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Newton 02461 Newton Highlands
53 Beverly Rd
$1,383,500
● House - Off Market

53 Beverly Rd

Newton, MA 02461
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,784 Ft²
$1,937,072
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Fabulous Colonial tucked away and abutting Cold Springs Park. The first floor offers a  living room with wood burning fireplace, a large family room, fabulous cook's kitchen , dining area and a half bath. On the second floor are three bedrooms, a full bath and a sitting area. The master is on the third level with a master bath and and a reading nook. The walk-out basement has a finished room with a waiting room and half bath - ideal for a home office. There is a one car garage and a beautifully landscaped yard with a granite patio. Close to Crystal Lake, the T and all The Highlands has to offer.
Unit Size
2,784 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$503
Property Type
House
Property Taxes
$954
HOA Dues
-
Year Built
1938

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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 #72637515)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Mar 24, 2020 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $1,399,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Aug 2, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,122
  • Total Building Area: 2,400
  • Gross Building Area: 3,706
  • Building Area: 2,400
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000186
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 374200

Zoning

  • Zoning: SR2

Geography

  • Account Number: 54027 0002
  • District: 207
  • Parcel: NEWT S:54 B:027 L:0002
  • Block: 27
  • Lot: 2
  • Municipality: NEWTON
  • Latitude: 42.3254
  • Longitude: -71.2106

    Address

  • Full Address: 53 Beverly Rd
  • Address - House Number: 53
  • Address - Street Name: Beverly
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Highlands
  • Carrier Code: C076
  • 4-Digit Zip Code: 1112
  • Zip Code: 02461

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,483,600
  • Assessed Land Value: $920,000
  • Assessed Improvements Value: $563,600

    Sales

  • Current Sale Contract Date: Apr 25, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64348
  • Previous Sale Recording Date: Aug 02, 1994
  • Previous Sale Amount: $358,000
  • 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 Newton Highlands

Stats & Trends

Median Asking:

$1,550,000

Sale Price/ft²

$668

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3025 ft²

Average Home Age

31.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72637515

Frequently Asked Questions

When was property at 53 Beverly Road built and last sold?
The property at 53 Beverly Road was built in 1938 and last sold on Apr 25, 2020 for $1,383,500.
How much is this home worth?
The estimated value of the home located at 53 Beverly Road is $1,430,737.
What are some comparable homes to 53 Beverly Road?
There are currently no comparable homes to 53 Beverly Road.
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