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Newton 02465 West Newton
29 Forest Avenue
Photo of 29 Forest Avenue
Sold on Dec 1, 2010

1

Map

$2,275,000
● House - Off Market

29 Forest Avenue

Newton, MA 02465
bedrooms
7 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,424 Ft²
$5,259,397
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model

About This Property

At the top of West Newton Hill. Glorious Queen Ann Victorian style residence, beautifully sited on a magnificent 25,508 square foot lot. Extraordinary original detail, marble mantels, inlaid floors, elaborate mouldings and grand staircase are a few of the architectural features. Great effort has been made to preserve the integrity of the home, while updating for today's living. There is a spacious kitchen overlooking the back garden, 2010 roof, painting & driveway. Peirce School
Unit Size
5,424 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$461
Property Type
House
Property Taxes
$1,344
HOA Dues
-
Year Built
1870

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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: 12 months ago (MLSPIN #71083149)

Price History

Date / Event Date Event Price
Dec 1, 2010 Sold
Premium
Sold
May 19, 2010 Listed by Hammond Residential R. E. $2,500,000
Listed by Hammond Residential R. E.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 23
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 3,623
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,508
  • Total Building Area: 6,305
  • Gross Building Area: 12,199
  • Building Area: 6,305
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 6,305
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000586
  • 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: 374400

Zoning

  • Zoning: SR2

Geography

  • Account Number: 32001 0013
  • District: 207
  • Parcel: NEWT S:32 B:001 L:0013
  • Block: 1
  • Lot: 13
  • Municipality: NEWTON
  • Latitude: 42.347
  • Longitude: -71.2183

    Address

  • Full Address: 29 Forest Ave
  • Address - House Number: 29
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Newton
  • Carrier Code: C006
  • 4-Digit Zip Code: 2503
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,088,100

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 4,634,226
  • High Value: 5,634,129
  • Low Value: 3,634,324

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,213,200
  • Assessed Land Value: $1,749,200
  • Assessed Improvements Value: $3,464,000

    Sales

  • Current Sale Recording Date: Dec 01, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00219968
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

$594

Below Asking

0.02%

Average Days on Market

65

Average Home Size

4259 ft²

Average Home Age

50.9 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

$3,052 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,010 /mo

  • 2 Beds
  • 2 Baths
  • 1,101 ft²
237 Moody St. #2 Bedrooms H, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 71083149

Frequently Asked Questions

When was property at 29 Forest Avenue built and last sold?
The property at 29 Forest Avenue was built in 1870 and last sold on Jan 1, 1970 for $2,275,000.
How much is this home worth?
The estimated value of the home located at 29 Forest Avenue is $0.
What are some comparable homes to 29 Forest Avenue?
There are currently no comparable homes to 29 Forest Avenue.
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