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Boston 02135 Chestnut Hill
240 Middlesex Road
$850,000
● House - Off Market

240 Middlesex Road

Brookline, MA 02467
bedrooms
6 Beds
bathrooms
4 Baths
square feet
2,975 Ft²
$1,931,773
RealtyHop Estimate
114.88%
Since Mar 1, 2003
MA-Boston
Primary Model

About This Property

THIS HANDSOME BRICK COLONIAL IS SITED ON 11,668 SQ.FT OF LAND IN A LOVELY CHESTNUT HILL NEIGHBORHOOD. LARGE LR W/FP, FAMILY RM,FORMAL DINING RM, 2 PORCHES,EAT-IN KITCHEN,FIRST FLOOR BR/BATH,MASTER PLUS 5 ADDT'L BRS.CONVENIENT TO TRANS.
Unit Size
2,975 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$302
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1925

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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 #30644915)

Price History

Date / Event Date Event Price
Feb 28, 2003 Sold
Premium
Sold
Sep 10, 2002 Listed by Hammond Residential R. E. $899,000
Listed by Hammond Residential R. E.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,614
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,670
  • Total Building Area: 2,974
  • Gross Building Area: 6,122
  • Building Area: 2,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookline School District
  • School Tax School District: BROOKLINE SD
  • Census Tract: 401100

Zoning

  • Zoning: S10

Geography

  • Account Number: 10643019
  • Parcel: BROO B:282 L:0001 S:0000
  • Block: 282
  • Lot: 1
  • Municipality: BROOKLINE
  • Latitude: 42.3305
  • Longitude: -71.1563

    Address

  • Full Address: 240 Middlesex Rd
  • Address - House Number: 240
  • Address - Street Name: Middlesex
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C016
  • 4-Digit Zip Code: 1841
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,301,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 2,455,122
  • High Value: 2,848,317
  • Low Value: 2,061,926

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,355,300
  • Assessed Land Value: $1,338,200
  • Assessed Improvements Value: $1,017,100

    Sales

  • Current Sale Recording Date: Feb 28, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 958643
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 Chestnut Hill

Stats & Trends

Median Asking:

$2,300,000

Sale Price/ft²

$729

Below Asking

0.03%

Average Days on Market

75

Average Home Size

4280 ft²

Average Home Age

72.4 years

Currently For Sale

21 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 1800 Beacon St, Brookline, 02445

$4,200 /mo

  • 3 Beds
  • 2 Baths
1800 Beacon St, Brookline, 02445 Listing by Inbound Real Estate
Unit for rent at 25 Highgate St, Allston, 02134

$2,595 /mo

  • 1 Bed
  • 1 Bath
25 Highgate St, Allston, 02134 Listing by Inbound Real Estate
Unit for rent at 1300 Commonwealth Ave, Allston, 02134

$3,850 /mo

  • 3 Beds
  • 1 Bath
1300 Commonwealth Ave, Allston, 02134 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30644915

Frequently Asked Questions

When was property at 240 Middlesex Road built and last sold?
The property at 240 Middlesex Road was built in 1925 and last sold on Jan 1, 1970 for $850,000.
How much is this home worth?
The estimated value of the home located at 240 Middlesex Road is $905,242.
What are some comparable homes to 240 Middlesex Road?
There are currently no comparable homes to 240 Middlesex Road.
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