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Brookline 02445 South Brookline
40 Newton Street
$2,550,000
● House - Off Market

40 Newton Street

Brookline, MA 02445
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,886 Ft²
$2,234,384
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

This stunning home underwent a full gut renovation in 2014, with the finest quality materials, craftsmanship and attention to detail. No stone was left unturned in the pursuit of perfection, to create a breathtaking masterpiece of form and function. 5 bedrooms, 3 baths on two levels comprising 2886 sq ft of sun-splashed open concept interior space, and a 2-car heated garage. Infrastructure improvements include Schuco European 5-point lock Tilt & Turn high energy-efficiency windows, natural western red cedar plank siding, 2022 Carrier HVAC w/UV light technology, MERV 15 filter & fresh air exchanger, fully insulated walls & foundation, rift sawn hardwood floors, Duravit fixtures, granite kitchen counters, quartzite in baths, Wolf & Subzero professional appliances, soapstone fireplace surround, master bath steam shower, Navien combo heat/hot water, Runtal radiators. Amazing views of Larz Anderson, in close proximity to Dexter Southfield, Park School, Allandale, The Club. 31,559 sq ft lot.
Unit Size
2,886 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$762
Property Type
House
Property Taxes
$1,238
HOA Dues
-
Year Built
1958

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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 #72968476)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by Hammond Residential Real Estate $2,199,000
Listed by Hammond Residential Real Estate
Sep 15, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,028
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,559
  • Total Building Area: 2,196
  • Gross Building Area: 4,572
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEARS ESTATES
  • Land Acres: 0000000724
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookline School District
  • School Tax School District: BROOKLINE SD
  • Census Tract: 401202

Zoning

  • Zoning: S25

Geography

  • Account Number: 12819034
  • Parcel: BROO B:357 L:0036 S:0000
  • Block: 357
  • Lot: 36
  • Municipality: BROOKLINE
  • Latitude: 42.3093
  • Longitude: -71.1363

    Address

  • Full Address: 40 Newton St
  • Address - House Number: 40
  • Address - Street Name: Newton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Brookline
  • Carrier Code: C001
  • 4-Digit Zip Code: 7407
  • Zip Code: 02445

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,073,500

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 2,219,789
  • High Value: 2,607,253
  • Low Value: 1,832,324

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,122,300
  • Assessed Land Value: $1,390,400
  • Assessed Improvements Value: $731,900

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50237
  • Previous Sale Recording Date: Sep 15, 2011
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 South Brookline

Stats & Trends

Median Asking:

$2,124,000

Sale Price/ft²

$693

Below Asking

0.02%

Average Days on Market

79

Average Home Size

5179 ft²

Average Home Age

78 years

Currently For Sale

30 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 275 Aspinwall Ave, Brookline, 02445

$2,500 /mo

  • 1 Bed
  • 1 Bath
275 Aspinwall Ave, Brookline, 02445 Listing by Inbound Real Estate
Unit for rent at 50 Gorham Ave, Brookline, 02445

$2,000 /mo

  • 1 Bed
  • 1 Bath
50 Gorham Ave, Brookline, 02445 Listing by Inbound Real Estate
Unit for rent at 550 Brookline Ave, Brookline, 02445

$2,500 /mo

  • 2 Beds
  • 1 Bath
550 Brookline Ave, 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# 72968476

Frequently Asked Questions

When was property at 40 Newton Street built and last sold?
The property at 40 Newton Street was built in 1958 and last sold on Jun 7, 2022 for $2,550,000.
How much is this home worth?
The estimated value of the home located at 40 Newton Street is $2,250,900.
What are some comparable homes to 40 Newton Street?
There are currently no comparable homes to 40 Newton Street.
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