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Newton 02465 West Newton
8 Taft Ave
$516,000
● House - Off Market

8 Taft Ave

Newton, MA 02465
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$960,432
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Price adjusted! This is a great house! Charming 3 bed 2 full bath colonial situated on a quite street in a desirable neighborhood. Spacious first floor layout with, living room, dining room, eat in kitchen and a full bath. Second floor has 3 family size bedrooms and a full bath. Full basement with laundry, and tons of potential to create a playroom or work out room. Enclosed front porch. Nice deck off of the kitchen over looking a private back yard. Two car garage. Walking distance to Albermarle field, schools and public transportation. This is a great house, come take a look!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$391
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1906

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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: 6 months ago (MLSPIN #71711315)

Price History

Date / Event Date Event Price
Nov 12, 2014 Sold
Premium
Sold
Jul 9, 2014 Listed by RE/MAX Leading Edge $524,900
Listed by RE/MAX Leading Edge
Oct 28, 2004 Sold
Premium
Sold
Sep 9, 2004 Listed by RE/MAX Leading Edge $527,000
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • 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: 7
  • Basement Area: 588
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,308
  • Gross Building Area: 2,370
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 34013 0012
  • District: 207
  • Parcel: NEWT S:34 B:013 L:0012
  • Block: 13
  • Lot: 12
  • Municipality: NEWTON
  • Latitude: 42.3611
  • Longitude: -71.2223

    Address

  • Full Address: 8 Taft Ave
  • Address - House Number: 8
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Newton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1326
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $715,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 878,844
  • High Value: 1,023,433
  • Low Value: 734,254

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Recording Date: Nov 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173239
  • Previous Sale Recording Date: Oct 28, 2004
  • Previous Sale Amount: $518,000
  • 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 West Newton

Stats & Trends

Median Asking:

$1,295,000

Sale Price/ft²

$598

Below Asking

0.02%

Average Days on Market

66

Average Home Size

4693 ft²

Average Home Age

51.5 years

Currently For Sale

26 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

$2,934 /mo

  • 1 Bed
  • 1 Bath
  • 1,007 ft²
70 Hope Ave #Melrose, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,345 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms K, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71711315

Frequently Asked Questions

When was property at 8 Taft Avenue built and last sold?
The property at 8 Taft Avenue was built in 1906 and last sold on Jan 1, 1970 for $516,000.
How much is this home worth?
The estimated value of the home located at 8 Taft Avenue is $546,822.
What are some comparable homes to 8 Taft Avenue?
There are currently no comparable homes to 8 Taft Avenue.
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