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Newton 02468 Waban
53 Gammons Rd
$3,750,000
● House - Off Market

53 Gammons Rd

Newton, MA 02468
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
6,500 Ft²
$6,557,838
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

New construction on almost 1/2 acre of flat usable land. Grand Colonial to be built with all the bells and whistles. Still time to customize.
Unit Size
6,500 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$554
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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 #71643666)

Price History

Date / Event Date Event Price
Dec 2, 2014 Sold
Premium
Sold
Mar 12, 2014 Listed by William Raveis R.E. & Home Services $3,600,000
Listed by William Raveis R.E. & Home Services
Jun 26, 2013 Sold
Premium
Sold
Apr 11, 2013 Listed by William Raveis R.E. & Home Services $1,499,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 3,438
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,867
  • Total Building Area: 5,358
  • Gross Building Area: 10,426
  • Building Area: 5,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,358
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000479
  • 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 0008
  • District: 207
  • Parcel: NEWT S:53 B:011 L:0008
  • Block: 11
  • Lot: 8
  • Municipality: NEWTON
  • Latitude: 42.3312
  • Longitude: -71.2233

    Address

  • Full Address: 53 Gammons Rd
  • Address - House Number: 53
  • Address - Street Name: Gammons
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waban
  • Carrier Code: C045
  • 4-Digit Zip Code: 1215
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,623,700

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 49
  • Final Value: 4,343,027
  • High Value: 5,440,506
  • Low Value: 3,245,547

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,762,000
  • Assessed Land Value: $1,528,700
  • Assessed Improvements Value: $4,233,300

    Sales

  • Current Sale Recording Date: Dec 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 184870
  • Previous Sale Recording Date: Jun 26, 2013
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: O
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

$629

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5079 ft²

Average Home Age

53.1 years

Currently For Sale

21 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# 71643666

Frequently Asked Questions

When was property at 53 Gammons Road built and last sold?
The property at 53 Gammons Road was built in 2014 and last sold on Jan 1, 1970 for $3,750,000.
How much is this home worth?
The estimated value of the home located at 53 Gammons Road is $3,622,309.
What are some comparable homes to 53 Gammons Road?
There are currently no comparable homes to 53 Gammons Road.
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