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Newton 02467 Chestnut Hill
50 Wachusett Road
$2,978,675
● House - Off Market

50 Wachusett Road

Newton, MA 02467
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
6,200 Ft²
$6,172,284
RealtyHop Estimate
112.84%
Since Apr 1, 2003
MA-Boston
Primary Model

About This Property

RENOVATION IN PROGRESS! GORGEOUS COLONIAL IN CHESTNUT HILL. FRONT TO BACK FOYER, HUGE LIVINGROOM AND DININGROOM, MAGNIFICENT KITCHEN/FAMILY ROOM. GREAT HOUSE TO ENTERTAIN IN.
Unit Size
6,200 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$468
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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 #30673711)

Price History

Date / Event Date Event Price
Mar 26, 2003 Sold
Premium
Sold
Dec 10, 2002 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $2,900,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Jun 7, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,352
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 22,412
  • Total Building Area: 5,690
  • Gross Building Area: 7,499
  • Building Area: 5,690
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,690
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000515
  • 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: 373600

Zoning

  • Zoning: SR1

Geography

  • Account Number: 61018 0003
  • District: 207
  • Parcel: NEWT S:61 B:018 L:0003
  • Block: 18
  • Lot: 3
  • Municipality: NEWTON
  • Latitude: 42.3344
  • Longitude: -71.18

    Address

  • Full Address: 50 Wachusett Rd
  • Address - House Number: 50
  • Address - Street Name: Wachusett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C008
  • 4-Digit Zip Code: 1124
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,799,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2615
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 47
  • Final Value: 4,455,949
  • High Value: 5,621,396
  • Low Value: 3,290,501

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,917,800
  • Assessed Land Value: $1,933,300
  • Assessed Improvements Value: $2,984,500

    Sales

  • Current Sale Recording Date: Mar 26, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2620
  • Previous Sale Recording Date: Jun 07, 2002
  • Previous Sale Amount: $1,465,000
  • 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 Chestnut Hill

Stats & Trends

Median Asking:

$2,297,500

Sale Price/ft²

$733

Below Asking

0.02%

Average Days on Market

74

Average Home Size

4597 ft²

Average Home Age

71 years

Currently For Sale

25 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30673711

Frequently Asked Questions

When was property at 50 Wachusett Road built and last sold?
The property at 50 Wachusett Road was built in 2002 and last sold on Jan 1, 1970 for $2,978,675.
How much is this home worth?
The estimated value of the home located at 50 Wachusett Road is $2,939,601.
What are some comparable homes to 50 Wachusett Road?
There are currently no comparable homes to 50 Wachusett Road.
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