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Newton 02458 Newton Corner
40 Rochester Road
$2,700,000
● House - Off Market

40 Rochester Road

Newton, MA 02458
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,232 Ft²
$4,218,538
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Gorgeous property tucked away on a cul- de- sac abutting acres of wooded conservation land offers fabulous architectural detail and sophisticated appointments throughout. Grand open floor plan that elegantly flows from one room to the next is perfect for entertaining. Sound system throughout first floor and master. In ground heated salt water swimming pool and hot tub, Three car heated garage, heated bathroom floors, finished lower level with additional laundry room. 400 AMP underground electrical service. Whole house generator. Serene and tranquil setting offers great privacy yet within minutes to the Mass pike, downtown Boston/Cambridge.
Unit Size
5,232 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$545
Property Type
House
Property Taxes
$2,233
HOA Dues
-
Year Built
2007

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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 #72359792)

Price History

Date / Event Date Event Price
Sep 24, 2018 Sold
Premium
Sold
Jul 11, 2018 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $2,850,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Aug 8, 2008 Sold
Premium
Sold
May 6, 2008 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $2,195,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,912
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,289
  • Total Building Area: 4,324
  • Gross Building Area: 7,260
  • Building Area: 4,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,324
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 48 ROCHESTER ROAD
  • Land Acres: 0000000374
  • 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: SR3

Geography

  • Account Number: 13020 0047
  • District: 207
  • Parcel: NEWT S:13 B:020 L:0047
  • Block: 20
  • Lot: 47
  • Municipality: NEWTON
  • Latitude: 42.3458
  • Longitude: -71.1954

    Address

  • Full Address: 40 Rochester Rd
  • Address - House Number: 40
  • Address - Street Name: Rochester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton
  • Carrier Code: C039
  • 4-Digit Zip Code: 2517
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,292,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 3,973,879
  • High Value: 4,606,672
  • Low Value: 3,341,085

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,373,900
  • Assessed Land Value: $1,185,300
  • Assessed Improvements Value: $2,188,600

    Sales

  • Current Sale Recording Date: Sep 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 147039
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Amount: $2,000,000
  • 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 Newton Corner

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2749 ft²

Average Home Age

78.6 years

Currently For Sale

25 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

$3,040 /mo

  • 1 Bed
  • 1 Bath
  • 942 ft²
20 Watertown St. #1 Bedroom F, 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# 72359792

Frequently Asked Questions

When was property at 40 Rochester Road built and last sold?
The property at 40 Rochester Road was built in 2007 and last sold on Jan 1, 1970 for $2,700,000.
How much is this home worth?
The estimated value of the home located at 40 Rochester Road is $2,834,340.
What are some comparable homes to 40 Rochester Road?
There are currently no comparable homes to 40 Rochester Road.
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