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Newton 02468 Waban
7 Beethoven Avenue
$1,090,000
● House - Off Market

7 Beethoven Avenue

Newton, MA 02468
bedrooms
6 Beds
bathrooms
4 Baths
square feet
2,565 Ft²
$1,915,502
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Wonderful Waban! .6 mile to Waban Sq and Greenline T plus walk to Newton Center as well.  21,000+ sf lot with FAR (floor area ratio) for a 6944 sf house.  Walk out basement.  27.5' Newton Drain Easement along back lot line, 10' easement on Beacon side lot line.  Many new houses on Beethoven Street.  New Zervas elementary school will be built across the street (see attached FAQ from City of Newton).  A/C is two zones (not in basement), new boiler with 4 zones.  Mortgage Survey plan is attached.
Unit Size
2,565 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$429
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
2016

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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 #71838797)

Price History

Date / Event Date Event Price
Jun 18, 2015 Sold
Premium
Sold
May 17, 2015 Listed by Coldwell Banker Residential Brokerage - Weston $1,100,000
Listed by Coldwell Banker Residential Brokerage - Weston
Dec 13, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,783
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 21,041
  • Total Building Area: 3,323
  • Gross Building Area: 5,855
  • Building Area: 3,323
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,323
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000483
  • 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: 53016 0025
  • District: 207
  • Parcel: NEWT S:53 B:016 L:0025
  • Block: 16
  • Lot: 25
  • Municipality: NEWTON
  • Latitude: 42.3303
  • Longitude: -71.219

    Address

  • Full Address: 7 Beethoven Ave
  • Address - House Number: 7
  • Address - Street Name: Beethoven
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Waban
  • Carrier Code: C043
  • 4-Digit Zip Code: 1732
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,370,800

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 2,835,347
  • High Value: 3,306,174
  • Low Value: 2,364,519

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,429,100
  • Assessed Land Value: $918,900
  • Assessed Improvements Value: $1,510,200

    Sales

  • Current Sale Recording Date: Jun 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94226
  • Previous Sale Recording Date: Dec 13, 1993
  • Previous Sale Amount: $243,000
  • 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 Waban

Stats & Trends

Median Asking:

$2,399,000

Sale Price/ft²

$629

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5079 ft²

Average Home Age

53.1 years

Currently For Sale

21 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# 71838797

Frequently Asked Questions

When was property at 7 Beethoven Avenue built and last sold?
The property at 7 Beethoven Avenue was built in 2016 and last sold on Jan 1, 1970 for $1,090,000.
How much is this home worth?
The estimated value of the home located at 7 Beethoven Avenue is $1,110,854.
What are some comparable homes to 7 Beethoven Avenue?
There are currently no comparable homes to 7 Beethoven Avenue.
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