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Newton 02461 Newton Highlands
55 Bound Brook Rd
Photo of 55 Bound Brook Rd
Sold on Jun 5, 2008

1

Map

$710,500
● House - Off Market

55 Bound Brook Rd

Newton, MA 02461
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,994 Ft²
$1,475,101
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

Bright, spacious 1950's ranch-style house sited on a beautiful 18,000 + square foot lot,  in desirable Newton Highlands location. The property features a renovated kitchen with granite counter tops, wonderful entertaining spaces, including a 22x13 living room with fireplace and a 13x15 dining room. There are also two finished rooms on the lower level,and a two-car garage.
Unit Size
1,994 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$376
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1954

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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 #70705086)

Price History

Date / Event Date Event Price
Jun 9, 2008 Sold
Premium
Sold
Jan 30, 2008 Listed $749,000
Listed
Sep 1, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,994
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,240
  • Total Building Area: 1,994
  • Gross Building Area: 4,398
  • Building Area: 1,994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,994
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000419
  • 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: 374000

Zoning

  • Zoning: SR2

Geography

  • Account Number: 83006 0002
  • District: 207
  • Parcel: NEWT S:83 B:006 L:0002
  • Block: 6
  • Lot: 2
  • Municipality: NEWTON
  • Latitude: 42.3123
  • Longitude: -71.2047

    Address

  • Full Address: 55 Bound Brook Rd
  • Address - House Number: 55
  • Address - Street Name: Bound Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Highlands
  • Carrier Code: C075
  • 4-Digit Zip Code: 2014
  • Zip Code: 02461

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,203,600

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,556,810
  • High Value: 1,834,238
  • Low Value: 1,279,383

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,233,200
  • Assessed Land Value: $1,046,500
  • Assessed Improvements Value: $186,700

    Sales

  • Current Sale Recording Date: Jun 09, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01474694
  • Previous Sale Recording Date: Sep 01, 1998
  • Previous Sale Amount: $490,000
  • 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 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

3090 ft²

Average Home Age

28.2 years

Currently For Sale

19 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# 70705086

Frequently Asked Questions

When was property at 55 Bound Brook Road built and last sold?
The property at 55 Bound Brook Road was built in 1954 and last sold on Jan 1, 1970 for $710,500.
How much is this home worth?
The estimated value of the home located at 55 Bound Brook Road is $786,556.
What are some comparable homes to 55 Bound Brook Road?
There are currently no comparable homes to 55 Bound Brook Road.
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