NOT LISTED FOR SALE
8 Beds
4 Baths
4,392 Sq Ft
8,276 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $1,160,000 $264 Per Sq Ft

13 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Shops
  • Community Pool
  • Park
  • 4-minute walk to McKenna Playground

About This Home

As of September 2023

172-174 Newton Street is a value-add opportunity in a dynamic, high demand residential market. The opportunity exists to increase rents through programmatic upgrades to the unrenovated units as well as to renovate and utilize the third-floor bedrooms in 174-R and 174-1. The 4-unit asset has undergone recent capital upgrades including a new roof and updated electrical. Additionally, there is ample off-street parking along the side of the property as well as the rear. 172-174 Newton Street is centrally located in a high-density residential neighborhood adjacent to downtown Waltham and its vibrant shops, restaurants and nightlife. The Property is located 10 miles to the west of Boston and 2 miles from both I-90 and I-95 offering convenient access to Boston, Cambridge, and the Route 128 Technology Corridor. The location also benefits from its proximity to Brandeis University (5,900 students) and Bentley University (5,600 students), which are both located within 2 miles of the property.

Last Listed By

John Pentore

Horvath & Tremblay Listed on: 08/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,931

Year Built

  • Built in 1900

Lot Details

  • 8,276

Home Design

  • 4,392 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 8,276 Sq Ft Lot
  • Separate Meters
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $6,675
  • Assessor Parcel Number 840110

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $24,262
  • Net Operating Income $55,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,931

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Unfinished
  • Living Area: 4392
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 239.07
  • PRICE PER Sq Ft: 264.12
  • MAIN SO: BB5763

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 840110
  • Zoning: NA
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276
  • Lot Size Units: Acres
  • PAGE: 10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11931
  • Tax Book Number: 69690

Multi Family

  • Gross Income: 80100
  • Net Operating Income: 55838
  • Number Of Units Total: 4
  • Operating Expense: 24262
  • Total Actual Rent: 6675
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/29/2023 09/29/23 Sold $1,160,000 +10.5% $264 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $1,050,000 -- $239 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73144635

MLS Property Information Network (MLS PIN)