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Newton 02458 Newton Corner
62 Jefferson St
$1,450,000
● House - Off Market

62 Jefferson St

Newton, MA 02458
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,467 Ft²
$1,273,666
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to 62 Jefferson Street, Newton Corner. The property is a single-family home that was renovated in 2015 and has 4 large bedrooms. The main bedroom features faulted ceilings and recess lighting and has a full en suite bath; the 2nd and 3rd bedrooms are massive (15 x 14 and 19 x 14) and the fourth is 12x10. The kitchen has white cabinets, granite countertops, under-counter lighting, stainless steel appliances and a large island that fits 4. The first floor also has a dining room, family room and living room, all with 8 ft+ high ceilings. The lower level is finished with a playroom, 13x16 exercise room, full bath and a walkout entrance/exit. The property has central heat and central air and parking for 3 cars and the backyard is private and was remodeled in 2021 to accommodate outside gatherings.
Unit Size
3,467 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$360
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1880

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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 #72941415)

Price History

Date / Event Date Event Price
Apr 4, 2022 Sold
Premium
Sold
Feb 9, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,249,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jul 26, 2019 Sold
Premium
Sold
Sep 15, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,252
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,014
  • Total Building Area: 2,528
  • Gross Building Area: 5,134
  • Building Area: 2,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 373100

Zoning

  • Zoning: MR2

Geography

  • Account Number: 71007 0006
  • District: 207
  • Parcel: NEWT S:71 B:007 L:0006
  • Block: 7
  • Lot: 6
  • Municipality: NEWTON
  • Latitude: 42.3583
  • Longitude: -71.184

    Address

  • Full Address: 62 Jefferson St
  • Address - House Number: 62
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton
  • Carrier Code: C024
  • 4-Digit Zip Code: 1743
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,282,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,604,981
  • High Value: 1,964,833
  • Low Value: 1,245,129

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,313,700
  • Assessed Land Value: $671,700
  • Assessed Improvements Value: $642,000

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50345
  • Previous Sale Recording Date: Jul 26, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: O
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 Newton Corner

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$544

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2765 ft²

Average Home Age

79.3 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 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 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# 72941415

Frequently Asked Questions

When was property at 62 Jefferson Street built and last sold?
The property at 62 Jefferson Street was built in 1880 and last sold on Apr 4, 2022 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 62 Jefferson Street is $1,313,221.
What are some comparable homes to 62 Jefferson Street?
There are currently no comparable homes to 62 Jefferson Street.
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