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Newton 02465 West Newton
216 Cherry Street
Photo of 216 Cherry Street
Sold on May 28, 2009

1

Map

$504,000
● House - Off Market

216 Cherry Street

Newton, MA 02465
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,370 Ft²
$1,046,132
RealtyHop Estimate
109.65%
Since Jun 1, 2009
MA-Boston
Primary Model

About This Property

Immaculate 3 bedroom, 2 bath home which has been substantially and tastefully updated by present owner! Features include newer roof, heating and electrical systems, granite kitchen, and replacement windows...There is a walk-up attic for storage..The lush fenced back yard includes a newer tool shed and deck off the kitchen!  Easy access to the Franklin School, and the shops, commuter rail,  theater,  and restaurants of West Newton Square!
Unit Size
1,370 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$364
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1900

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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 #70893440)

Price History

Date / Event Date Event Price
May 28, 2009 Sold
Premium
Sold
Mar 26, 2009 Listed $499,000
Listed
May 16, 2002 Sold
Premium
Sold
Mar 11, 2002 Listed $405,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • 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: 7
  • Basement Area: 757
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,442
  • Gross Building Area: 3,305
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 34030 0013
  • District: 207
  • Parcel: NEWT S:34 B:030 L:0013
  • Block: 30
  • Lot: 13
  • Municipality: NEWTON
  • Latitude: 42.3568
  • Longitude: -71.2275

    Address

  • Full Address: 216 Cherry St
  • Address - House Number: 216
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Newton
  • Carrier Code: C019
  • 4-Digit Zip Code: 1246
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $777,900

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 962,381
  • High Value: 1,134,520
  • Low Value: 790,242

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $797,000
  • Assessed Land Value: $660,900
  • Assessed Improvements Value: $136,100

    Sales

  • Current Sale Recording Date: May 28, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00096843
  • Previous Sale Recording Date: May 16, 2002
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: 27
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:

$1,299,450

Sale Price/ft²

$590

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3732 ft²

Average Home Age

56.8 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

$3,483 /mo

  • 2 Beds
  • 2 Baths
  • 1,217 ft²
70 Hope Ave #Winchester, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,280 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
237 Moody St. #2 Bedrooms A, 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# 70893440

Frequently Asked Questions

When was property at 216 Cherry Street built and last sold?
The property at 216 Cherry Street was built in 1900 and last sold on Jan 1, 1970 for $504,000.
How much is this home worth?
The estimated value of the home located at 216 Cherry Street is $519,731.
What are some comparable homes to 216 Cherry Street?
There are currently no comparable homes to 216 Cherry Street.
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