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Newton 02459 Newton Center
48 Sumner Street
$1,050,000
● House - Off Market

48 Sumner Street

Newton, MA 02459
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$1,666,301
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Nestled in the heart of Newton Center this 1825 Farmhouse has been thoughtfully renovated and expanded. The 2009 addition of a family room, study/guest room and first floor full bathroom opening up to the updated kitchen with granite counters and breakfast bar makes this a wonderful home for easy family living and entertaining. Dutch doors off the kitchen opens out to the deck and patio overlooking the landscaped fenced-in yard. Three generous bedroom on the 2nd floor including a lovely master, as well as two full bathrooms both updated in 2016.   Wonderful 3rd floor with two bedrooms and a play room. Additional updates include newer windows, hardwood floors through-out, central air and mud room. Easy access to Newton Center, restaurants, shops, places of worship, and the "T".  A pleasure to show!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$416
Property Type
House
Property Taxes
$770
HOA Dues
-
Year Built
1825

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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 #71999524)

Price History

Date / Event Date Event Price
Jul 7, 2016 Sold
Premium
Sold
May 4, 2016 Listed by Hammond Residential R. E. $999,000
Listed by Hammond Residential R. E.
Jul 28, 2008 Sold
Premium
Sold
Apr 2, 2008 Listed by Hammond Residential R. E. $749,000
Listed by Hammond Residential R. E.
Sep 15, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1825
  • Effective Year Built: 1825
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 800
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,900
  • Total Building Area: 2,106
  • Gross Building Area: 3,455
  • Building Area: 2,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,106
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWTON CENTRE
  • Land Acres: 0000000135
  • 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: 373500

Zoning

  • Zoning: MR1

Geography

  • Account Number: 73048 0016
  • District: 207
  • Parcel: NEWT S:73 B:048 L:0016
  • Block: 48
  • Lot: 16
  • Municipality: NEWTON
  • Latitude: 42.3365
  • Longitude: -71.1912

    Address

  • Full Address: 48 Sumner St
  • Address - House Number: 48
  • Address - Street Name: Sumner
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C006
  • 4-Digit Zip Code: 1641
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,345,100

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,715,137
  • High Value: 2,098,506
  • Low Value: 1,331,769

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,378,200
  • Assessed Land Value: $1,079,200
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Recording Date: Jul 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112648
  • Previous Sale Recording Date: Jul 28, 2008
  • Previous Sale Amount: $745,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Center

Stats & Trends

Median Asking:

$2,125,000

Sale Price/ft²

$643

Below Asking

0.02%

Average Days on Market

64

Average Home Size

4781 ft²

Average Home Age

86.8 years

Currently For Sale

18 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 20 Watertown St., Watertown, MA, 02472

$3,065 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71999524

Frequently Asked Questions

When was property at 48 Sumner Street built and last sold?
The property at 48 Sumner Street was built in 1825 and last sold on Jan 1, 1970 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 48 Sumner Street is $1,007,308.
What are some comparable homes to 48 Sumner Street?
There are currently no comparable homes to 48 Sumner Street.
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