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Newton 02467 Chestnut Hill
55 Chestnut Hill Rd
$4,290,000
● House - Off Market

55 Chestnut Hill Rd

Newton, MA 02467
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
5,400 Ft²
$4,474,242
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Once-in-a-lifetime opportunity to own an incredible mid-century modern home on a generously sized lot in a prime Old Chestnut Hill location. Enter through a gracious foyer to the large den/media room which overlooks the meticulously cared for and tranquil outdoor spaces.  A grand living room with wood burning fireplace and expansive dining and family rooms with beautiful floor to ceiling windows make for thoughtful living and entertaining. A spacious kitchen with a large and windowed breakfast room, mudroom and laundry complete the first floor. The second floor has a glorious primary suite with generously sized bedroom, large dressing room and a spacious, spa like bath with soaking tub. Also on this level are 3 additional bedrooms and full bath. The lower level features a 2 car garage, a large playroom/media room, room for a gym, cedar closet, full bath and ample storage spaces. This stunning home is just minutes from Chestnut Hill's shopping and restaurants with easy access to Boston!
Unit Size
5,400 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$806
Property Type
House
Property Taxes
$2,391
HOA Dues
-
Year Built
1952

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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 #72989055)

Price History

Date / Event Date Event Price
Jul 18, 2022 Sold
Premium
Sold
May 31, 2022 Listed by MGS Group Real Estate LTD $4,350,000
Listed by MGS Group Real Estate LTD

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 3,920
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,532
  • Total Building Area: 3,968
  • Gross Building Area: 7,888
  • Building Area: 3,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000793
  • 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: 63030 0016
  • District: 207
  • Parcel: NEWT S:63 B:030 L:0016
  • Block: 30
  • Lot: 16
  • Municipality: NEWTON
  • Latitude: 42.3323
  • Longitude: -71.1618

    Address

  • Full Address: 55 Chestnut Hill Rd
  • Address - House Number: 55
  • Address - Street Name: Chestnut Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C004
  • 4-Digit Zip Code: 1309
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,915,800

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 3,645,049
  • High Value: 4,308,635
  • Low Value: 2,981,463

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,012,100
  • Assessed Land Value: $2,828,000
  • Assessed Improvements Value: $1,184,100

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109209
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:

$2,300,000

Sale Price/ft²

$729

Below Asking

0.03%

Average Days on Market

78

Average Home Size

4349 ft²

Average Home Age

71.7 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

Unit for rent at 1400 Commonwealth Ave, Allston, 02134

$1,100 /mo

  • 3 Beds
  • 1 Bath
1400 Commonwealth Ave, Allston, 02134 Listing by Inbound Real Estate
Unit for rent at 1300 Commonwealth Ave, Allston, 02134

$3,700 /mo

  • 3 Beds
  • 1 Bath
1300 Commonwealth Ave, Allston, 02134 Listing by Inbound Real Estate
Unit for rent at 0 Scottfield Rd, Allston, 02134

$2,600 /mo

  • 2 Beds
  • 1 Bath
0 Scottfield Rd, Allston, 02134 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72989055

Frequently Asked Questions

When was property at 55 Chestnut Hill Road built and last sold?
The property at 55 Chestnut Hill Road was built in 1952 and last sold on Jul 14, 2022 for $4,290,000.
How much is this home worth?
The estimated value of the home located at 55 Chestnut Hill Road is $4,368,784.
What are some comparable homes to 55 Chestnut Hill Road?
There are currently no comparable homes to 55 Chestnut Hill Road.
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