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Newton 02468 Waban
45 Pine Ridge Road
$1,205,000
● House - Off Market

45 Pine Ridge Road

Newton, MA 02468
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,036 Ft²
$1,627,229
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Attention builders, contractors, and/or buyers who want to do some work and live on one of Waban's most beautiful streets. This sun filled, south facing brick Colonial has 3+ bedroom, 2.5 baths and sits on an 11,140 square foot level lot. Gracious entry foyer leads to spacious living room with fireplace and french doors to a screened porch. Nicely proportioned dining room and eat-in kitchen with sliders to private backyard. Second floor with large master bedroom with bath, two family bedrooms plus office/nursery room. Finished lower level with separate entrance, attached garage, spectacular backyard, Central A/C. House needs updating but has "good bones". New Zervas Elementary School, Green Line, Waban Village.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$540
Property Type
House
Property Taxes
$846
HOA Dues
-
Year Built
1948

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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 #72393794)

Price History

Date / Event Date Event Price
Oct 18, 2018 Sold
Premium
Sold
Sep 12, 2018 Listed by Hammond Residential Real Estate $1,100,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 988
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,140
  • Total Building Area: 1,976
  • Gross Building Area: 3,587
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • 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: 374300

Zoning

  • Zoning: SR2

Geography

  • Account Number: 53019 0016
  • District: 207
  • Parcel: NEWT S:53 B:019 L:0016
  • Block: 19
  • Lot: 16
  • Municipality: NEWTON
  • Latitude: 42.3275
  • Longitude: -71.2225

    Address

  • Full Address: 45 Pine Ridge Rd
  • Address - House Number: 45
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waban
  • Carrier Code: C045
  • 4-Digit Zip Code: 1616
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,564,800

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,787,091
  • High Value: 2,107,666
  • Low Value: 1,466,516

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,603,300
  • Assessed Land Value: $1,159,100
  • Assessed Improvements Value: $444,200

    Sales

  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 160395
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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$634

Below Asking

0.02%

Average Days on Market

75

Average Home Size

4854 ft²

Average Home Age

52.3 years

Currently For Sale

20 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# 72393794

Frequently Asked Questions

When was property at 45 Pine Ridge Road built and last sold?
The property at 45 Pine Ridge Road was built in 1948 and last sold on Jan 1, 1970 for $1,205,000.
How much is this home worth?
The estimated value of the home located at 45 Pine Ridge Road is $1,126,057.
What are some comparable homes to 45 Pine Ridge Road?
There are currently no comparable homes to 45 Pine Ridge Road.
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