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Newton 02465 West Newton
344 Cherry St.
Photo of 344 Cherry St.
Sold on Mar 2, 2006

1

Map

$462,000
● House - Off Market

344 Cherry St.

Newton, MA 02465
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1,755 Ft²
$899,419
RealtyHop Estimate
80.24%
Since Apr 1, 2006
MA-Boston
Primary Model

About This Property

Wonderful single fam in 2-fam zone in move-in condition. Freshly painted,high ceilings & gleaming wood floors. Glass french doors open into a lovely living room with bay windows,dining room opens onto a deck. Renovated fully applianced eat-in kitchen,replaced windows,new gas heating system. Three large decks,one on each level,offer additional separate access to each floor. Flexible layout for an in-law suite,au-pair,etc. Great space in a convenient commuter location. Priced for immediate sale!
Unit Size
1,755 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$284
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1890

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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 #70275983)

Price History

Date / Event Date Event Price
Mar 2, 2006 Sold
Premium
Sold
Oct 11, 2005 Listed $499,000
Listed
Feb 28, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 699
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,682
  • Total Building Area: 1,398
  • Gross Building Area: 3,356
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000085
  • 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: MR2

Geography

  • Account Number: 33033 0003
  • District: 207
  • Parcel: NEWT S:33 B:033 L:0003
  • Block: 33
  • Lot: 3
  • Municipality: NEWTON
  • Latitude: 42.3527
  • Longitude: -71.2291

    Address

  • Full Address: 344 Cherry St
  • Address - House Number: 344
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Newton
  • Carrier Code: C019
  • 4-Digit Zip Code: 1627
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $722,700

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 887,207
  • High Value: 1,083,831
  • Low Value: 690,583

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $740,500
  • Assessed Land Value: $622,800
  • Assessed Improvements Value: $117,700

    Sales

  • Current Sale Recording Date: Mar 02, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00037497
  • Previous Sale Recording Date: Feb 28, 1994
  • Previous Sale Amount: $156,000
  • 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:

$1,300,000

Sale Price/ft²

$594

Below Asking

0.02%

Average Days on Market

65

Average Home Size

4171 ft²

Average Home Age

50 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

$3,670 /mo

  • 2 Beds
  • 2 Baths
  • 1,213 ft²
70 Hope Ave #Hampton, 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: 5 months ago
Data Source: MLS PIN, MLS# 70275983

Frequently Asked Questions

When was property at 344 Cherry Street built and last sold?
The property at 344 Cherry Street was built in 1890 and last sold on Jan 1, 1970 for $462,000.
How much is this home worth?
The estimated value of the home located at 344 Cherry Street is $529,714.
What are some comparable homes to 344 Cherry Street?
There are currently no comparable homes to 344 Cherry Street.
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