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Newton 02465 West Newton
268 Cherry Street
$742,000
● House - Off Market

268 Cherry Street

Newton, MA 02465
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,302 Ft²
$767,201
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

This charming Colonial home is located in West Newton half a mile from the square. A cute enclosed porch leads to the living room and opens to the dining room with sliders to the deck.  The eat-in-kitchen has gas cooking, expansion potential and a pantry that leads out to the fenced-in backyard.. The second floor consists of the master bedroom, two additional bedrooms and a bathroom. The basement has a large finished room, laundry, utilities, storage and exterior access. There is driveway parking for three cars. There is an abundance of natural light throughout. Located between Franklin Elementary School, Wellington Playground and West Newton Square.  Easy access to the Mass Pike, West Newton Commuter Rail Station, shops and restaurants. Being sold in "As is" condition and awaits your personal touch.
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$537
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1926

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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 #72915670)

Price History

Date / Event Date Event Price
Jan 5, 2022 Sold
Premium
Sold
Nov 3, 2021 Listed by Coldwell Banker Realty - Newton $699,000
Listed by Coldwell Banker Realty - Newton
Jan 10, 2003 Sold
Premium
Sold
Oct 19, 2002 Listed by Coldwell Banker Realty - Newton $399,900
Listed by Coldwell Banker Realty - Newton
Dec 22, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 549
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,106
  • Gross Building Area: 1,918
  • Building Area: 1,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,106
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST NEWTON
  • Land Acres: 0000000103
  • 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: 33032 0011
  • District: 207
  • Parcel: NEWT S:33 B:032 L:0011
  • Block: 32
  • Lot: 11
  • Municipality: NEWTON
  • Latitude: 42.3551
  • Longitude: -71.2282

    Address

  • Full Address: 268 Cherry St
  • Address - House Number: 268
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Newton
  • Carrier Code: C019
  • 4-Digit Zip Code: 1605
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $718,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 790,361
  • High Value: 930,476
  • Low Value: 650,246

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,800
  • Assessed Land Value: $650,800
  • Assessed Improvements Value: $85,000

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2177
  • Previous Sale Recording Date: Jan 10, 2003
  • Previous Sale Amount: $389,500
  • 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:

$1,299,000

Sale Price/ft²

$587

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3769 ft²

Average Home Age

60.1 years

Currently For Sale

27 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

$3,422 /mo

  • 2 Beds
  • 2 Baths
  • 1,141 ft²
70 Hope Ave #Holden, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
237 Moody St. #2 Bedrooms X, 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# 72915670

Frequently Asked Questions

When was property at 268 Cherry Street built and last sold?
The property at 268 Cherry Street was built in 1926 and last sold on Jan 5, 2022 for $742,000.
How much is this home worth?
The estimated value of the home located at 268 Cherry Street is $708,887.
What are some comparable homes to 268 Cherry Street?
There are currently no comparable homes to 268 Cherry Street.
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