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Newton 02459 Oak Hill
36 Mccarthy Rd
$1,125,000
● House - Off Market

36 Mccarthy Rd

Newton, MA 02459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,198 Ft²
$1,144,580
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Contractors, developers, buyers looking for a great home ready for updates. This 4 bedroom, 2.5 bath. 2198 sq.ft. home on a 8,889 sq.ft. level lot is in a wonderful Newton neighborhood near schools and parks. Second floor addition in 1997. Additional interior renovations done in 2005 include large eat-in kitchen with center island. Gas heating system. Central Air. All Covid precautions to be taken. Showings by appointment. Property to be sold in as-is condition. Buyer to perform all due diligence.
Unit Size
2,198 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$455
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
2022

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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 years ago (MLSPIN #72843077)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Unlimited Sotheby's International Realty $999,000
Listed by Unlimited Sotheby's International Realty
Sep 11, 1992 Sold
Premium
Sold
Sep 7, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,889
  • Total Building Area: 4,102
  • Gross Building Area: 7,001
  • Building Area: 4,102
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,102
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000204
  • 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: SR3

Geography

  • Account Number: 84016 0005
  • District: 207
  • Parcel: NEWT S:84 B:016 L:0005
  • Block: 16
  • Lot: 5
  • Municipality: NEWTON
  • Latitude: 42.2931
  • Longitude: -71.1852

    Address

  • Full Address: 36 Mccarthy Rd
  • Address - House Number: 36
  • Address - Street Name: Mccarthy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C022
  • 4-Digit Zip Code: 3505
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,652,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,367,318
  • High Value: 1,584,571
  • Low Value: 1,150,064

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,717,400
  • Assessed Land Value: $687,900
  • Assessed Improvements Value: $2,029,500

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170738
  • Previous Sale Recording Date: Sep 11, 1992
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$2,075,000

Sale Price/ft²

$588

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5401 ft²

Average Home Age

30.6 years

Currently For Sale

28 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 years ago
Data Source: MLS PIN, MLS# 72843077

Frequently Asked Questions

When was property at 36 McCarthy Road built and last sold?
The property at 36 McCarthy Road was built in 2022 and last sold on Jul 29, 2021 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 36 McCarthy Road is $0.
What are some comparable homes to 36 McCarthy Road?
There are currently no comparable homes to 36 McCarthy Road.
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