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Newton 02465 West Newton
5 Richards Cir
$745,000
● House - Off Market

5 Richards Cir

Newton, MA 02465
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,094 Ft²
$1,182,999
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Welcome home to this inviting and charming classic center entrance colonial style home ideally located on a cul-de-sac in West Newton. Suburban setting yet convenience to major routes (16, 20, I-90 and I-95) and amenities nearby such as Albemarle Park, schools, shopping and public transit. This property features a large fenced backyard with a paver patio ideal for entertaining and a fireplaced family room with built-in bar in the basement. Do not miss this great opportunity. This is NOT a short sale, NOT a bank sale and NOT a 3rd Party Approval transaction.
Unit Size
2,094 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$382
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1950

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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 #72329482)

Price History

Date / Event Date Event Price
Jul 27, 2018 Sold
Premium
Sold
May 17, 2018 Listed by DeSantis Real Estate Services $799,000
Listed by DeSantis Real Estate Services
Oct 6, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 800
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,698
  • Total Building Area: 1,544
  • Gross Building Area: 2,584
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 374500

Zoning

  • Zoning: SR3

Geography

  • Account Number: 31028 0082
  • District: 207
  • Parcel: NEWT S:31 B:028 L:0082
  • Block: 28
  • Lot: 82
  • Municipality: NEWTON
  • Latitude: 42.3603
  • Longitude: -71.2203

    Address

  • Full Address: 5 Richards Cir
  • Address - House Number: 5
  • Address - Street Name: Richards
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: West Newton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1725
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $868,700

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,072,471
  • High Value: 1,262,599
  • Low Value: 882,343

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $890,100
  • Assessed Land Value: $834,600
  • Assessed Improvements Value: $55,500

    Sales

  • Current Sale Recording Date: Jul 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113394
  • Previous Sale Recording Date: Oct 06, 2003
  • Previous Sale Amount: $400,000
  • 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:

$1,300,000

Sale Price/ft²

$594

Below Asking

0.02%

Average Days on Market

65

Average Home Size

4274 ft²

Average Home Age

49.1 years

Currently For Sale

29 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

$4,597 /mo

  • 3 Beds
  • 2 Baths
  • 1,516 ft²
70 Hope Ave #Weston, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,330 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms L, Waltham, MA, 02453 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# 72329482

Frequently Asked Questions

When was property at 5 Richards Circle built and last sold?
The property at 5 Richards Circle was built in 1950 and last sold on Jan 1, 1970 for $745,000.
How much is this home worth?
The estimated value of the home located at 5 Richards Circle is $829,900.
What are some comparable homes to 5 Richards Circle?
There are currently no comparable homes to 5 Richards Circle.
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