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Newton 02459 Newton Center
39 Mason Rd
$1,575,000
● House - Off Market

39 Mason Rd

Newton, MA 02459
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,493 Ft²
$1,436,658
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Attention all project seekers, builders, renovators .... great opportunity to own a stately Colonial Revival home in Newton Centre. This 5 bedroom 2.5 bath house has three floors of living and boasts fine craftsmanship, detailed woodwork, built-in cabinets and wainscoting. The front-to-back living room has a fireplace and the eat-in kitchen was updated in the late 1990s. The side screened sun room and deck offer great outdoor entertaining. The home includes a detached 2 car garage and private backyard. The home requires updating and renovation to return the home to its original beauty. Newer boiler and slate roof. Great location near Comm Ave shopping, dining and schools. Less than 1 mile to D Line Newton Centre stop. Close to Newton Centre Playground and Mason-Rice School. This is an "as is" sale.
Unit Size
2,493 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$552
Property Type
House
Property Taxes
$925
HOA Dues
-
Year Built
1922

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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: 4 months ago (MLSPIN #72993095)

Price History

Date / Event Date Event Price
Aug 8, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,375,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,137
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,485
  • Total Building Area: 2,091
  • Gross Building Area: 4,477
  • Building Area: 2,091
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,091
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 64037 0010
  • District: 207
  • Parcel: NEWT S:64 B:037 L:0010
  • Block: 37
  • Lot: 10
  • Municipality: NEWTON
  • Latitude: 42.3368
  • Longitude: -71.1985

    Address

  • Full Address: 39 Mason Rd
  • Address - House Number: 39
  • Address - Street Name: Mason
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C007
  • 4-Digit Zip Code: 1505
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,226,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,675,661
  • High Value: 1,974,075
  • Low Value: 1,377,248

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,256,600
  • Assessed Land Value: $1,166,400
  • Assessed Improvements Value: $90,200

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 121321
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:

$2,100,000

Sale Price/ft²

$643

Below Asking

0.02%

Average Days on Market

65

Average Home Size

4512 ft²

Average Home Age

84.1 years

Currently For Sale

18 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72993095

Frequently Asked Questions

When was property at 39 Mason Road built and last sold?
The property at 39 Mason Road was built in 1922 and last sold on Aug 8, 2022 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 39 Mason Road is $1,405,228.
What are some comparable homes to 39 Mason Road?
There are currently no comparable homes to 39 Mason Road.
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