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Newton 02467 Chestnut Hill
85 Commonwealth Ave
$1,950,000
● House - Off Market

85 Commonwealth Ave

Newton, MA 02467
bedrooms
7 Beds
bathrooms
4 Baths, 3 Half Baths
square feet
4,661 Ft²
$2,021,712
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Proudly sited overlooking the carriage lane and Boston College in coveted Chestnut Hill, this beautiful home sits on a majestic corner lot with over half an acre of land. Less than 1/4 mile to the B line, this location has easy access to Newton Centre, Boston College and greater Boston. Loved for many years this home presents an opportunity to enjoy or renovate in the coveted Ward School district. Gorgeous original detail, millwork and abundant stained glass throughout. The spacious foyer opens to the living room with a fireplace & pocket doors open to the dining room. Across the foyer is a lovely den with fireplace & French doors to the generous family room. At the back of the home are the eat-in kitchen and mudroom. A huge sunroom & powder room complete this level. On the 2nd level is the primary suite with an en suite bath & dressing room, plus 2 more large bedrooms with en suite half baths and a hall full bath. The 3rd level offers 3-4 more bedrooms & 2 full bathrooms. Central AC.
Unit Size
4,661 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$428
Property Type
House
Property Taxes
$1,886
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72913308)

Price History

Date / Event Date Event Price
May 11, 2022 Sold
Premium
Sold
Oct 27, 2021 Listed by Compass $1,995,000
Listed by Compass
Oct 12, 1999 Sold
Premium
Sold
Mar 26, 1999 Listed by Compass $1,239,000
Listed by Compass

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,265
  • Total Building Area: 4,065
  • Gross Building Area: 7,721
  • Building Area: 4,065
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,065
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000557
  • 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: 373500

Zoning

  • Zoning: SR2

Geography

  • Account Number: 63008 0044
  • District: 207
  • Parcel: NEWT S:63 B:008 L:0044
  • Block: 8
  • Lot: 44
  • Municipality: NEWTON
  • Latitude: 42.3393
  • Longitude: -71.1705

    Address

  • Full Address: 85 Commonwealth Ave
  • Address - House Number: 85
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C007
  • 4-Digit Zip Code: 1004
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,983,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 2,312,109
  • High Value: 2,680,882
  • Low Value: 1,943,337

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,031,800
  • Assessed Land Value: $1,354,700
  • Assessed Improvements Value: $677,100

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70553
  • Previous Sale Recording Date: Apr 26, 2004
  • 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 Chestnut Hill

Stats & Trends

Median Asking:

$2,330,000

Sale Price/ft²

$730

Below Asking

0.03%

Average Days on Market

77

Average Home Size

4213 ft²

Average Home Age

69.1 years

Currently For Sale

22 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 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 1600 Commonwealth Ave, Brighton, 02135

$2,750 /mo

  • 2 Beds
  • 1 Bath
1600 Commonwealth Ave, Brighton, 02135 Listing by Inbound Real Estate
Unit for rent at 0 Strathmore Rd, Brookline, 02445

$3,000 /mo

  • 2 Beds
  • 1 Bath
0 Strathmore Rd, Brookline, 02445 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# 72913308

Frequently Asked Questions

When was property at 85 Commonwealth Avenue built and last sold?
The property at 85 Commonwealth Avenue was built in 1900 and last sold on May 10, 2022 for $1,950,000.
How much is this home worth?
The estimated value of the home located at 85 Commonwealth Avenue is $1,998,609.
What are some comparable homes to 85 Commonwealth Avenue?
There are currently no comparable homes to 85 Commonwealth Avenue.
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