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Newton 02460 Newtonville
51 Morse Road
$1,300,000
● House - Off Market

51 Morse Road

Newton, MA 02460
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,708 Ft²
$2,174,705
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Gracious Brick/Slate Colonial in outstanding Newtonville location.  Spacious rooms with beautiful details include: a front-to-back living room w/fireplace and beamed ceiling, sunroom,  formal dining room with wainscoting.  Spacious eat-in-kitchen with access to a screened porch, opens to a magnificent step-down family room with cathedral ceiling and skylights, mud room and full bathroom, and side door to exterior.  2nd level has master BR w/bath and nursery/office, two additional BR's and full bath.  4th BR on 3rd with full bath and storage.  Great yard.  2 car garage.  Near Cabot, NNHS, Bullough's Pond, Edmand's Park/Cabot Woods, Newtonville and Highway access.
Unit Size
2,708 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$480
Property Type
House
Property Taxes
$940
HOA Dues
-
Year Built
1930

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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: 6 months ago (MLSPIN #71983744)

Price History

Date / Event Date Event Price
Jun 1, 2016 Sold
Premium
Sold
Apr 6, 2016 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $1,300,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,376
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,330
  • Total Building Area: 2,931
  • Gross Building Area: 5,724
  • Building Area: 2,931
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,931
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000283
  • 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: 373700

Zoning

  • Zoning: SR2

Geography

  • Account Number: 22031 0011
  • District: 207
  • Parcel: NEWT S:22 B:031 L:0011
  • Block: 31
  • Lot: 11
  • Municipality: NEWTON
  • Latitude: 42.3423
  • Longitude: -71.1998

    Address

  • Full Address: 51 Morse Rd
  • Address - House Number: 51
  • Address - Street Name: Morse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newtonville
  • Carrier Code: C042
  • 4-Digit Zip Code: 2454
  • Zip Code: 02460

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,818,100

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 2,057,046
  • High Value: 2,422,500
  • Low Value: 1,691,591

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,862,800
  • Assessed Land Value: $1,241,300
  • Assessed Improvements Value: $621,500

    Sales

  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86704

    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 Newtonville

Stats & Trends

Median Asking:

$1,591,500

Sale Price/ft²

$573

Below Asking

0.02%

Average Days on Market

64

Average Home Size

3259 ft²

Average Home Age

58 years

Currently For Sale

19 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

$2,810 /mo

  • Studio
  • 1 Bath
  • 698 ft²
20 Watertown St. #Studio A, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71983744

Frequently Asked Questions

When was property at 51 Morse Road built and last sold?
The property at 51 Morse Road was built in 1930 and last sold on Jan 1, 1970 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 51 Morse Road is $1,331,484.
What are some comparable homes to 51 Morse Road?
There are currently no comparable homes to 51 Morse Road.
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