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Newton 02468 Waban
56 Lawmarissa Road
Photo of 56 Lawmarissa Road
Sold on May 20, 2009

1

Map

$945,000
● House - Off Market

56 Lawmarissa Road

Newton, MA 02468
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,706 Ft²
$2,094,361
RealtyHop Estimate
109.65%
Since Jun 1, 2009
MA-Boston
Primary Model

About This Property

WELL LOCATED IN WABAN ON A CUL-DE-SAC, THIS 10 RM COLONIAL SITS ON A BEAUTIFUL 15,509 SQ FT LEVEL LOT. GRACIOUS FOYER, LIVINGRM W/FIREPLACE, DININGRM, 1ST FLOOR FAMILYRM, DECK OFF EAT-IN KITCHEN,LAUNDRYRM, POWDER RM, ENCLOSED PORCH & DECK. 4 CORNER BEDRMS INCLUDING MASTER BEDRM/MASTER BATHRM. LOWER LEVEL PLAYROOM W/FIREPLACE, WET BAR AND HALF BATH. 2-CAR ATTACHED GARAGE, CENTRALLY AIR-CONDITIONED. AN IMMACULATE HOME A SHORT DISTANCE TO SHOPPING/DINING IN WABAN SQ. AS WELL AS THE "D" LINE.
Unit Size
2,706 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$369
Property Type
House
Property Taxes
$781
HOA Dues
-
Year Built
1959

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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 #70876705)

Price History

Date / Event Date Event Price
May 20, 2009 Sold
Premium
Sold
Feb 17, 2009 Listed $999,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,093
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,509
  • Total Building Area: 3,003
  • Gross Building Area: 4,567
  • Building Area: 3,003
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,003
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: 374400

Zoning

  • Zoning: SR2

Geography

  • Account Number: 53034A0013
  • District: 207
  • Parcel: NEWT S:53 B:034A L:0013
  • Block: 34A
  • Lot: 13
  • Municipality: NEWTON
  • Latitude: 42.3304
  • Longitude: -71.2276

    Address

  • Full Address: 56 Lawmarissa Rd
  • Address - House Number: 56
  • Address - Street Name: Lawmarissa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waban
  • Carrier Code: C045
  • 4-Digit Zip Code: 1131
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,910,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 2,185,093
  • High Value: 2,577,063
  • Low Value: 1,793,123

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,957,700
  • Assessed Land Value: $1,235,500
  • Assessed Improvements Value: $722,200

    Sales

  • Current Sale Recording Date: May 20, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00090783
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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$639

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5062 ft²

Average Home Age

48 years

Currently For Sale

20 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70876705

Frequently Asked Questions

When was property at 56 Lawmarissa Road built and last sold?
The property at 56 Lawmarissa Road was built in 1959 and last sold on Jan 1, 1970 for $945,000.
How much is this home worth?
The estimated value of the home located at 56 Lawmarissa Road is $1,042,436.
What are some comparable homes to 56 Lawmarissa Road?
There are currently no comparable homes to 56 Lawmarissa Road.
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