold?
The property at 17 Lodge Road was built in 1940 and last sold on Aug 20, 2020 for $985,000.
How much is this home worth?
The estimated value of the home located at 17 Lodge Road is $900,088.
What are some comparable homes to 17 Lodge Road?
There are currently no comparable homes to 17 Lodge Road.
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