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Newton 02459 Oak Hill
18 Orourke Path
$1,100,000
● House - Off Market

18 Orourke Path

Newton, MA 02459
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,911 Ft²
$1,144,580
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Located on a cul-de-sac and sited on over an 11,000 sq. ft. lot, this five-bedroom home offers over 1,900 square feet of living space on two levels.  The first floor has been expanded over the years and boasts an open floor plan with an eat-in kitchen, separate dining room, expansive living room, three bedrooms, two bathrooms and a family room.  The second floor holds two additional bedrooms.  Recent updates include a 2018 roof and a new hot water heater in 2020.  This property is located close to parks, restaurants, shops and public transportation.  Property to be sold as is.
Unit Size
1,911 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$523
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
2022

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72847571)

Price History

Date / Event Date Event Price
Jul 22, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by Saga Partners, MA, LLC $999,000
Listed by Saga Partners, MA, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,472
  • Total Building Area: 4,673
  • Gross Building Area: 8,332
  • Building Area: 4,673
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,673
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000263
  • 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: 374000

Zoning

  • Zoning: SR2

Geography

  • Account Number: 84018 0010
  • District: 207
  • Parcel: NEWT S:84 B:018 L:0010
  • Block: 18
  • Lot: 10
  • Municipality: NEWTON
  • Latitude: 42.2926
  • Longitude: -71.187

    Address

  • Full Address: 18 Orourke Path
  • Address - House Number: 18
  • Address - Street Name: Orourke
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C023
  • 4-Digit Zip Code: 3523
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,949,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,336,882
  • High Value: 1,549,300
  • Low Value: 1,124,465

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,021,500
  • Assessed Land Value: $717,700
  • Assessed Improvements Value: $2,303,800

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 165269

    Financing

  • First Mortgage Financing Type: ADJ
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 Oak Hill

Stats & Trends

Median Asking:

$2,050,000

Sale Price/ft²

$589

Below Asking

0.02%

Average Days on Market

74

Average Home Size

5465 ft²

Average Home Age

31 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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72847571

Frequently Asked Questions

When was property at 18 Orourke Path built and last sold?
The property at 18 Orourke Path was built in 2022 and last sold on Jul 22, 2021 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 18 Orourke Path is $0.
What are some comparable homes to 18 Orourke Path?
There are currently no comparable homes to 18 Orourke Path.
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