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Newton 02459 Oak Hill
5 Malubar Ln
$1,442,000
● House - Off Market

5 Malubar Ln

Newton, MA 02459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,000 Ft²
$2,238,884
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Desirably located on a cul-de-sac on the south side of Newton, this four-bedroom, three-bath, raised ranch is sited on over a half an acre, corner lot. The home is bright and sun-filled. The main level features wood floors, a 26x15 living room with fireplace, spacious dining room and deck off the kitchen. The lower level, with direct access to a two-car garage and the large backyard, offers a flexible floor plan and has been recently renovated to include new engineered wood floors, boiler and oil tank. This property is conveniently located near public transportation, schools, shopping and restaurants.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$375
Property Type
House
Property Taxes
$1,198
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72383034)

Price History

Date / Event Date Event Price
Dec 19, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed by Unlimited Sotheby's International Realty $1,499,000
Listed by Unlimited Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,676
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,000
  • Total Building Area: 2,676
  • Gross Building Area: 5,688
  • Building Area: 2,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,676
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • 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: 374000

Zoning

  • Zoning: SR1

Geography

  • Account Number: 83026 0017
  • District: 207
  • Parcel: NEWT S:83 B:026 L:0017
  • Block: 26
  • Lot: 17
  • Municipality: NEWTON
  • Latitude: 42.3087
  • Longitude: -71.2022

    Address

  • Full Address: 5 Malubar Ln
  • Address - House Number: 5
  • Address - Street Name: Malubar
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C034
  • 4-Digit Zip Code: 2919
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,767,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 2,078,969
  • High Value: 2,449,206
  • Low Value: 1,708,732

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,811,200
  • Assessed Land Value: $1,279,200
  • Assessed Improvements Value: $532,000

    Sales

  • Current Sale Contract Date: Dec 17, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193082
  • Previous Sale Recording Date: Mar 12, 2003
  • 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 Oak Hill

Stats & Trends

Median Asking:

$2,195,000

Sale Price/ft²

$589

Below Asking

0.03%

Average Days on Market

75

Average Home Size

5356 ft²

Average Home Age

31.7 years

Currently For Sale

31 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72383034

Frequently Asked Questions

When was property at 5 Malubar Lane built and last sold?
The property at 5 Malubar Lane was built in 1962 and last sold on Dec 17, 2018 for $1,442,000.
How much is this home worth?
The estimated value of the home located at 5 Malubar Lane is $1,549,685.
What are some comparable homes to 5 Malubar Lane?
There are currently no comparable homes to 5 Malubar Lane.
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