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Newton 02458 Newton Corner
54 Shornecliffe Rd
$985,000
● House - Off Market

54 Shornecliffe Rd

Newton, MA 02458
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,098 Ft²
$1,645,590
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

On Farlow Hill, this light and bright brick Colonial with slate roof has gracious rooms which look out , in the rear, to a beautifully landscaped and level yard - fenced in. Enter this pretty home via a pretty foyer flanked by living room (with sunroom) and dining room on either side. The kitchen has a pretty eat-in area and has been renovated with handsome black granite countertops and excellent storage plus two sinks. The breakfast area looks out onto a gorgeous deck with a retractable awning. There are three bedrooms and two full bathrooms on the second floor. You will enjoy a covered deck off the master bedroom. Many of the windows have been replaced. This property is in beautiful condition. Welcome!
Unit Size
2,098 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$450
Property Type
House
Property Taxes
$801
HOA Dues
-
Year Built
1930

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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 #71834693)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
May 12, 2015 Listed by Hammond Residential R. E. $945,000
Listed by Hammond Residential R. E.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 944
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,951
  • Total Building Area: 2,098
  • Gross Building Area: 3,564
  • Building Area: 2,098
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,098
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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: 373500

Zoning

  • Zoning: SR1

Geography

  • Account Number: 72033 0002
  • District: 207
  • Parcel: NEWT S:72 B:033 L:0002
  • Block: 33
  • Lot: 2
  • Municipality: NEWTON
  • Latitude: 42.3495
  • Longitude: -71.1776

    Address

  • Full Address: 54 Shornecliffe Rd
  • Address - House Number: 54
  • Address - Street Name: Shornecliffe
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton
  • Carrier Code: C032
  • 4-Digit Zip Code: 2438
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,389,400

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,719,767
  • High Value: 2,026,535
  • Low Value: 1,412,998

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,423,600
  • Assessed Land Value: $1,328,700
  • Assessed Improvements Value: $94,900

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103404
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 Corner

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2749 ft²

Average Home Age

78.6 years

Currently For Sale

25 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 20 Watertown St., Watertown, MA, 02472

$3,580 /mo

  • 2 Beds
  • 2 Baths
  • 1,322 ft²
20 Watertown St. #2 Bedrooms J, Watertown, MA, 02472 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# 71834693

Frequently Asked Questions

When was property at 54 Shornecliffe Road built and last sold?
The property at 54 Shornecliffe Road was built in 1930 and last sold on Jan 1, 1970 for $985,000.
How much is this home worth?
The estimated value of the home located at 54 Shornecliffe Road is $970,402.
What are some comparable homes to 54 Shornecliffe Road?
There are currently no comparable homes to 54 Shornecliffe Road.
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