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Newton 02468 Waban
711 Chestnut St
$1,250,000
● House - Off Market

711 Chestnut St

Newton, MA 02468
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,533 Ft²
$2,464,006
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

This Waban Craftsman is truly a delightful discovery! Refresh your spirit in this custom-decorated Victorian era home on a large, level lot with easy-care landscape. Treats include a $200k ultra gourmet kitchen renovation and expansion. back porch addition overlooking a serene, fully fenced back yard, formal dining room with period hand painted artwork, french drain system with 2 pumps, exercise room, huge 2 car garage under, handy side street driveway. Also, cozy 1st floor library, 2nd floor home office/nursery. Airy interior. Move right in.
Unit Size
2,533 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$513
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
1910

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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 #71567972)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
Mar 17, 2021 Listed by RE/MAX Leading Edge $1,699,000
Listed by RE/MAX Leading Edge
Oct 10, 2013 Sold
Premium
Sold
Aug 10, 2013 Listed by RE/MAX Leading Edge $1,299,000
Listed by RE/MAX Leading Edge
Aug 3, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 23
  • 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: 1,578
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,359
  • Total Building Area: 2,303
  • Gross Building Area: 4,817
  • Building Area: 2,303
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,303
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POTTER POND
  • Land Acres: 0000000421
  • 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: 53026 0001
  • District: 207
  • Parcel: NEWT S:53 B:026 L:0001
  • Block: 26
  • Lot: 1
  • Municipality: NEWTON
  • Latitude: 42.3255
  • Longitude: -71.2267

    Address

  • Full Address: 711 Chestnut St
  • Address - House Number: 711
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waban
  • Carrier Code: C049
  • 4-Digit Zip Code: 2018
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,838,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 2,171,492
  • High Value: 2,519,892
  • Low Value: 1,823,092

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,883,900
  • Assessed Land Value: $1,302,700
  • Assessed Improvements Value: $581,200

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 147165
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$632

Below Asking

0.02%

Average Days on Market

75

Average Home Size

5045 ft²

Average Home Age

49.8 years

Currently For Sale

20 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71567972

Frequently Asked Questions

When was property at 711 Chestnut Street built and last sold?
The property at 711 Chestnut Street was built in 1910 and last sold on Jun 29, 2021 for $1,750,000.
How much is this home worth?
The estimated value of the home located at 711 Chestnut Street is $1,693,804.
What are some comparable homes to 711 Chestnut Street?
There are currently no comparable homes to 711 Chestnut Street.
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