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Newton 02467 Chestnut Hill
541 Hammond St
$2,000,000
● House - Off Market

541 Hammond St

Newton, MA 02467
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,753 Ft²
$3,993,788
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Exercise at home. Heated indoor pool, cathedral ceiling, skylights. Colonial Revival in Chestnut Hill Historic district on 1.13 acres of gorgeous grounds. State-of-the-art amenities, rich architectural details, combined with modern amenities. Dramatic family room with series of glass doors, skylights .Granite kitchen, sliders  to deck, fountain. Master suite with 2 bathrooms, fireplaces.Private road across from Longwood Cricket Club. Close to shops, MBTA with easy access to Boston.
Unit Size
4,753 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$442
Property Type
House
Property Taxes
$1,705
HOA Dues
-
Year Built
1925

Payment Calculator

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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: 5 months ago (MLSPIN #71486423)

Price History

Date / Event Date Event Price
Jul 31, 2013 Sold
Premium
Sold
Feb 26, 2013 Listed by Hammond Residential R. E. $2,099,000
Listed by Hammond Residential R. E.
Apr 30, 2004 Sold
Premium
Sold
Jun 12, 2003 Listed by Hammond Residential R. E. $1,850,000
Listed by Hammond Residential R. E.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,169
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 49,278
  • Total Building Area: 6,997
  • Gross Building Area: 11,788
  • Building Area: 6,997
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 6,997
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001131
  • 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: 373600

Zoning

  • Zoning: SR1

Geography

  • Account Number: 63037 0021
  • District: 207
  • Parcel: NEWT S:63 B:037 L:0021
  • Block: 37
  • Lot: 21
  • Municipality: NEWTON
  • Latitude: 42.3249
  • Longitude: -71.1656

    Address

  • Full Address: 541 Hammond St
  • Address - House Number: 541
  • Address - Street Name: Hammond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C006
  • 4-Digit Zip Code: 1703
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,885,100

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 4,324,462
  • High Value: 5,014,197
  • Low Value: 3,634,727

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,980,600
  • Assessed Land Value: $2,398,600
  • Assessed Improvements Value: $1,582,000

    Sales

  • Current Sale Recording Date: Jul 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000016
  • Previous Sale Recording Date: Apr 30, 2004
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: 48
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 Chestnut Hill

Stats & Trends

Median Asking:

$2,297,500

Sale Price/ft²

$733

Below Asking

0.02%

Average Days on Market

74

Average Home Size

5047 ft²

Average Home Age

72.6 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 0 Strathmore Rd, Brookline, 02445

$3,000 /mo

  • 2 Beds
  • 1 Bath
0 Strathmore Rd, Brookline, 02445 Listing by Inbound Real Estate
Unit for rent at 125 Chiswick Rd, Brighton, 02135

$3,600 /mo

  • 3 Beds
  • 2 Baths
125 Chiswick Rd, Brighton, 02135 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71486423

Frequently Asked Questions

When was property at 541 Hammond Street built and last sold?
The property at 541 Hammond Street was built in 1925 and last sold on Jan 1, 1970 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 541 Hammond Street is $2,102,528.
What are some comparable homes to 541 Hammond Street?
There are currently no comparable homes to 541 Hammond Street.
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