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Newton 02459 Oak Hill
8 Broken Tree Rd
$745,000
● House - Off Market

8 Broken Tree Rd

Newton, MA 02459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,156 Ft²
$1,742,625
RealtyHop Estimate
118.10%
Since Jan 1, 2003
MA-Boston
Primary Model

About This Property

SPACIOUS LOVELY CONTEMP MULTI-LEVEL IN WONDERFUL CONDITION NEW KIT & BATHROOMS WITH CORIAN PRIVATE MASTER SUITE ON 3RD FLOOR. WONDERFUL FINISHED LOWER LEVEL PRETTY YARD WITH 15000 SF.  WALK TO SPAULDING SCHOOL.
Unit Size
2,156 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$371
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1955

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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 #30622507)

Price History

Date / Event Date Event Price
Dec 17, 2002 Sold
Premium
Sold
Jul 3, 2002 Listed by Prudential Edna Kranz Realty $799,000
Listed by Prudential Edna Kranz Realty

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • 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: 6
  • Basement Area: 1,608
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,073
  • Total Building Area: 2,912
  • Gross Building Area: 4,817
  • Building Area: 2,912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 373901

Zoning

  • Zoning: SR1

Geography

  • Account Number: 82017 0001
  • District: 207
  • Parcel: NEWT S:82 B:017 L:0001
  • Block: 17
  • Lot: 1
  • Municipality: NEWTON
  • Latitude: 42.2975
  • Longitude: -71.1825

    Address

  • Full Address: 8 Broken Tree Rd
  • Address - House Number: 8
  • Address - Street Name: Broken Tree
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C022
  • 4-Digit Zip Code: 3448
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,624,600

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 2,131,732
  • High Value: 2,482,449
  • Low Value: 1,781,014

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,664,600
  • Assessed Land Value: $1,068,300
  • Assessed Improvements Value: $596,300

    Sales

  • Current Sale Recording Date: Dec 17, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1558
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:

$2,195,000

Sale Price/ft²

$589

Below Asking

0.03%

Average Days on Market

75

Average Home Size

5331 ft²

Average Home Age

27 years

Currently For Sale

31 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30622507

Frequently Asked Questions

When was property at 8 Broken Tree Road built and last sold?
The property at 8 Broken Tree Road was built in 1955 and last sold on Jan 1, 1970 for $745,000.
How much is this home worth?
The estimated value of the home located at 8 Broken Tree Road is $826,187.
What are some comparable homes to 8 Broken Tree Road?
There are currently no comparable homes to 8 Broken Tree Road.
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