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Newton 02465 West Newton
48 Edward Road
Photo of 48 Edward Road
Sold on Mar 21, 2006

1

Map

$1,100,000
● House - Off Market

48 Edward Road

Newton, MA 02465
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,300 Ft²
$2,117,871
RealtyHop Estimate
80.24%
Since Apr 1, 2006
MA-Boston
Primary Model

About This Property

Spectacular NEW CONSTRUCTION 9+,4 Bdrm,3 1/2 Baths-Located on a childsafe Deadend Cul de Sac-Wood Exterior-Elegant decorative paver driveway,walkway & patio-Mahogany Decking & Farmers Porch-Sprinkler-Alarm-1st Flr Office-9'Ceiling 1st Flr-F/P Family Rm-Inlayed Oak Flrs-HyroAir-SuperStore HtWtr-Granite Kitchen w/Island-Anderson Windows-Marble Baths-Master Suite w/Whirlpool-Possible 3rd Flr & Basement Expansion potental-Oversized heated 2 car garage-Wired for networking & sound-Crown Moldings
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$356
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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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 #70309902)

Price History

Date / Event Date Event Price
Mar 31, 2006 Sold
Premium
Sold
Jan 4, 2006 Listed $1,175,000
Listed
May 11, 2005 Sold
Premium
Sold
Jan 7, 2005 Listed $459,000
Listed

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,211
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,357
  • Total Building Area: 2,724
  • Gross Building Area: 6,049
  • Building Area: 2,724
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,724
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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: 374600

Zoning

  • Zoning: SR3

Geography

  • Account Number: 34037 0032
  • District: 207
  • Parcel: NEWT S:34 B:037 L:0032
  • Block: 37
  • Lot: 32
  • Municipality: NEWTON
  • Latitude: 42.3601
  • Longitude: -71.2302

    Address

  • Full Address: 48 Edward Rd
  • Address - House Number: 48
  • Address - Street Name: Edward
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Newton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1120
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,718,600

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,975,164
  • High Value: 2,328,458
  • Low Value: 1,621,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,760,900
  • Assessed Land Value: $790,600
  • Assessed Improvements Value: $970,300

    Sales

  • Current Sale Recording Date: Mar 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00056020
  • Previous Sale Recording Date: May 11, 2005
  • Previous Sale Amount: $450,000
  • 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 West Newton

Stats & Trends

Median Asking:

$1,299,000

Sale Price/ft²

$587

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3769 ft²

Average Home Age

60.1 years

Currently For Sale

27 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 70 Hope Ave, Waltham, MA, 02453

$3,587 /mo

  • 2 Beds
  • 2 Baths
  • 1,161 ft²
70 Hope Ave #Dover, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,385 /mo

  • 2 Beds
  • 2 Baths
  • 1,190 ft²
237 Moody St. #2 Bedrooms U, Waltham, MA, 02453 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# 70309902

Frequently Asked Questions

When was property at 48 Edward Road built and last sold?
The property at 48 Edward Road was built in 2005 and last sold on Jan 1, 1970 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 48 Edward Road is $1,236,925.
What are some comparable homes to 48 Edward Road?
There are currently no comparable homes to 48 Edward Road.
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