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Newton 02468 Waban
872 Chestnut Street
$1,272,500
● House - Off Market

872 Chestnut Street

Newton, MA 02468
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,080 Ft²
$1,690,933
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Waban! Sensational and Crisp home renovated 10 years ago. 7 room, 3 bedroom, 2.5 bath colonial exuding warmth, charm & sophistication! Terrific open layout w/ a kitchen to cook in to your heart's content. Creme cabinetry, earth tone granite, Crema Marfil subway tile back splash, beautiful island. Glass doors in the dining room lead to an exquisite patio & fenced backyard. 1st floor family room /office. MBR w/walk in closet & gorgeous bath. 1/2 mile to Waban Center, 'T', Angier Elementary and Windsor Club. Offers, if any, are due on Monday April 8th by 5:00 pm. Sellers reserve all rights to accept an offer prior to the deadline.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$570
Property Type
House
Property Taxes
$956
HOA Dues
-
Year Built
1930

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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 #72475253)

Price History

Date / Event Date Event Price
Jun 17, 2019 Sold
Premium
Sold
Apr 3, 2019 Listed by Unlimited Sotheby's International Realty $1,185,000
Listed by Unlimited Sotheby's International Realty
May 12, 2015 Sold
Premium
Sold
Mar 11, 2015 Listed by Unlimited Sotheby's International Realty $975,000
Listed by Unlimited Sotheby's International Realty
Jun 23, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 841
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,442
  • Total Building Area: 2,080
  • Gross Building Area: 2,973
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOWARD PARK
  • Land Acres: 0000000171
  • 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: 374200

Zoning

  • Zoning: SR2

Geography

  • Account Number: 54001 0025
  • District: 207
  • Parcel: NEWT S:54 B:001 L:0025
  • Block: 1
  • Lot: 25
  • Municipality: NEWTON
  • Latitude: 42.3196
  • Longitude: -71.226

    Address

  • Full Address: 872 Chestnut St
  • Address - House Number: 872
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waban
  • Carrier Code: C049
  • 4-Digit Zip Code: 2320
  • Zip Code: 02468

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,378,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,736,812
  • High Value: 2,048,368
  • Low Value: 1,425,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,412,100
  • Assessed Land Value: $1,108,700
  • Assessed Improvements Value: $303,400

    Sales

  • Current Sale Contract Date: Jun 04, 2019
  • Current Sale Recording Date: Jun 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82621
  • Previous Sale Recording Date: May 12, 2015
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: O
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 Waban

Stats & Trends

Median Asking:

$2,398,000

Sale Price/ft²

$639

Below Asking

0.02%

Average Days on Market

72

Average Home Size

4715 ft²

Average Home Age

56.4 years

Currently For Sale

21 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72475253

Frequently Asked Questions

When was property at 872 Chestnut Street built and last sold?
The property at 872 Chestnut Street was built in 1930 and last sold on Jun 4, 2019 for $1,272,500.
How much is this home worth?
The estimated value of the home located at 872 Chestnut Street is $1,196,519.
What are some comparable homes to 872 Chestnut Street?
There are currently no comparable homes to 872 Chestnut Street.
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