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Newton 02459 Oak Hill
54 Drumlin Rd
$1,160,000
● House - Off Market

54 Drumlin Rd

Newton, MA 02459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,092 Ft²
$1,993,900
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Sited on over a 17,000 square foot lot (.39 acre), this bright contemporary home offers over 2,000 square feet of living space on two levels.  The first floor boasts an open floor plan with a beautifully updated eat-in-kitchen with stainless steel appliances, granite countertops, a large center island and sliders to the patio and large backyard, living room  and three bedrooms including a master with en-suite bathroom and a deck.  The lower level offers an 11.5' x 21' family room, office den and additional bedroom.  Other highlights include a direct entry garage and central air.  This property is conveniently located closed to public schools, shopping, restaurants and highway access.
Unit Size
2,092 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$609
Property Type
House
Property Taxes
$974
HOA Dues
-
Year Built
1983

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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 #72238273)

Price History

Date / Event Date Event Price
May 15, 2018 Sold
Premium
Sold
Nov 28, 2017 Sold
Premium
Sold
Sep 27, 2017 Listed by Unlimited Sotheby's International Realty $1,275,000
Listed by Unlimited Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,297
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,138
  • Total Building Area: 1,443
  • Gross Building Area: 2,840
  • Building Area: 1,443
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,443
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000393
  • 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: 373901

Zoning

  • Zoning: SR1

Geography

  • Account Number: 82025 0033
  • District: 207
  • Parcel: NEWT S:82 B:025 L:0033
  • Block: 25
  • Lot: 33
  • Municipality: NEWTON
  • Latitude: 42.306
  • Longitude: -71.1808

    Address

  • Full Address: 54 Drumlin Rd
  • Address - House Number: 54
  • Address - Street Name: Drumlin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C002
  • 4-Digit Zip Code: 2807
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,502,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,998,465
  • High Value: 2,354,365
  • Low Value: 1,642,565

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,539,300
  • Assessed Land Value: $1,035,900
  • Assessed Improvements Value: $503,400

    Sales

  • Current Sale Recording Date: May 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1787509
  • Previous Sale Recording Date: Nov 28, 2017
  • Previous Sale Amount: $1,160,000
  • Previous Sale Document Type: 54
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 Oak Hill

Stats & Trends

Median Asking:

$2,075,000

Sale Price/ft²

$588

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5401 ft²

Average Home Age

30.6 years

Currently For Sale

28 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# 72238273

Frequently Asked Questions

When was property at 54 Drumlin Road built and last sold?
The property at 54 Drumlin Road was built in 1983 and last sold on Jan 1, 1970 for $1,390,000.
How much is this home worth?
The estimated value of the home located at 54 Drumlin Road is $1,278,043.
What are some comparable homes to 54 Drumlin Road?
There are currently no comparable homes to 54 Drumlin Road.
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