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Newton 02465 West Newton
171 Fairway Drive
$955,000
● House - Off Market

171 Fairway Drive

Newton, MA 02465
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$1,483,123
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Sought after West Newton location.  Wonderful Cape with Colonial features in move-in condition.  The first level boasts a fireplaced living room with a French door to a screened-in porch, a formal dining room and an updated eat-in kitchen with maple cabinets/granite and direct access to the large deck overlooking the beautifully landscaped yard. A mudroom and an updated half bath complete this level. On the second level there is master bedroom with an updated bathroom, four additional bedrooms and another full bathroom. The lower level features a finished bonus room and laundry.   Close to schools, West Newton Square, the Commuter Rail and easy highway access.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$409
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1938

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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: 6 months ago (MLSPIN #72071073)

Price History

Date / Event Date Event Price
Nov 21, 2016 Sold
Premium
Sold
Sep 21, 2016 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $899,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 660
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,037
  • Total Building Area: 1,873
  • Gross Building Area: 3,674
  • Building Area: 1,873
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,873
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • 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: 31027 0019
  • District: 207
  • Parcel: NEWT S:31 B:027 L:0019
  • Block: 27
  • Lot: 19
  • Municipality: NEWTON
  • Latitude: 42.3561
  • Longitude: -71.2225

    Address

  • Full Address: 171 Fairway Dr
  • Address - House Number: 171
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Newton
  • Carrier Code: C011
  • 4-Digit Zip Code: 1714
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,150,900

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,378,958
  • High Value: 1,625,610
  • Low Value: 1,132,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,179,200
  • Assessed Land Value: $836,500
  • Assessed Improvements Value: $342,700

    Sales

  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1747131
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:

$1,295,000

Sale Price/ft²

$597

Below Asking

0.02%

Average Days on Market

67

Average Home Size

4622 ft²

Average Home Age

50 years

Currently For Sale

27 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

$3,521 /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

$3,320 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms L, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72071073

Frequently Asked Questions

When was property at 171 Fairway Drive built and last sold?
The property at 171 Fairway Drive was built in 1938 and last sold on Jan 1, 1970 for $955,000.
How much is this home worth?
The estimated value of the home located at 171 Fairway Drive is $914,664.
What are some comparable homes to 171 Fairway Drive?
There are currently no comparable homes to 171 Fairway Drive.
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