NOT LISTED FOR SALE

40 Dalby St Unit 42 Newton, MA 02458

Nonantum Neighborhood

Estimated Value: $1,527,000 - $1,581,000

8 Beds
5.5 Baths
3,422 Sq Ft
$454/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $1,499,000 $438 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,820/month

8 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Tandem Parking
  • Lincoln-Eliot Elementary School Rated A
  • 1 Fireplace
  • Shops

About This Home

As of March 2024

Stunning, gut-renovated, two-family home in a convenient Newton location with 2 driveways and large yard. This property presents an exceptional opportunity for investors and future homeowners, with rents totaling nearly $8,000 in place through the summer.These condo-quality units are located near other high-end, multi-family renovations and feature luxury granite and stainless steel kitchens and finishes. One unit offers 3 beds and 2.5 baths. The other unit is an owner's dream, with 5 beds, 3 baths and a great room offering soaring ceilings. For individuals seeking to live in one unit and lease the other for income, there is no other property like this in Newton. Property includes laundry space, onsite parking, central air, basement storage, and oversized shed.

Last Agent to Sell the Property

Todd Glaskin

Coldwell Banker Realty - Newton Listed on: 02/07/2024

Coldwell Banker Realty - Newton

Co-Listed By

Gregg Leppo

Coldwell Banker Realty - Newton

Last Buyer's Agent

Douglas Stone

RE/MAX Executive Realty

RE/MAX Executive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,762

Year Built

  • Built in 1890

Lot Details

  • 7,800 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 3,422 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 8 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $8,000
  • Assessor Parcel Number S:11 B:007 L:0041,682015

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Additional Features

  • Shops
  • Net Operating Income $95,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,762

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency: 2.25
  • Transaction Broker: 2.25
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bathrooms: 5.5
  • Basement: Unfinished
  • Living Area: 3422
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 438.05
  • PRICE PER Sq Ft: 438.05
  • MAIN SO: BB1175

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Other (See Remarks)
  • Water Source: Public
  • Hot Water: Natural Gas, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:11 B:007 L:0041,682015
  • Zoning: MR2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7800
  • Lot Size Units: Acres
  • PAGE: 505
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12762
  • Tax Book Number: 69933

Multi Family

  • Gross Income: 95100
  • Net Operating Income: 95100
  • Number Of Units Total: 2
  • Total Actual Rent: 8000
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Keller Ethan A $1,049,300
Closed Glenshane 2 Llc $900,000
Closed Bove Pamela M $360,000
Closed Bove Michele A $243,000
Closed Bove Michele A $135,000
Closed Bove Michele A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $1,499,000 0.0% $438 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $1,499,000 +62.1% $438 / Sq Ft
09/15/2017 09/15/17 Sold $925,000 +4.0% $270 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $889,000 -- $260 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,706 $1,398,600 $681,100 $717,500
2024 $13,253 $1,357,900 $661,300 $696,600
2023 $12,762 $1,253,600 $529,400 $724,200
2022 $12,211 $1,160,700 $490,200 $670,500
2021 $11,458 $1,064,900 $449,700 $615,200
2020 $11,118 $1,064,900 $449,700 $615,200
2019 $9,291 $889,100 $420,300 $468,800
2018 $8,001 $739,500 $394,700 $344,800
2017 $7,544 $678,400 $362,100 $316,300
2016 $7,083 $622,400 $332,200 $290,200
2015 $6,754 $581,700 $310,500 $271,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73200303

MLS Property Information Network (MLS PIN)

APN: NEWT-000011-000007-000041