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Newton 02465 West Newton
9 Edward Rd
$450,000
● House - Off Market

9 Edward Rd

Newton, MA 02465
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$764,818
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Small Ranch style house in need of rehab or to be razed.  Being sold "as is".  Any/all offers to be submitted on Monday at 5 PM.  Open house Saturday 12 to 1:30 PM and Sunday 12:30 to 2 PM.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$416
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
2013

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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 #71527528)

Price History

Date / Event Date Event Price
May 20, 2014 Sold
Premium
Sold
Jul 1, 2013 Sold
Premium
Sold
May 17, 2013 Listed by Carley Realty, Inc. $399,000
Listed by Carley Realty, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,095
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,503
  • Total Building Area: 2,480
  • Gross Building Area: 4,196
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 374600

Zoning

  • Zoning: SR3

Geography

  • Account Number: 34037 0025
  • District: 207
  • Parcel: NEWT S:34 B:037 L:0025
  • Block: 37
  • Lot: 25
  • Municipality: NEWTON
  • Latitude: 42.3592
  • Longitude: -71.2309

    Address

  • Full Address: 9 Edward Rd
  • Address - House Number: 9
  • Address - Street Name: Edward
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Newton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1120
  • Zip Code: 02465

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,754,300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,975,157
  • High Value: 2,328,450
  • Low Value: 1,621,865

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,797,400
  • Assessed Land Value: $793,800
  • Assessed Improvements Value: $1,003,600

    Sales

  • Current Sale Recording Date: May 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65999
  • Previous Sale Recording Date: Jul 01, 2013
  • Previous Sale Amount: $450,000
  • 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 West Newton

Stats & Trends

Median Asking:

$1,299,000

Sale Price/ft²

$587

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3769 ft²

Average Home Age

60.1 years

Currently For Sale

27 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 237 Moody St., Waltham, MA, 02453

$2,750 /mo

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

$3,827 /mo

  • 3 Beds
  • 2 Baths
  • 1,516 ft²
70 Hope Ave #Weston, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71527528

Frequently Asked Questions

When was property at 9 Edward Road built and last sold?
The property at 9 Edward Road was built in 2013 and last sold on Jan 1, 1970 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 9 Edward Road is $419,020.
What are some comparable homes to 9 Edward Road?
There are currently no comparable homes to 9 Edward Road.
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