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Newton 02459 Oak Hill
7 Marcellus Drive
Photo of 7 Marcellus Drive
Sold on Dec 4, 2007

1

Map

$678,775
● House - Off Market

7 Marcellus Drive

Newton, MA 02459
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,499 Ft²
$1,415,757
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

SUNNY & SPACIOUS 9 ROOM, 4 BEDROOM, 2.5 BATH ON OVER 16,000 SQ.FT. LEVEL LANDSCAPED YARD. FAMILYROOM OR OFFICE(16'x12') OFF THE KITCHEN, VAULTED CEILINGS IN THE LIVING ROOM(21'x 13') & DINING ROOM. MANY BUILT-IN BOOKCASES. SCREENED PORCH, DECK, CENTRAL AIR, DIRECT-ENTRY 2 CAR GARAGE. LOVELY TREE LINED STREET. CONVENIENT TO NEWTON CENTRE, SHOPPING, TRANSPORTAION AND SCHOOLS - COUNTRYSIDE, BROWN AND NEWTON SOUTH.
Unit Size
2,499 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$288
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1957

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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 #70662939)

Price History

Date / Event Date Event Price
Dec 4, 2007 Sold
Premium
Sold
Oct 12, 2007 Listed $719,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,582
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,350
  • Total Building Area: 1,654
  • Gross Building Area: 3,732
  • Building Area: 1,654
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000375
  • 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: 374000

Zoning

  • Zoning: SR2

Geography

  • Account Number: 81016 0008
  • District: 207
  • Parcel: NEWT S:81 B:016 L:0008
  • Block: 16
  • Lot: 8
  • Municipality: NEWTON
  • Latitude: 42.3104
  • Longitude: -71.1975

    Address

  • Full Address: 7 Marcellus Dr
  • Address - House Number: 7
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C017
  • 4-Digit Zip Code: 2934
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,225,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,422,157
  • High Value: 1,675,425
  • Low Value: 1,168,890

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,255,800
  • Assessed Land Value: $1,051,300
  • Assessed Improvements Value: $204,500

    Sales

  • Current Sale Recording Date: Dec 04, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00215233
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 Oak Hill

Stats & Trends

Median Asking:

$2,050,000

Sale Price/ft²

$590

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5494 ft²

Average Home Age

28.8 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70662939

Frequently Asked Questions

When was property at 7 Marcellus Drive built and last sold?
The property at 7 Marcellus Drive was built in 1957 and last sold on Jan 1, 1970 for $678,775.
How much is this home worth?
The estimated value of the home located at 7 Marcellus Drive is $760,493.
What are some comparable homes to 7 Marcellus Drive?
There are currently no comparable homes to 7 Marcellus Drive.
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