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Newton 02462 Newton Lower Falls
40 Sherrin Rd
$1,300,000
● House - Off Market

40 Sherrin Rd

Newton, MA 02462
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,700 Ft²
$2,644,673
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Incredible 2012 Colonial with lots of windows, spacious rooms and open floor plan. Well-designed chef's kitchen has granite counter tops that provide all the working space you need, SS appliances, and a center island. Breakfast area leads to back yard thru sliding glass doors & is adjacent to family room with onyx tiled fireplace. Luxurious master bedroom suite. Attached 2 car garage. On a lovely tree-lined street steps from golf course, the Charles River. Walk to T. Easy access to major routes.
Unit Size
4,700 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

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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 #71365657)

Price History

Date / Event Date Event Price
Aug 8, 2012 Sold
Premium
Sold
Apr 11, 2012 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $1,299,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Dec 9, 2010 Sold
Premium
Sold
Oct 12, 2010 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $439,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,556
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,458
  • Total Building Area: 4,425
  • Gross Building Area: 7,390
  • Building Area: 4,425
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,425
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARBARA PARK
  • Land Acres: 0000000263
  • 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: 374800

Zoning

  • Zoning: SR3

Geography

  • Account Number: 42016 0013
  • District: 207
  • Parcel: NEWT S:42 B:016 L:0013
  • Block: 16
  • Lot: 13
  • Municipality: NEWTON
  • Latitude: 42.3325
  • Longitude: -71.2594

    Address

  • Full Address: 40 Sherrin Rd
  • Address - House Number: 40
  • Address - Street Name: Sherrin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Lower Falls
  • Carrier Code: C061
  • 4-Digit Zip Code: 1122
  • Zip Code: 02462

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,091,700

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 2,492,916
  • High Value: 2,931,790
  • Low Value: 2,054,042

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,143,100
  • Assessed Land Value: $896,900
  • Assessed Improvements Value: $1,246,200

    Sales

  • Current Sale Recording Date: Aug 08, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000016
  • Previous Sale Recording Date: Dec 09, 2010
  • Previous Sale Amount: $438,750
  • 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 Newton Lower Falls

Stats & Trends

Median Asking:

$1,000,000

Sale Price/ft²

$544

Above Asking

0.00%

Average Days on Market

48

Average Home Size

2750 ft²

Average Home Age

88.8 years

Currently For Sale

5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71365657

Frequently Asked Questions

When was property at 40 Sherrin Road built and last sold?
The property at 40 Sherrin Road was built in 2010 and last sold on Jan 1, 1970 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 40 Sherrin Road is $1,323,311.
What are some comparable homes to 40 Sherrin Road?
There are currently no comparable homes to 40 Sherrin Road.
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