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Newton 02458 Newton Corner
5 Green Park
Photo of 5 Green Park
Sold on Aug 28, 2008

1

Map

$1,350,000
● House - Off Market

5 Green Park

Newton, MA 02458
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,822 Ft²
$2,881,708
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

THIS 1949 CUSTOM BUILT  TUDOR, IN THE WARD SCHOOL AREA HAS AN EXTRAORDINARY INDOOR SWIMMING POOL COMPLEX, COMPLETE WITH HOT-TUB, KITCHEN, STEAM SHOWER, DRESSING ROOM AND BATH.  THE HOUSE HAS GRAND ENTERTAINING ROOMS. THERE IS A FIRST FLOOR PANELLED LIBRARY WITH STONE FIREPLACE.  THERE ARE FOUR BEDROOMS AND A STUDY ON THE SECOND FLOOR INCLUDING A MASTER SUITE WITH FIREPLACE. THE PROPERTY IS CONVENIENT TO SHOPPING, SCHOOLS, AND THE MASS PIKE.
Unit Size
4,822 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$301
Property Type
House
Property Taxes
$1,202
HOA Dues
-
Year Built
1949

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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 #70716718)

Price History

Date / Event Date Event Price
Aug 28, 2008 Sold
Premium
Sold
Feb 25, 2008 Listed $1,449,000
Listed

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 13
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,804
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 14,665
  • Total Building Area: 5,029
  • Gross Building Area: 9,445
  • Building Area: 5,029
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,029
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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: SR2

Geography

  • Account Number: 73011 0003
  • District: 207
  • Parcel: NEWT S:73 B:011 L:0003
  • Block: 11
  • Lot: 3
  • Municipality: NEWTON
  • Latitude: 42.3445
  • Longitude: -71.1844

    Address

  • Full Address: 5 Green Park
  • Address - House Number: 5
  • Address - Street Name: Green
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Newton
  • Carrier Code: C034
  • 4-Digit Zip Code: 2605
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,173,700

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 3,919,944
  • High Value: 4,561,482
  • Low Value: 3,278,406

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,251,700
  • Assessed Land Value: $1,425,000
  • Assessed Improvements Value: $1,826,700

    Sales

  • Current Sale Recording Date: Aug 28, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00143166
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 Corner

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$543

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2628 ft²

Average Home Age

82.1 years

Currently For Sale

28 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# 70716718

Frequently Asked Questions

When was property at 5 Green Park built and last sold?
The property at 5 Green Park was built in 1949 and last sold on Jan 1, 1970 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 5 Green Park is $1,455,764.
What are some comparable homes to 5 Green Park?
There are currently no comparable homes to 5 Green Park.
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