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Newton 02459 Newton Center
85 Westminster Road
$520,000
● House - Off Market

85 Westminster Road

Newton, MA 02459
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,393 Ft²
$1,936,642
RealtyHop Estimate
266.09%
Since Dec 1, 1998
MA-Boston
Primary Model

About This Property

CLASSIC BRICK/FRAME COLONIAL ON CHOICE N/C STREET.DESIRED 1ST FL.DEN, DEAD END STREET. SALE INCLUDES EXTRA LOT. HOUSE(8350SF)LOT 7044 SF.SYSTEMS UPDATED.FABULOUS 3RD FLOOR SPACE W/SKYLIGHTS.CONVERSION NEEDED TO MAKE GARAGE USEABLE.
Unit Size
2,393 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$221
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1931

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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 years ago (MLSPIN #30257854)

Price History

Date / Event Date Event Price
Nov 19, 1998 Sold
Premium
Sold
Sep 11, 1998 Listed $529,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 851
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,350
  • Total Building Area: 2,561
  • Gross Building Area: 3,722
  • Building Area: 2,561
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,561
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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: 373800

Zoning

  • Zoning: SR2

Geography

  • Account Number: 65006 0009
  • District: 207
  • Parcel: NEWT S:65 B:006 L:0009
  • Block: 6
  • Lot: 9
  • Municipality: NEWTON
  • Latitude: 42.326
  • Longitude: -71.1862

    Address

  • Full Address: 85 Westminster Rd
  • Address - House Number: 85
  • Address - Street Name: Westminster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C012
  • 4-Digit Zip Code: 2335
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,233,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,508,626
  • High Value: 1,756,829
  • Low Value: 1,260,423

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,264,100
  • Assessed Land Value: $910,800
  • Assessed Improvements Value: $353,300

    Sales

  • Current Sale Recording Date: Nov 19, 1998
  • Current Sale Price:
    Premium
  • Current 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 Newton Center

Stats & Trends

Median Asking:

$2,150,000

Sale Price/ft²

$643

Below Asking

0.02%

Average Days on Market

63

Average Home Size

4448 ft²

Average Home Age

81.4 years

Currently For Sale

18 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: 4 years ago
Data Source: MLS PIN, MLS# 30257854

Frequently Asked Questions

When was property at 85 Westminster Road built and last sold?
The property at 85 Westminster Road was built in 1931 and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 85 Westminster Road is $0.
What are some comparable homes to 85 Westminster Road?
There are currently no comparable homes to 85 Westminster Road.
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