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Newton 02459 Thompsonville
403 Langley Rd
$539,000
● House - Off Market

403 Langley Rd

Newton, MA 02459
bedrooms
3 Beds
bathrooms
2 Baths
square feet
999 Ft²
$781,965
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Location, location, location!  This well maintained single family is within minutes of The Chestnut Hill Mall and Wegman's center.  Access to top public schools in MA.    Located in Newton Centre neighborhood and situated between Route 9 and Beacon St, this petite home offers access to the city while maintaining the suburban lifestyle. Sizable eat in kitchen and separate pantry/ laundry room, living room and first master bedroom, gives this home flexibility.
Unit Size
999 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$550
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1920

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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 months ago (MLSPIN #72569084)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold
Premium
Sold
Sep 23, 2019 Listed by Gibson Sotheby's International Realty $549,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 450
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,810
  • Total Building Area: 999
  • Gross Building Area: 1,790
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 999
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 373800

Zoning

  • Zoning: BU1

Geography

  • Account Number: 65019 0063
  • District: 207
  • Parcel: NEWT S:65 B:019 L:0063
  • Block: 19
  • Lot: 63
  • Municipality: NEWTON
  • Latitude: 42.3203
  • Longitude: -71.1837

    Address

  • Full Address: 403 Langley Rd
  • Address - House Number: 403
  • Address - Street Name: Langley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C018
  • 4-Digit Zip Code: 2350
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,100

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 745,264
  • High Value: 862,282
  • Low Value: 628,245

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Contract Date: Nov 19, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 186378
  • Previous Sale Recording Date: Nov 24, 2015
  • 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 Thompsonville

Stats & Trends

Median Asking:

$1,222,000

Sale Price/ft²

$623

Below Asking

0.05%

Average Days on Market

69

Average Home Size

1953 ft²

Average Home Age

48.4 years

Currently For Sale

31 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72569084

Frequently Asked Questions

When was property at 403 Langley Road built and last sold?
The property at 403 Langley Road was built in 1920 and last sold on Nov 19, 2019 for $549,000.
How much is this home worth?
The estimated value of the home located at 403 Langley Road is $561,588.
What are some comparable homes to 403 Langley Road?
There are currently no comparable homes to 403 Langley Road.
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