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Newton 02465 West Newton
52 Cherry Street
$950,000
● House - Off Market

52 Cherry Street

Newton, MA 02465
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,206 Ft²
$887,968
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Character and charm abound in this classic New England home located in a sought-after West Newton neighborhood, just minutes from shops, eateries, the commuter rail station and express bus to Boston. Enter into a sun-filled living room adorned with a brick fireplace and plenty of space to spread out. The living room flows into a formal dining room and a bright and airy kitchen with ample cabinetry and stainless steel appliances. Upstairs, you'll find three bedrooms and a spa bathroom that was just renovated in 2019. Copious windows and a palette of neutrals infuse the rooms with a sense of lightness. The lower level boasts a water closet and plentiful storage space. A large deck overlooks the sprawling fenced backyard, both enviable features to have for the summer ahead.
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$734
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1927

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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: 4 months ago (MLSPIN #73104228)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
May 4, 2023 In contract -
In contract
Apr 27, 2023 Listed by Gibson Sotheby's International Realty $885,000
Listed by Gibson Sotheby's International Realty
Aug 31, 2010 Sold
Premium
Sold
Apr 14, 2010 Listed by Gibson Sotheby's International Realty $434,900
Listed by Gibson Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 698
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Total Building Area: 1,206
  • Gross Building Area: 2,272
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST NEWTON
  • Land Acres: 0000000258
  • 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: 374600

Zoning

  • Zoning: SR3

Geography

  • Account Number: 34021 0027
  • District: 207
  • Parcel: NEWT S:34 B:021 L:0027
  • Block: 21
  • Lot: 27
  • Municipality: NEWTON
  • Latitude: 42.3624
  • Longitude: -71.2264

    Address

  • Full Address: 52 Cherry St
  • Address - House Number: 52
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Newton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1237
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $752,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 898,539
  • High Value: 1,054,887
  • Low Value: 742,190

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $770,900
  • Assessed Land Value: $733,000
  • Assessed Improvements Value: $37,900

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65297
  • Previous Sale Recording Date: Aug 31, 2010
  • Previous Sale Amount: $442,000
  • 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:

$1,299,000

Sale Price/ft²

$587

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3769 ft²

Average Home Age

60.1 years

Currently For Sale

27 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

$3,536 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,415 /mo

  • 2 Beds
  • 2 Baths
  • 1,190 ft²
237 Moody St. #2 Bedrooms U, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73104228

Frequently Asked Questions

When was property at 52 Cherry Street built and last sold?
The property at 52 Cherry Street was built in 1927 and last sold on Jun 16, 2023 for $950,000.
How much is this home worth?
The estimated value of the home located at 52 Cherry Street is $874,149.
What are some comparable homes to 52 Cherry Street?
There are currently no comparable homes to 52 Cherry Street.
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