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Newton 02464 Newton Upper Falls
953 Chestnut St
$1,010,000
● House - Off Market

953 Chestnut St

Newton, MA 02464
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,885 Ft²
$1,641,499
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Superb colonial meticulously cared for by its current and only owners. Great location convenient to Chestnut Hill shops and restaurants, Newton Center, Waban Center, Route 9, and the Green Line in Waban. This home has it all. Enter to a gracious foyer and formal living and dining rooms. Kitchen has granite counters and custom cabinets as well as an eat in nook with ample seating. Enjoy a Sox game after dinner in the den or relax with a book. 2nd floor has 3 bedrooms including the en suite master bedroom with sizable walk in closet and generous 2nd and 3rd bedrooms. Walk out lower level provides a huge family room great for entertainment with access to the stone patio. All the while enjoying the beautifully manicured backyard. Lower level also includes a bonus 150 sq. ft. +/- fitness room. The perfect family home.
Unit Size
2,885 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$345
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1993

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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 #72069966)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Benoit Real Estate Group ,LLC $1,250,000
Listed by Benoit Real Estate Group ,LLC
Nov 29, 2016 Sold
Premium
Sold
Sep 18, 2016 Listed by Benoit Real Estate Group ,LLC $995,000
Listed by Benoit Real Estate Group ,LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,139
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,832
  • Total Building Area: 2,385
  • Gross Building Area: 5,006
  • Building Area: 2,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,385
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000272
  • 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: 374100

Zoning

  • Zoning: MR1

Geography

  • Account Number: 51002 0010A
  • District: 207
  • Parcel: NEWT S:51 B:002 L:0010A
  • Block: 2
  • Lot: 10A
  • Municipality: NEWTON
  • Latitude: 42.316
  • Longitude: -71.2263

    Address

  • Full Address: 953 Chestnut St
  • Address - House Number: 953
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton Upper Falls
  • Carrier Code: C091
  • 4-Digit Zip Code: 1101
  • Zip Code: 02464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,421,200

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,718,879
  • High Value: 2,021,485
  • Low Value: 1,416,274

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,456,100
  • Assessed Land Value: $842,400
  • Assessed Improvements Value: $613,700

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 153526
  • Previous Sale Recording Date: Feb 02, 2018
  • 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 Newton Upper Falls

Stats & Trends

Median Asking:

$1,425,000

Sale Price/ft²

$535

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2536 ft²

Average Home Age

60.9 years

Currently For Sale

9 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 months ago
Data Source: MLS PIN, MLS# 72069966

Frequently Asked Questions

When was property at 953 Chestnut Street built and last sold?
The property at 953 Chestnut Street was built in 1993 and last sold on Jul 7, 2021 for $1,420,000.
How much is this home worth?
The estimated value of the home located at 953 Chestnut Street is $1,330,123.
What are some comparable homes to 953 Chestnut Street?
There are currently no comparable homes to 953 Chestnut Street.
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