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Newton 02459 Oak Hill
348 Dedham St
$1,765,000
● House - Off Market

348 Dedham St

Newton, MA 02459
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,197 Ft²
$2,582,212
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Fabulous opportunity and price for this stunning home to be completely remodeled and expanded.Plans attached.   Some minor modifications can still be made to customize on request.   This flexible floor plan offers a first floor master suite,plus four bedrooms and three bathrooms on the second, with the option of having the master on this level.  A fabulous kitchen ( 15x19) and greatroom(15x24) open to the patio and fenced in backyard.   Approached by a circular driveway and well set back from the street, this wonderful home with quality finishes throughout, is ideally suited to downsizing families or to a growing family who appreciates the close proximity to the renowned Newton schools, the Chestnut Hill Street restaurants and shops, Newton Centre and all major highways. See MLS# 72335032 for land.
Unit Size
3,197 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$547
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

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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 #72334967)

Price History

Date / Event Date Event Price
Feb 8, 2019 Sold
Premium
Sold
May 29, 2018 Listed by Hammond Residential Real Estate $1,750,000
Listed by Hammond Residential Real Estate
May 24, 2018 Sold
Premium
Sold
Apr 11, 2018 Listed by Hammond Residential Real Estate $2,195,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 6
  • Basement Area: 1,744
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 3,402
  • Gross Building Area: 5,770
  • Building Area: 3,402
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,402
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 374000

Zoning

  • Zoning: SR2

Geography

  • Account Number: 81017 0002
  • District: 207
  • Parcel: NEWT S:81 B:017 L:0002
  • Block: 17
  • Lot: 2
  • Municipality: NEWTON
  • Latitude: 42.3096
  • Longitude: -71.2006

    Address

  • Full Address: 348 Dedham St
  • Address - House Number: 348
  • Address - Street Name: Dedham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C002
  • 4-Digit Zip Code: 2888
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,084,300

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 2,535,949
  • High Value: 2,938,886
  • Low Value: 2,133,011

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,135,600
  • Assessed Land Value: $1,031,400
  • Assessed Improvements Value: $1,104,200

    Sales

  • Current Sale Contract Date: Feb 05, 2019
  • Current Sale Recording Date: Feb 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16665
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Amount: $2,255,000
  • 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 Oak Hill

Stats & Trends

Median Asking:

$2,196,500

Sale Price/ft²

$589

Below Asking

0.03%

Average Days on Market

75

Average Home Size

5330 ft²

Average Home Age

29.9 years

Currently For Sale

31 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72334967

Frequently Asked Questions

When was property at 348 Dedham Street built and last sold?
The property at 348 Dedham Street was built in 1969 and last sold on Feb 5, 2019 for $1,765,000.
How much is this home worth?
The estimated value of the home located at 348 Dedham Street is $1,799,139.
What are some comparable homes to 348 Dedham Street?
There are currently no comparable homes to 348 Dedham Street.
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