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Newton 02468 Waban
652 Chestnut Street
$1,072,500
● House - Off Market

652 Chestnut Street

Newton, MA 02468
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,008 Ft²
$1,683,846
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

A smaller scale replica of the original owner's English country home, this gracious Colonial boasts many interior features not found in traditional Colonials such as three window seats for reading, two fireplaces, wide staircases with spacious landings, and multipane windows. There is an inviting backyard for play or entertaining. In 2006, an oversized two car garage was built with a 13x27 loft above, suitable for home office or studio. The aquaduct for jogging, Richardson Field for Saturday soccer games, and the new Zervas Elementary School nearby.   This home is ideally located in the coveted Waban area of Newton with easy access to its  shops, restaurants, and the T.
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$535
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1907

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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 #72165991)

Price History

Date / Event Date Event Price
Jun 26, 2017 Sold
Premium
Sold
May 17, 2017 Listed by Hammond Residential Real Estate $1,075,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 23
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 968
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,995
  • Total Building Area: 2,008
  • Gross Building Area: 3,156
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 53020 0022
  • District: 207
  • Parcel: NEWT S:53 B:020 L:0022
  • Block: 20
  • Lot: 22
  • Municipality: NEWTON
  • Latitude: 42.3274
  • Longitude: -71.2259

    Address

  • Full Address: 652 Chestnut St
  • Address - House Number: 652
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waban
  • Carrier Code: C049
  • 4-Digit Zip Code: 2019
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,288,700

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,553,688
  • High Value: 1,809,305
  • Low Value: 1,298,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,320,400
  • Assessed Land Value: $1,081,700
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Recording Date: Oct 18, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 168472
  • Previous Sale Recording Date: Jun 26, 2017
  • Previous Sale Amount: $1,072,500
  • 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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$629

Below Asking

0.02%

Average Days on Market

75

Average Home Size

4826 ft²

Average Home Age

57.1 years

Currently For Sale

23 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# 72165991

Frequently Asked Questions

When was property at 652 Chestnut Street built and last sold?
The property at 652 Chestnut Street was built in 1907 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 652 Chestnut Street is $1,101,028.
What are some comparable homes to 652 Chestnut Street?
There are currently no comparable homes to 652 Chestnut Street.
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