$2,081,625
↓ $100K (4.2%)
●
House -
Off Market
71 Commonwealth Ave
Newton, MA 02467
6 Beds
3 Baths,
1
Half Bath
3,860 Ft²
$3,278,146
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model
About This Property
A true Urban Oasis! This elegant Spanish Colonial home was built in
1913, is tucked away on a private 1/2 acre of landscaped grounds in
prime Chestnut Hill. This beautiful home has been extensively
renovated for today's modern living. There are 6 bedrooms, 3 full
and 1 half bathrooms. The sun drenched first floor is complete with
a chef's kitchen, open living and dining room, and family room with
floor to ceiling windows. This incredible property boasts a heated
in-ground pool and cabana. Located minutes from public
transportation, private and public schools, Boston College, the
Chestnut Hill Reservoir, shops and restaurants at The Street and
Chestnut Square. A short commute to Boston, Cambridge, and Longwood
Medical area.
Unit Size
3,860 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$544
Property Type
House
Property Taxes
$1,843
HOA Dues
-
Year Built
1913
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72177888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Price Decreased |
$2,299,000
↓ $100K
(4.2%) | |
| Price Decreased | |||
| Mar 14, 2024 | Price Decreased |
$2,399,000
↓ $100K
(4%) | |
| Price Decreased | |||
| Jan 24, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $2,499,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
This elegant Spanish Colonial home was built in 1913 and has been updated for today's modern living. There are 6 bedrooms, 3 full and 1 half bathrooms. The sun-drenched first floor is complete with a chef's kitchen, open living and dining room, and family room with floor to ceiling windows. Located minutes from public transportation, private and public schools, Boston College, the Chestnut Hill Reservoir, shops and restaurants at The Street and Chestnut Square. A short commute to Boston, Cambridge, and Longwood Medical area.
| |||
| Dec 29, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 28, 2023 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $2,499,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
This elegant Spanish Colonial home was built in 1913 and has been updated for today's modern living. There are 6 bedrooms, 3 full and 1 half bathrooms. The sun-drenched first floor is complete with a chef's kitchen, open living and dining room, and family room with floor to ceiling windows. Located minutes from public transportation, private and public schools, Boston College, the Chestnut Hill Reservoir, shops and restaurants at The Street and Chestnut Square. A short commute to Boston, Cambridge, and Longwood Medical area.
| |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017