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Newton 02465 West Newton
56 Pratt Dr
$725,000
● House - Off Market

56 Pratt Dr

Newton, MA 02465
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,801 Ft²
$1,034,537
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Sprawling 4 BR, 2 BA Ranch in quiet West Newton neighborhood featuring a spacious Living Room with fireplace. Bright office with built-ins and separate exterior entrance. 3 bedrooms and updated bathroom with barrier free tile floor on one side of the house.  Sitting room, bedroom and additional bath on the other side. Kitchen with skylight and abundance of storage opens to fence enclosed level backyard great for bbq's, gardening, pets and play. Zoned hot water tank off boiler (2013). Central Air (2014).  Roof (2014). Easy maintenance vinyl siding (2017). Wheelchair accessible. Easy access to highways, commuter rail, Russo's, restaurants and Albermarle field . Fantastic opportunity! Open house Saturday and Sunday 12-2.
Unit Size
1,801 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$403
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
2021

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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 #72491669)

Price History

Date / Event Date Event Price
Jun 27, 2019 Sold
Premium
Sold
May 1, 2019 Listed by ERA Key Realty Services- Fram $725,000
Listed by ERA Key Realty Services- Fram
Feb 25, 2000 Sold
Premium
Sold
Dec 28, 1999 Listed by ERA Key Realty Services- Fram $350,000
Listed by ERA Key Realty Services- Fram

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • 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: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,991
  • Total Building Area: 3,224
  • Gross Building Area: 5,581
  • Building Area: 3,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • 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: 374500

Zoning

  • Zoning: SR3

Geography

  • Account Number: 34005 0006
  • District: 207
  • Parcel: NEWT S:34 B:005 L:0006
  • Block: 5
  • Lot: 6
  • Municipality: NEWTON
  • Latitude: 42.3625
  • Longitude: -71.2211

    Address

  • Full Address: 56 Pratt Dr
  • Address - House Number: 56
  • Address - Street Name: Pratt
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Newton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1349
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,363,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 2,217,765
  • High Value: 2,582,637
  • Low Value: 1,852,893

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,422,000
  • Assessed Land Value: $844,600
  • Assessed Improvements Value: $1,577,400

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90601
  • Previous Sale Recording Date: Feb 25, 2000
  • Previous Sale Amount: $338,900
  • 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 West Newton

Stats & Trends

Median Asking:

$1,299,450

Sale Price/ft²

$594

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3749 ft²

Average Home Age

52.9 years

Currently For Sale

29 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 70 Hope Ave, Waltham, MA, 02453

$2,865 /mo

  • 1 Bed
  • 1 Bath
  • 791 ft²
70 Hope Ave #Arlington, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,605 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms K, Waltham, MA, 02453 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# 72491669

Frequently Asked Questions

When was property at 56 Pratt Drive built and last sold?
The property at 56 Pratt Drive was built in 2021 and last sold on Jun 17, 2019 for $725,000.
How much is this home worth?
The estimated value of the home located at 56 Pratt Drive is $744,128.
What are some comparable homes to 56 Pratt Drive?
There are currently no comparable homes to 56 Pratt Drive.
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