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Newton 02459 Newton Center
37 Cummings Road
$739,000
● House - Off Market

37 Cummings Road

Newton, MA 02459
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,782 Ft²
$1,416,542
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Move in and enjoy this beautifully  remodeled three bedroom colonial near Newton center and  library. Quality workmanship throughout. Major improvements - new electrical, plumbing, kitchen, baths, heating, air conditioning, driveway and patio. See LB for detailed list of features and upgrades. Basement finished with familyroom and utility room. Utilities brought to attic for possible future expansion. Taxes & assessment are based on house prior to renovations. See attached addendums.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$415
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1905

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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: 6 months ago (MLSPIN #71491462)

Price History

Date / Event Date Event Price
Jun 3, 2013 Sold
Premium
Sold
Mar 8, 2013 Listed by Century 21 North Shore $739,000
Listed by Century 21 North Shore
Nov 14, 2012 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 701
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,357
  • Total Building Area: 1,762
  • Gross Building Area: 2,936
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • 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: 373700

Zoning

  • Zoning: SR2

Geography

  • Account Number: 64002 0014
  • District: 207
  • Parcel: NEWT S:64 B:002 L:0014
  • Block: 2
  • Lot: 14
  • Municipality: NEWTON
  • Latitude: 42.336
  • Longitude: -71.2115

    Address

  • Full Address: 37 Cummings Rd
  • Address - House Number: 37
  • Address - Street Name: Cummings
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C020
  • 4-Digit Zip Code: 1734
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,178,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,440,187
  • High Value: 1,677,130
  • Low Value: 1,203,244

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,207,900
  • Assessed Land Value: $1,015,600
  • Assessed Improvements Value: $192,300

    Sales

  • Current Sale Recording Date: Jun 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000011
  • Previous Sale Recording Date: Nov 14, 2012
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: O
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 Newton Center

Stats & Trends

Median Asking:

$2,348,000

Sale Price/ft²

$638

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4193 ft²

Average Home Age

87.1 years

Currently For Sale

16 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

$3,590 /mo

  • 2 Beds
  • 2 Baths
  • 1,319 ft²
20 Watertown St. #2 Bedrooms I, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71491462

Frequently Asked Questions

When was property at 37 Cummings Road built and last sold?
The property at 37 Cummings Road was built in 1905 and last sold on Jan 1, 1970 for $739,000.
How much is this home worth?
The estimated value of the home located at 37 Cummings Road is $776,984.
What are some comparable homes to 37 Cummings Road?
There are currently no comparable homes to 37 Cummings Road.
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