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Newton 02464 Newton Upper Falls
48 Indiana Ter
$850,000
● House - Off Market

48 Indiana Ter

Newton, MA 02464
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,572 Ft²
$977,689
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

Wonderfully charming village colonial in Newton Upper Falls. A classic front porch welcomes you to this historic gem.  On the first floor, flooded with sunlight, enjoy the updated bright kitchen and large dining room for entertaining.  The first floor also boasts an inviting fireplaced living room, a study with built-in bookshelves, and a full bath. On the second floor you will find 3 bedrooms, including a beautiful carved mantle on the fireplace in the master BR,  and a full bath. And the third floor has 2 additional bonus rooms, which can be used for a fourth bedroom and a room for an upstairs office. Plenty of space to work and school from home! Easy access to local restaurants and shops, all major routes and public transportation.  This is wonderful home.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$540
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #72789708)

Price History

Date / Event Date Event Price
Jun 2, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by Compass $849,000
Listed by Compass
Aug 31, 1990 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 900
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,943
  • Total Building Area: 1,572
  • Gross Building Area: 3,396
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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: 374100

Zoning

  • Zoning: MR1

Geography

  • Account Number: 51040 0007
  • District: 207
  • Parcel: NEWT S:51 B:040 L:0007
  • Block: 40
  • Lot: 7
  • Municipality: NEWTON
  • Latitude: 42.3098
  • Longitude: -71.2229

    Address

  • Full Address: 48 Indiana Ter
  • Address - House Number: 48
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Newton Upper Falls
  • Carrier Code: C093
  • 4-Digit Zip Code: 1337
  • Zip Code: 02464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $883,500

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 1,020,694
  • High Value: 1,177,933
  • Low Value: 863,455

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $905,200
  • Assessed Land Value: $858,200
  • Assessed Improvements Value: $47,000

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124991
  • Previous Sale Recording Date: Aug 31, 1990
  • Previous Sale Amount: $220,000
  • 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 Upper Falls

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$535

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2869 ft²

Average Home Age

84.8 years

Currently For Sale

6 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 years ago
Data Source: MLS PIN, MLS# 72789708

Frequently Asked Questions

When was property at 48 Indiana Terrace built and last sold?
The property at 48 Indiana Terrace was built in 1900 and last sold on Jun 2, 2021 for $850,000.
How much is this home worth?
The estimated value of the home located at 48 Indiana Terrace is $0.
What are some comparable homes to 48 Indiana Terrace?
There are currently no comparable homes to 48 Indiana Terrace.
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