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Newton 02467 Oak Hill
24 Nickerson Rd
$885,000
● House - Off Market

24 Nickerson Rd

Newton, MA 02467
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,907 Ft²
$1,543,045
RealtyHop Estimate
81.75%
Since Mar 1, 2015
MA-Boston
Primary Model

About This Property

Beautiful residence located in Chestnut Hill. Vaulted cathedral ceiling in living room with access to back patio. Cherry cabinets, granite counter tops,and stainless appliances in kitchen with open floor plan to dining room.  First floor offers fourth bedroom option as well as a full bathroom, laundry area, half bathroom and newly refinished hardwood floors. Second floor has full bathroom and three bedrooms. Basement is partially finished for playroom/work-out room. Alarm system. Fully fenced-in back yard with irrigation system and storage shed.
Unit Size
1,907 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$445
Property Type
House
Property Taxes
$680
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: 4 months ago (MLSPIN #71763750)

Price History

Date / Event Date Event Price
Feb 4, 2015 Sold
Premium
Sold
Oct 31, 2014 Listed by Hammond Residential R. E. $849,000
Listed by Hammond Residential R. E.
Jul 16, 2012 Sold
Premium
Sold
May 15, 2012 Listed by Hammond Residential R. E. $749,900
Listed by Hammond Residential R. E.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 900
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,772
  • Total Building Area: 2,660
  • Gross Building Area: 3,727
  • Building Area: 2,660
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,660
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 373902

Zoning

  • Zoning: SR3

Geography

  • Account Number: 82027 0008
  • District: 207
  • Parcel: NEWT S:82 B:027 L:0008
  • Block: 27
  • Lot: 8
  • Municipality: NEWTON
  • Latitude: 42.3065
  • Longitude: -71.1752

    Address

  • Full Address: 24 Nickerson Rd
  • Address - House Number: 24
  • Address - Street Name: Nickerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C014
  • 4-Digit Zip Code: 2628
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,387,200

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,520,217
  • High Value: 1,762,685
  • Low Value: 1,277,748

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,421,300
  • Assessed Land Value: $1,051,100
  • Assessed Improvements Value: $370,200

    Sales

  • Current Sale Recording Date: Feb 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1691380
  • Previous Sale Recording Date: Jul 16, 2012
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: O

    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

$590

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5401 ft²

Average Home Age

30.6 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: 4 months ago
Data Source: MLS PIN, MLS# 71763750

Frequently Asked Questions

When was property at 24 Nickerson Road built and last sold?
The property at 24 Nickerson Road was built in 1940 and last sold on Jan 1, 1970 for $885,000.
How much is this home worth?
The estimated value of the home located at 24 Nickerson Road is $868,602.
What are some comparable homes to 24 Nickerson Road?
There are currently no comparable homes to 24 Nickerson Road.
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