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Newton 02467 Chestnut Hill
340 Commonwealth Avenue
Photo of 340 Commonwealth Avenue
Sold on Aug 20, 2009

1

Map

$925,000
● House - Off Market

340 Commonwealth Avenue

Newton, MA 02467
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,890 Ft²
$2,057,253
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Gracious entrance foyer introduces this classic brick Colonial set on a knoll back from the street.  The well proportioned rooms, period details,and large windows contribute to a sense of timelessness and serenity.  There is a two room master suite comprised of large bedroom, office and bathroom.  The house has a 2-car garage, central air-conditioning & security system.  Located in Chestnut Hill, convenient to public transportation and the Ward School.
Unit Size
2,890 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$346
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1927

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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 #70910361)

Price History

Date / Event Date Event Price
Aug 20, 2009 Sold
Premium
Sold
Apr 29, 2009 Listed $999,999
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 620
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,046
  • Total Building Area: 2,862
  • Gross Building Area: 4,824
  • Building Area: 2,862
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,862
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000368
  • 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: 373600

Zoning

  • Zoning: SR1

Geography

  • Account Number: 61008 0003
  • District: 207
  • Parcel: NEWT S:61 B:008 L:0003
  • Block: 8
  • Lot: 3
  • Municipality: NEWTON
  • Latitude: 42.3359
  • Longitude: -71.1804

    Address

  • Full Address: 340 Commonwealth Ave
  • Address - House Number: 340
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C008
  • 4-Digit Zip Code: 1131
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,602,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 2,024,690
  • High Value: 2,386,287
  • Low Value: 1,663,093

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,641,700
  • Assessed Land Value: $1,553,200
  • Assessed Improvements Value: $88,500

    Sales

  • Current Sale Recording Date: Aug 20, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00165326
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

4400 ft²

Average Home Age

67.8 years

Currently For Sale

19 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

$2,810 /mo

  • Studio
  • 1 Bath
  • 698 ft²
20 Watertown St. #Studio A, Watertown, MA, 02472 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# 70910361

Frequently Asked Questions

When was property at 340 Commonwealth Avenue built and last sold?
The property at 340 Commonwealth Avenue was built in 1927 and last sold on Jan 1, 1970 for $925,000.
How much is this home worth?
The estimated value of the home located at 340 Commonwealth Avenue is $1,057,813.
What are some comparable homes to 340 Commonwealth Avenue?
There are currently no comparable homes to 340 Commonwealth Avenue.
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