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$1,550,000
● Condo - Off Market

99 Florence #5BB20

Newton, MA
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,494 Ft²
$2,706,466
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Luxury penthouse residence at The Farm with a private elevator entrance to a grand foyer with skylights. This spacious 2 bedroom, 2.5 bath unit offers an open floor plan. Features include custom built in cabinets, living room with a balcony over looking the pond, high ceilings, master bedroom with bath. An impressive community, outdoor pool, fitness center and exclusively assigned two car tandem garage parking. Conveniently located to public transportation, highway access and "The Street".
Unit Size
2,494 Ft²
Days on Market
-
Land Size
-
Price per sqft
$672
Property Type
Condo
Property Taxes
$1,248
HOA Dues
$1,569
Year Built
-

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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 #72120063)

Price History

Date / Event Date Event Price
May 19, 2017 Sold
Premium
Sold
Feb 17, 2017 Listed by Coldwell Banker Realty - Brookline $1,675,000
Listed by Coldwell Banker Realty - Brookline

Property Highlights

Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 10
Length: 19
Area: 190
Level: First
Width: 14
Length: 11
Area: 154
Width: 14
Length: 25
Level: First
Area: 350
Length: 18
Level: First
Area: 342
Features: Recessed Lighting
Width: 19
Features: Bathroom - Full, Walk-In Closet(s), Double Vanity
Level: First
Length: 17
Width: 15
Area: 255
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Gas Water Heater
Rooms: 6
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Heated Garage, Assigned, Tandem
Garage Spaces: 2
Exterior Details
Has Property Attached
Entry Level: 5
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: The Farm At Chestnut Hill
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Stone
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MR2
Parcel Number: 705793
Water Source: Public
Financial Details
Tax Assessed Value: $1,346,400
Tax Annual Amount: $14,972
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Elevator(s), Fitness Center, Clubroom, Trail(s)
Association Fee Frequency: Monthly
HOA Fee: $1,569
Complex is Completed
Management: Professional - On Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72120063
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