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Newton 02467 Chestnut Hill
27 Reservoir Drive
$995,000
● House - Off Market

27 Reservoir Drive

Newton, MA 02467
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,474 Ft²
$2,001,176
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Chestnut Hill.  Attractive & bright ten room Colonial style home on picturesque tree lined street. Tasteful interior, lovely details, generously proportioned rms. Elegant livrm w/frpl; inviting famrm w/ frpl/ beamed ceiling; lovely dinrm; modern well equipped eat in kit; study/den on 1st fl.  Spacious master bedrm suite w/ dressing rm or study/  master bath plus three additional spacious bedrms & full bath. Lower level includes finished playrm w/frpl.  Central AC, fabulous rear deck, landscaped grnds, attached garage. Super convenient location!  Minutes to Ward Sch, the Turnpike, and the T.
Unit Size
2,474 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$424
Property Type
House
Property Taxes
$912
HOA Dues
-
Year Built
1948

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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 #71588008)

Price History

Date / Event Date Event Price
Dec 23, 2013 Sold
Premium
Sold
Sep 24, 2013 Listed by Prudential Edna Kranz Realty $1,049,000
Listed by Prudential Edna Kranz Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 6
  • Basement Area: 1,150
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,035
  • Total Building Area: 2,474
  • Gross Building Area: 4,083
  • Building Area: 2,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,474
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 373500

Zoning

  • Zoning: SR2

Geography

  • Account Number: 63006 0002
  • District: 207
  • Parcel: NEWT S:63 B:006 L:0002
  • Block: 6
  • Lot: 2
  • Municipality: NEWTON
  • Latitude: 42.3393
  • Longitude: -71.1761

    Address

  • Full Address: 27 Reservoir Dr
  • Address - House Number: 27
  • Address - Street Name: Reservoir
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C007
  • 4-Digit Zip Code: 1021
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,680,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,920,197
  • High Value: 2,263,133
  • Low Value: 1,577,262

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,722,200
  • Assessed Land Value: $1,273,100
  • Assessed Improvements Value: $449,100

    Sales

  • Current Sale Recording Date: Dec 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000026
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:

$2,297,500

Sale Price/ft²

$733

Below Asking

0.02%

Average Days on Market

74

Average Home Size

5047 ft²

Average Home Age

72.6 years

Currently For Sale

25 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 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 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# 71588008

Frequently Asked Questions

When was property at 27 Reservoir Drive built and last sold?
The property at 27 Reservoir Drive was built in 1948 and last sold on Jan 1, 1970 for $995,000.
How much is this home worth?
The estimated value of the home located at 27 Reservoir Drive is $1,098,500.
What are some comparable homes to 27 Reservoir Drive?
There are currently no comparable homes to 27 Reservoir Drive.
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