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Newton 02458 Newton Corner
559 Centre Street
Photo of 559 Centre Street
Sold on Jul 8, 2008

1

Map

$550,000
● House - Off Market

559 Centre Street

Newton, MA 02458
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,996 Ft²
$1,121,204
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Lovingly maintained and very spacious 7 room Colonial.  Charming Living Room with beamed ceiling, natural woodwork, deep moldings and working fireplace.  Room on 1st floor with separate entrance is perfect for at home professional.  Ideal location!  Close to Pike and Xpress.  "Real Curb Appeal".
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$286
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1920

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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 #70674837)

Price History

Date / Event Date Event Price
Jul 7, 2008 Sold
Premium
Sold
Nov 7, 2007 Listed $569,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,572
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,952
  • Total Building Area: 2,080
  • Gross Building Area: 6,993
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 373100

Zoning

  • Zoning: MR1

Geography

  • Account Number: 12020 0003
  • District: 207
  • Parcel: NEWT S:12 B:020 L:0003
  • Block: 20
  • Lot: 3
  • Municipality: NEWTON
  • Latitude: 42.3519
  • Longitude: -71.1863

    Address

  • Full Address: 559 Centre St
  • Address - House Number: 559
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton
  • Carrier Code: C022
  • 4-Digit Zip Code: 2347
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $912,400

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,318,212
  • High Value: 1,552,147
  • Low Value: 1,084,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $934,800
  • Assessed Land Value: $906,000
  • Assessed Improvements Value: $28,800

    Sales

  • Current Sale Recording Date: Jul 07, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00111718
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:

$1,325,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2660 ft²

Average Home Age

81.9 years

Currently For Sale

24 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

$3,065 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, 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# 70674837

Frequently Asked Questions

When was property at 559 Centre Street built and last sold?
The property at 559 Centre Street was built in 1920 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 559 Centre Street is $601,499.
What are some comparable homes to 559 Centre Street?
There are currently no comparable homes to 559 Centre Street.
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