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Newton 02460 Newtonville
38 Walnut Place
Photo of 38 Walnut Place
Sold on Jul 21, 2006

1

Map

$872,500
● House - Off Market

38 Walnut Place

Newton, MA 02460
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,476 Ft²
$1,623,504
RealtyHop Estimate
80.59%
Since Aug 1, 2006
MA-Boston
Primary Model

About This Property

Sunlit 1870's Victorian on the National Historic Register & in the Newtonville Historic District, has been restored & updated while fine architectural detail has been retained.  Double living room plus family room. Wonderful MBR, most windows replaced, central air, level yard with patio has perennial garden. Heart of the Square.  Walk to commuter rail, shops and restaurants.
Unit Size
2,476 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$363
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1870

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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 #70370329)

Price History

Date / Event Date Event Price
Jul 21, 2006 Sold
Premium
Sold
Apr 19, 2006 Listed $899,000
Listed
Apr 28, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 23
  • 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: 1,183
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,773
  • Total Building Area: 2,476
  • Gross Building Area: 3,810
  • Building Area: 2,476
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,476
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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: 373400

Zoning

  • Zoning: MR1

Geography

  • Account Number: 24011 0038
  • District: 207
  • Parcel: NEWT S:24 B:011 L:0038
  • Block: 11
  • Lot: 38
  • Municipality: NEWTON
  • Latitude: 42.3488
  • Longitude: -71.2082

    Address

  • Full Address: 38 Walnut Pl
  • Address - House Number: 38
  • Address - Street Name: Walnut
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Newtonville
  • Carrier Code: C042
  • 4-Digit Zip Code: 1819
  • Zip Code: 02460

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,312,700

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,779,629
  • High Value: 2,175,620
  • Low Value: 1,383,638

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,345,000
  • Assessed Land Value: $1,025,800
  • Assessed Improvements Value: $319,200

    Sales

  • Current Sale Recording Date: Jul 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00137092
  • Previous Sale Recording Date: Apr 28, 1997
  • Previous Sale Amount: $489,000
  • 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 Newtonville

Stats & Trends

Median Asking:

$1,595,000

Sale Price/ft²

$572

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3234 ft²

Average Home Age

64.8 years

Currently For Sale

22 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

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,330 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms L, 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# 70370329

Frequently Asked Questions

When was property at 38 Walnut Place built and last sold?
The property at 38 Walnut Place was built in 1870 and last sold on Jan 1, 1970 for $872,500.
How much is this home worth?
The estimated value of the home located at 38 Walnut Place is $935,249.
What are some comparable homes to 38 Walnut Place?
There are currently no comparable homes to 38 Walnut Place.
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