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Newton 02467 Chestnut Hill
56 Lawrence Road
$1,705,000
● House - Off Market

56 Lawrence Road

Newton, MA 02467
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,038 Ft²
$3,951,912
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

TURN OF THE CENTURY SHINGLE STYLE WITH WRAP AROUND PORCH IN CHESTNUT HILL'S HISTORIC NEIGHBORHOOD.  GRACIOUS PROPORTIONS, PERIOD LIBRARY, 6 BEDROOMS, 3 1/2 BATHS, COUNTRY KITCHEN W/WOOD BURNING STOVE. HURRY !
Unit Size
4,038 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$433
Property Type
House
Property Taxes
$851
HOA Dues
-
Year Built
1890

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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 #30598080)

Price History

Date / Event Date Event Price
Jun 25, 2002 Sold
Premium
Sold
Apr 17, 2002 Listed by Rutledge Properties $1,750,000
Listed by Rutledge Properties
Jun 14, 1996 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 3,913
  • Gross Building Area: 6,809
  • Building Area: 3,913
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,913
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 63025 0001
  • District: 207
  • Parcel: NEWT S:63 B:025 L:0001
  • Block: 25
  • Lot: 1
  • Municipality: NEWTON
  • Latitude: 42.3292
  • Longitude: -71.1711

    Address

  • Full Address: 56 Lawrence Rd
  • Address - House Number: 56
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C006
  • 4-Digit Zip Code: 1230
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,404,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 3,394,290
  • High Value: 4,157,059
  • Low Value: 2,631,521

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,463,100
  • Assessed Land Value: $1,648,600
  • Assessed Improvements Value: $814,500

    Sales

  • Current Sale Recording Date: Jun 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 110
  • Previous Sale Recording Date: Jun 14, 1996
  • Previous Sale Amount: $764,000
  • Previous Sale Document Type: 27
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

75

Average Home Size

4400 ft²

Average Home Age

67.8 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

Unit for rent at 1800 Beacon St, Brookline, 02445

$4,200 /mo

  • 3 Beds
  • 2 Baths
1800 Beacon St, Brookline, 02445 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# 30598080

Frequently Asked Questions

When was property at 56 Lawrence Road built and last sold?
The property at 56 Lawrence Road was built in 1890 and last sold on Jan 1, 1970 for $1,705,000.
How much is this home worth?
The estimated value of the home located at 56 Lawrence Road is $1,764,900.
What are some comparable homes to 56 Lawrence Road?
There are currently no comparable homes to 56 Lawrence Road.
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