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Newton 02464 Newton Upper Falls
7 Cheney Court
$455,000
● House - Off Market

7 Cheney Court

Newton, MA 02464
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,560 Ft²
$832,036
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Opportunity, Opportunity, Opportunity!! Attention contractors and/or first time home buyers, here is your opportunity to own in Newton and enjoy all it has to offer for UNDER $500,000! 3 bedroom single family home with eat-in-kitchen, a great room with skylights, and a large deck, on corner lot in Newton Upper Falls.  Lots of potential to make this house your home. Don't Wait!!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$304
Property Type
House
Property Taxes
$407
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 #71888664)

Price History

Date / Event Date Event Price
Nov 2, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by New England Preferred Properties $475,000
Listed by New England Preferred Properties
Jun 17, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,949
  • Total Building Area: 1,925
  • Gross Building Area: 2,800
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RP SNELLING
  • Land Acres: 0000000114
  • 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: 374100

Zoning

  • Zoning: MR1

Geography

  • Account Number: 51032 0007
  • District: 207
  • Parcel: NEWT S:51 B:032 L:0007
  • Block: 32
  • Lot: 7
  • Municipality: NEWTON
  • Latitude: 42.3116
  • Longitude: -71.2184

    Address

  • Full Address: 7 Cheney Ct
  • Address - House Number: 7
  • Address - Street Name: Cheney
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Newton Upper Falls
  • Carrier Code: C092
  • 4-Digit Zip Code: 1405
  • Zip Code: 02464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $827,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 1,121,940
  • High Value: 1,362,104
  • Low Value: 881,776

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $847,500
  • Assessed Land Value: $765,000
  • Assessed Improvements Value: $82,500

    Sales

  • Current Sale Recording Date: Nov 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 186804
  • Previous Sale Recording Date: Jun 17, 2010
  • Previous Sale Amount: $275,000
  • 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 Newton Upper Falls

Stats & Trends

Median Asking:

$1,299,000

Sale Price/ft²

$532

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2474 ft²

Average Home Age

58.4 years

Currently For Sale

10 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71888664

Frequently Asked Questions

When was property at 7 Cheney Court built and last sold?
The property at 7 Cheney Court was built in 1880 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 7 Cheney Court is $508,899.
What are some comparable homes to 7 Cheney Court?
There are currently no comparable homes to 7 Cheney Court.
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