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Newton 02468 Waban
518 Chestnut Street
Photo of 518 Chestnut Street
Sold on May 17, 2007

1

Map

$1,375,000
● House - Off Market

518 Chestnut Street

Newton, MA 02468
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,825 Ft²
$2,794,233
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Gorgeous Waban brick Tudor/Colonial with classic details and modern updates.  This stately home offers five bedrooms, three and a half bathrooms, in-law suite, media room, hardwood floors and central air.  Beautiful, new eat-in-kitchen with cathedral ceiling has stainless steel appliances, granite counters and a huge center island.  Manicured yard with new stone walls completes this offering.  Walking distance to Waban T station and shops.
Unit Size
3,825 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$391
Property Type
House
Property Taxes
$981
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #70507272)

Price History

Date / Event Date Event Price
May 17, 2007 Sold
Premium
Sold
Jan 8, 2007 Listed $1,495,000
Listed
May 9, 2005 Sold
Premium
Sold
Jan 27, 2005 Listed $1,449,000
Listed
Jun 18, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 13
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,652
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,231
  • Total Building Area: 3,825
  • Gross Building Area: 7,206
  • Building Area: 3,825
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,825
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 374400

Zoning

  • Zoning: SR2

Geography

  • Account Number: 53011 0015
  • District: 207
  • Parcel: NEWT S:53 B:011 L:0015
  • Block: 11
  • Lot: 15
  • Municipality: NEWTON
  • Latitude: 42.332
  • Longitude: -71.2242

    Address

  • Full Address: 518 Chestnut St
  • Address - House Number: 518
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waban
  • Carrier Code: C045
  • 4-Digit Zip Code: 1206
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,012,900

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 2,536,829
  • High Value: 3,111,686
  • Low Value: 1,961,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,062,400
  • Assessed Land Value: $1,133,900
  • Assessed Improvements Value: $928,500

    Sales

  • Current Sale Recording Date: May 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00091065
  • Previous Sale Recording Date: May 09, 2005
  • Previous Sale Amount: $1,370,000
  • Previous Sale Document Type: 27

    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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$639

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5062 ft²

Average Home Age

48 years

Currently For Sale

20 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: 4 months ago
Data Source: MLS PIN, MLS# 70507272

Frequently Asked Questions

When was property at 518 Chestnut Street built and last sold?
The property at 518 Chestnut Street was built in 1920 and last sold on Jan 1, 1970 for $1,375,000.
How much is this home worth?
The estimated value of the home located at 518 Chestnut Street is $1,501,165.
What are some comparable homes to 518 Chestnut Street?
There are currently no comparable homes to 518 Chestnut Street.
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