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Newton 02468 Waban
612 Chestnut St
$1,190,000
● House - Off Market

612 Chestnut St

Newton, MA 02468
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,378 Ft²
$1,707,790
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Major price reduction, motivated seller! Beautifully situated on a corner lot in desirable Waban Square. This stunning Village Tudor features charming detail, hardwood floors, numerous built-ins, all on a  23,652 square foot lot.  The first floor offers a spacious living room with fireplace, dining room, office, family room, full bath, eat-in kitchen adjacent to a patio, and spectacular, yard,. There are four bedrooms, including the master suite, with family bath. The lower level is finished with an au-pair/guest suite, bath and laundry room.Two-car garage, HVAC system, deck, and development or expansion potential, buyers to do their own due diligence. Near schools, transportation, highways, parks, restaurants, and D line to Boston.Do not miss this amazing opportunity.
Unit Size
2,378 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$504
Property Type
House
Property Taxes
$968
HOA Dues
-
Year Built
1921

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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 #72501780)

Price History

Date / Event Date Event Price
Nov 12, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Unlimited Sotheby's International Realty $1,199,000
Listed by Unlimited Sotheby's International Realty
May 11, 2011 Sold
Premium
Sold
Dec 29, 2003 Sold
Premium
Sold
Oct 10, 2003 Listed by Coldwell Banker Realty - Sudbury $859,000
Listed by Coldwell Banker Realty - Sudbury
WABAN SLATE ROOF TUDOR ON 1/2+ACRE.GOREGOUS LEVEL REAR YARD. ARTS & CRAFT DETAIL.LR WITH FRENCH MARBLE FP & BEAMED CEIL. SUN ROOM,1ST FLR OFF.HDWD FLRS.AC,SRINKLERS,SECURITY.QUICK OCCUPANCY POSSIBLE. PRICED TO SELL! GREAT CURB APPEAL.
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Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 13
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 777
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,652
  • Total Building Area: 2,378
  • Gross Building Area: 3,689
  • Building Area: 2,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,378
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000543
  • 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: 374300

Zoning

  • Zoning: SR2

Geography

  • Account Number: 53014 0001
  • District: 207
  • Parcel: NEWT S:53 B:014 L:0001
  • Block: 14
  • Lot: 1
  • Municipality: NEWTON
  • Latitude: 42.329
  • Longitude: -71.2254

    Address

  • Full Address: 612 Chestnut St
  • Address - House Number: 612
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waban
  • Carrier Code: C049
  • 4-Digit Zip Code: 1615
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,413,800

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,777,636
  • High Value: 2,096,515
  • Low Value: 1,458,757

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,448,600
  • Assessed Land Value: $1,269,600
  • Assessed Improvements Value: $179,000

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 176511
  • Previous Sale Recording Date: May 11, 2011
  • Previous Sale Amount: $1,505
  • 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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$631

Below Asking

0.02%

Average Days on Market

75

Average Home Size

4679 ft²

Average Home Age

58.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72501780

Frequently Asked Questions

When was property at 612 Chestnut Street built and last sold?
The property at 612 Chestnut Street was built in 1921 and last sold on Oct 30, 2019 for $1,190,000.
How much is this home worth?
The estimated value of the home located at 612 Chestnut Street is $1,233,827.
What are some comparable homes to 612 Chestnut Street?
There are currently no comparable homes to 612 Chestnut Street.
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