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Brookline 02467 Chestnut Hill
8 Fairway Rd
$1,900,000
● House - Off Market

8 Fairway Rd

Brookline, MA 02467
bedrooms
5 Beds
bathrooms
4 Baths
square feet
5,000 Ft²
$3,323,616
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Fabulous Chestnut Hill location close to Heath School, the Green Line D stop, shops, restaurants, cinema.  Sited on top of a knoll on nearly half an acre, this Colonial-style brick home, custom built in 2003-2005, features open concept floor plan, enhanced by 9' ceilings and dramatic bridal staircase in entry foyer.  The kitchen has granite countertops, Viking 6 burner gas range, large island and breakfast room, opening out to 25'x10' deck.  The spacious family room with picture windows, gas fireplace, built-in cabinetry,  adjoins a bright dining room looking out on the garden.  Master suite has luxurious bathroom with shower, Jacuzzi, bidet and walk-in closet.  In addition to three generous-sized bedrooms on the second floor, on the first floor, there is room currently set up as an office that can be easily converted to a bedroom with access to a full bathroom. Lower level is finished with rooms that can be used as media room, exercise room, playroom and there is a fourth full bath.
Unit Size
5,000 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$399
Property Type
House
Property Taxes
$1,730
HOA Dues
-
Year Built
2003

Payment Calculator

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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 #72012312)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
May 26, 2016 Listed by Hammond Residential R. E. $1,995,000
Listed by Hammond Residential R. E.
Jun 20, 2001 Sold
Premium
Sold
May 7, 2001 Listed by Hammond Residential R. E. $699,000
Listed by Hammond Residential R. E.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,864
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,234
  • Total Building Area: 3,748
  • Gross Building Area: 5,982
  • Building Area: 3,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,748
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000465
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookline School District
  • School Tax School District: BROOKLINE SD
  • Census Tract: 401100

Zoning

  • Zoning: S15

Geography

  • Account Number: 10556015
  • Parcel: BROO B:278C L:0018 S:0000
  • Block: 278C
  • Lot: 18
  • Municipality: BROOKLINE
  • Latitude: 42.3271
  • Longitude: -71.149

    Address

  • Full Address: 8 Fairway Rd
  • Address - House Number: 8
  • Address - Street Name: Fairway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C016
  • 4-Digit Zip Code: 1816
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,855,500

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 3,129,416
  • High Value: 3,623,095
  • Low Value: 2,635,737

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,922,700
  • Assessed Land Value: $1,291,600
  • Assessed Improvements Value: $1,631,100

    Sales

  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88314
  • Previous Sale Recording Date: Jun 20, 2001
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Chestnut Hill

Stats & Trends

Median Asking:

$2,300,000

Sale Price/ft²

$729

Below Asking

0.03%

Average Days on Market

75

Average Home Size

4400 ft²

Average Home Age

67.8 years

Currently For Sale

19 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 25 Winchester St, Brookline, 02446

$5,300 /mo

  • 3 Beds
  • 2 Baths
25 Winchester St, Brookline, 02446 Listing by Inbound Real Estate
Unit for rent at 25 Gibbs St, Brookline, 02446

$5,600 /mo

  • 4 Beds
  • 2 Baths
25 Gibbs St, Brookline, 02446 Listing by Inbound Real Estate
Unit for rent at 100 Winchester St, Brookline, 02446

$5,000 /mo

  • 4 Beds
  • 1 Bath
100 Winchester St, Brookline, 02446 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72012312

Frequently Asked Questions

When was property at 8 Fairway Road built and last sold?
The property at 8 Fairway Road was built in 2003 and last sold on Jan 1, 1970 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 8 Fairway Road is $1,999,743.
What are some comparable homes to 8 Fairway Road?
There are currently no comparable homes to 8 Fairway Road.
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