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Newton 02467 Chestnut Hill
40 Algonquin Road
Photo of 40 Algonquin Road
Sold on Oct 31, 2008

1

Map

$853,000
● House - Off Market

40 Algonquin Road

Newton, MA 02467
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,580 Ft²
$1,848,250
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

CHESTNUT HILL/WARD SCHOOL: CHARMING EARLY 1900'S CRAFTSMAN STYLE HOME IN BEAUTIFUL CONDITION. SET IN WONDERFUL RESIDENTIAL NEIGHBORHOOD.HIGH CEILINGS,HARDWOOD FLOORS,REPLACEMENT WINDOWS,UPDATED ELECTRIC. GOOD SIZED ROOMS WITH LOTS OF NATURAL LIGHT.PRETTY TIERED LOT WITH MATURED PLANTINGS AND GARDENS.2008 PAINTED AND DECORATED INTERIOR. FINISHED LOWER LEVEL ROOM. EASY ACCESS TO MASS PIKE, COMM AVE, GREENLINE T.
Unit Size
2,580 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$347
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70813977)

Price History

Date / Event Date Event Price
Oct 31, 2008 Sold
Premium
Sold
Sep 2, 2008 Listed $895,000
Listed
Dec 12, 2007 Sold
Premium
Sold
Sep 18, 2007 Listed $819,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • 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: 7
  • Basement Area: 1,171
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,609
  • Total Building Area: 2,676
  • Gross Building Area: 4,122
  • Building Area: 2,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,676
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 373500

Zoning

  • Zoning: SR2

Geography

  • Account Number: 63002 0004
  • District: 207
  • Parcel: NEWT S:63 B:002 L:0004
  • Block: 2
  • Lot: 4
  • Municipality: NEWTON
  • Latitude: 42.3406
  • Longitude: -71.1703

    Address

  • Full Address: 40 Algonquin Rd
  • Address - House Number: 40
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C007
  • 4-Digit Zip Code: 1002
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,631,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,886,360
  • High Value: 2,223,252
  • Low Value: 1,549,468

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,671,200
  • Assessed Land Value: $1,187,100
  • Assessed Improvements Value: $484,100

    Sales

  • Current Sale Recording Date: Oct 31, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00177000
  • Previous Sale Recording Date: Dec 12, 2007
  • Previous Sale Amount: $794,000
  • 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 Chestnut Hill

Stats & Trends

Median Asking:

$2,300,000

Sale Price/ft²

$729

Below Asking

0.03%

Average Days on Market

78

Average Home Size

4349 ft²

Average Home Age

71.7 years

Currently For Sale

21 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

$3,065 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 1600 Commonwealth Ave, Brighton, 02135

$2,750 /mo

  • 2 Beds
  • 1 Bath
1600 Commonwealth Ave, Brighton, 02135 Listing by Inbound Real Estate
Unit for rent at 0 Strathmore Rd, Brookline, 02445

$3,000 /mo

  • 2 Beds
  • 1 Bath
0 Strathmore Rd, Brookline, 02445 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70813977

Frequently Asked Questions

When was property at 40 Algonquin Road built and last sold?
The property at 40 Algonquin Road was built in 1900 and last sold on Jan 1, 1970 for $853,000.
How much is this home worth?
The estimated value of the home located at 40 Algonquin Road is $949,298.
What are some comparable homes to 40 Algonquin Road?
There are currently no comparable homes to 40 Algonquin Road.
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