NOT LISTED FOR SALE

1281 Walnut St Newton Highlands, MA 02461

Newton Highlands Neighborhood
9 Beds
6 Baths
4,754 Sq Ft
0.38 Acres

Last Sold August 12, 2021

Last sale price $2,090,000 $440 Per Sq Ft

5 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • Countryside Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2021

Investors and Owner Occupants take notice. A cash cow, fully renovated in highly desirable Newton Highlands. Two units totaling 4754 sq ft on a 16577 sq ft SR3 lot. Unit 1 is a 5 bed and unit 2 is a 4 bed, each with 3 baths on 2 floors. The renovated units historically have attracted high quality tenants. Unit 2 is rented for $4950 with a lease expiring 8/31/22. Unit 1 is currently paying $5150 and will vacate 8/31/21. Opportunities galore for an owner occupant or savvy investor. The numbers work on this one. 8 Minute walk to Countryside Elementary, 9 Minute walk to Newton Highlands Shops, Restaurants and Newton Highlands MBTA Stop. Newton Highlands Playground recently underwent a $3.2M renovation including new playground, tennis court, baseball and football fields. Easy access to 128, Mass Pike, "The Street" and The Shops at Chestnut Hill.

Last Agent to Sell the Property

Rev Realty Team

CENTURY 21 Revolution Listed on: 06/23/2021

CENTURY 21 Revolution

Last Buyer's Agent

Montivista Real Estate Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,415

Year Built

  • Built in 1880

Lot Details

  • 0.38 Acre Lot
  • Near Conservation Area

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,754 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Countryside Elementary School
  • Brown Middle School
  • Newton South High School

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $10,100
  • Assessor Parcel Number 707035

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,415

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2.5%
  • Sub Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 4754
  • Stories Total: 4
  • MAIN LO: AN1224
  • LIST PRICE PER Sq Ft: 440.68
  • PRICE PER Sq Ft: 439.63
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 707035
  • Zoning: SR3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16552.8
  • Lot Size Units: Acres
  • LOT SIZE: 16577
  • PAGE: 346

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15415
  • Tax Book Number: 56508

Multi Family

  • Gross Income: 59400
  • Net Operating Income: 59400
  • Number Of Units Total: 2
  • Total Actual Rent: 10100
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 2
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Newton South
  • Elementary School: Countryside
  • Middle Or Junior School: Brown

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $2,090,000 -0.2% $440 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $2,095,000 -- $441 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rev Realty Team

    CENTURY 21 Revolution

    (617) 982-7175

    1 in this area

    58 Total Sales

    Rev Realty Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72854630

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Newton Highlands 02461 Newton Highlands

1281 Walnut St, Newton Highlands, MA

This home is located at 1281 Walnut St, Newton Highlands, MA 02461 since 23 June 2021. This property was built in 1880. 1281 Walnut St is a home located in Middlesex County with nearby schools including Countryside Elementary School, Charles E Brown Middle School, and Newton South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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