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Newton 02465 West Newton
62 Ellis Road
Photo of 62 Ellis Road
Sold on Apr 17, 2007

1

Map

$1,850,000
● House - Off Market

62 Ellis Road

Newton, MA 02465
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4,445 Ft²
$3,741,575
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

West Newton Hill...Just completed! Beautiful, brand new construction in one of Newton's premier neighborhoods.  This Colonial features 12 rooms, 6 bedrooms, 6.5 baths, grand designer kitchen opened to fireplaced Family Room, doublesized Dining Room, butlers pantry, Wolf, Sub Zero and Bosch appliances.  Luxurious Master Suite.  Finished lower level (additional 1,240sq.ft.) leads to 3 car garage.
Unit Size
4,445 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$449
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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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: 5 months ago (MLSPIN #70520356)

Price History

Date / Event Date Event Price
Apr 17, 2007 Sold
Premium
Sold
Feb 2, 2007 Listed $1,998,000
Listed
Nov 21, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,926
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,013
  • Total Building Area: 4,522
  • Gross Building Area: 7,222
  • Building Area: 4,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,522
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAUWINET
  • Land Acres: 0000000230
  • 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: 32060 0001
  • District: 207
  • Parcel: NEWT S:32 B:060 L:0001
  • Block: 60
  • Lot: 1
  • Municipality: NEWTON
  • Latitude: 42.3378
  • Longitude: -71.217

    Address

  • Full Address: 62 Ellis Rd
  • Address - House Number: 62
  • Address - Street Name: Ellis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Newton
  • Carrier Code: C002
  • 4-Digit Zip Code: 2917
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,820,600

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 3,127,827
  • High Value: 3,645,153
  • Low Value: 2,610,502

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,890,000
  • Assessed Land Value: $1,177,400
  • Assessed Improvements Value: $1,712,600

    Sales

  • Current Sale Recording Date: Apr 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00068214
  • Previous Sale Recording Date: Nov 21, 2005
  • Previous Sale Amount: $725,000
  • 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 West Newton

Stats & Trends

Median Asking:

$1,297,000

Sale Price/ft²

$599

Below Asking

0.02%

Average Days on Market

66

Average Home Size

4349 ft²

Average Home Age

51.6 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

$3,483 /mo

  • 2 Beds
  • 2 Baths
  • 1,217 ft²
70 Hope Ave #Winchester, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70520356

Frequently Asked Questions

When was property at 62 Ellis Road built and last sold?
The property at 62 Ellis Road was built in 2006 and last sold on Jan 1, 1970 for $1,850,000.
How much is this home worth?
The estimated value of the home located at 62 Ellis Road is $2,008,278.
What are some comparable homes to 62 Ellis Road?
There are currently no comparable homes to 62 Ellis Road.
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