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Newton 02465 West Newton
71 Fairway Dr
$775,000
● House - Off Market

71 Fairway Dr

Newton, MA 02465
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,130 Ft²
$1,311,990
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Fabulous Center Entrance Colonial on popular side street in West Newton. First floor offers front to back Living room with wood burning fireplace and sun room with access to deck and yard with mature plantings. Dining room which opens to kitchen also has access to deck and yard. Half bath. Open circular floor plan.  The second floor has 3 bedrooms and two full baths. Master bedroom has updated bath with steam shower and great closet space.  The lower level is finished with separate laundry area and direct access to the one car garage.  Conveniently located between West Newton Square and Newtonville offering easy access to public transportation and major highways.
Unit Size
2,130 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$352
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1940

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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: 5 months ago (MLSPIN #71905501)

Price History

Date / Event Date Event Price
Nov 17, 2015 Sold
Premium
Sold
Sep 16, 2015 Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. $749,000
Listed by Coldwell Banker Residential Brokerage - Newton - Centre St.
Jun 15, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,710
  • Total Building Area: 1,630
  • Gross Building Area: 2,659
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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: 374500

Zoning

  • Zoning: SR3

Geography

  • Account Number: 31027 0002
  • District: 207
  • Parcel: NEWT S:31 B:027 L:0002
  • Block: 27
  • Lot: 2
  • Municipality: NEWTON
  • Latitude: 42.3553
  • Longitude: -71.218

    Address

  • Full Address: 71 Fairway Dr
  • Address - House Number: 71
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Newton
  • Carrier Code: C011
  • 4-Digit Zip Code: 1737
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,108,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,282,858
  • High Value: 1,512,321
  • Low Value: 1,053,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,135,800
  • Assessed Land Value: $852,600
  • Assessed Improvements Value: $283,200

    Sales

  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1715600
  • Previous Sale Recording Date: Jun 15, 1988
  • Previous Sale Amount: $259,600
  • 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 West Newton

Stats & Trends

Median Asking:

$1,297,000

Sale Price/ft²

$599

Below Asking

0.02%

Average Days on Market

66

Average Home Size

4349 ft²

Average Home Age

51.6 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

Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,531 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
237 Moody St. #2 Bedrooms BB, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71905501

Frequently Asked Questions

When was property at 71 Fairway Drive built and last sold?
The property at 71 Fairway Drive was built in 1940 and last sold on Jan 1, 1970 for $775,000.
How much is this home worth?
The estimated value of the home located at 71 Fairway Drive is $791,312.
What are some comparable homes to 71 Fairway Drive?
There are currently no comparable homes to 71 Fairway Drive.
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