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Newton 02467 Chestnut Hill
40 Mayflower Rd
$1,500,000
● House - Off Market

40 Mayflower Rd

Newton, MA 02467
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,280 Ft²
$1,477,694
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

The luxury of Space! Is yours in this lovely colonial built in an amazing location!  Desirable Chestnut Hill! Just steps away from Boston College you will find  this extraordinary 4 bed 3 bath that has not been available for decades! Amazingly it is now ready for the next owner.  Cared for over the years maintaining all its beauty and grace.  This home offers plenty of room to spread out and call it home.  All bedrooms are gracious in size including the master.  Just minutes from all that Newton Centre offers, downtown Boston and the Green line T, commuters dream that is uncommonly distinctive. Please do not go on the property without permission.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$570
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
1915

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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 #72853668)

Price History

Date / Event Date Event Price
Aug 5, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by RE/MAX Executive Realty $1,299,900
Listed by RE/MAX Executive Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • 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: 1,140
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,969
  • Total Building Area: 2,498
  • Gross Building Area: 3,777
  • Building Area: 2,498
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000206
  • Standard Land Use Code: 9203
  • County Land Use Code: 940

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 373600

Zoning

  • Zoning: SR2

Geography

  • Account Number: 63010 0016
  • District: 207
  • Parcel: NEWT S:63 B:010 L:0016
  • Block: 10
  • Lot: 16
  • Municipality: NEWTON
  • Latitude: 42.3351
  • Longitude: -71.1723

    Address

  • Full Address: 40 Mayflower Rd
  • Address - House Number: 40
  • Address - Street Name: Mayflower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C008
  • 4-Digit Zip Code: 3974
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,142,400
  • Initial Tax Delinquent Year: 2022

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,704,700
  • Assessed Land Value: $1,306,300
  • Assessed Improvements Value: $398,400

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 176308
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

$3,465 /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: 5 years ago
Data Source: MLS PIN, MLS# 72853668

Frequently Asked Questions

When was property at 40 Mayflower Road built and last sold?
The property at 40 Mayflower Road was built in 1915 and last sold on Aug 2, 2021 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 40 Mayflower Road is $0.
What are some comparable homes to 40 Mayflower Road?
There are currently no comparable homes to 40 Mayflower Road.
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