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Newton 02465 West Newton
198A River Street
$342,000
● House - Off Market

198A River Street

Newton, MA 02465
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,175 Ft²
$670,192
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

WHO SAYS NEWTONS NOT AFFORDABLE!!!  This home features 7 rooms, 3 bedrooms and 1 full bath. Enjoy the private rear yard on the deck off the enclosed porch. Nice location walking distance to shops and easy access to the highway.
Unit Size
1,175 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$289
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1870

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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: 4 months ago (MLSPIN #71485506)

Price History

Date / Event Date Event Price
Apr 3, 2013 Sold
Premium
Sold
Feb 23, 2013 Listed by New England Preferred Properties $339,000
Listed by New England Preferred Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 28
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 743
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,600
  • Total Building Area: 1,175
  • Gross Building Area: 2,311
  • Building Area: 1,175
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,175
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000197
  • 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: 374700

Zoning

  • Zoning: SR3

Geography

  • Account Number: 44017 0059
  • Parcel: NEWT S:44 B:017 L:0059
  • Block: 17
  • Lot: 59
  • Municipality: NEWTON
  • Latitude: 42.3543
  • Longitude: -71.2347

    Address

  • Full Address: 198a River St
  • Address - House Number: 198a
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Newton
  • Carrier Code: C014
  • 4-Digit Zip Code: 1430
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,900

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 766,042
  • High Value: 945,161
  • Low Value: 586,924

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Recording Date: May 06, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70607
  • Previous Sale Recording Date: Apr 03, 2013
  • Previous Sale Amount: $342,000
  • 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:

$1,299,000

Sale Price/ft²

$594

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3758 ft²

Average Home Age

57.4 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 70 Hope Ave, Waltham, MA, 02453

$2,774 /mo

  • 1 Bed
  • 1 Bath
  • 721 ft²
70 Hope Ave #Amherst, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$2,935 /mo

  • 1 Bed
  • 1 Bath
  • 854 ft²
237 Moody St. #1 Bedroom L, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71485506

Frequently Asked Questions

When was property at 198A River Street built and last sold?
The property at 198A River Street was built in 1870 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 198A River Street is $362,931.
What are some comparable homes to 198A River Street?
There are currently no comparable homes to 198A River Street.
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