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Expired

416 Langley Rd, Newton MA 02459

$3,500,000

Estimated $6,028/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $583,333.33

Total Rent: 0/year

Estimated CAP Rate:

18 Bedrooms

Baths

13500

Total Parking: 13 (1 Garage)

11,200 (0.26)

Rare opportunity to develop a 6-unit luxury condo building in the heart of Chestnut Hill Area in Newton, right off Rt 9. The project has been approved through Newton zoning and will be delivered with permits. Each condo unit is approximately 2200 sqft, 3bd/2+bath. The two penthouse units have dedicated roof decks. Building features 12 underground parking spots and design to be a zero-carbon building. Full plans are available.

This home has been viewed 48 times

Last Checked: May 7th, 2024 at 12:36am (Source: MLS PIN #73071646)

Gross Income: $0

Gross Expenses: $4,236

Net Income Calc: $4,236

Annual Expenses for 416 Langley Rd, Newton MA 02459

Total Gross Expenses (Calculated)$4,236/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4236

Annual Income & Unit Breakdown for 416 Langley Rd, Newton MA 02459

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 416 Langley Rd, Newton MA 02459

Listing ID73071646

Property TypeMulti Family

Price3500000 ($259.26/SqFt)

Style5+ Family - 5+ Units Up/down

CityNewton

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total13500

Approximate Lot Size (Acres)0.26

Total Parking13 (1 Garage)

Garage Parking1

Year Built2023

Year Built SourceOwner

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBU1

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 416 Langley Rd, Newton MA 02459

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsBasement Fridge

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 416 Langley Rd, Newton MA 02459

Real Estate Taxes4236

Tax Year2022

Assessed Value$402,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 416 Langley Rd, Newton MA 02459

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 416 Langley Rd, Newton MA 02459

Agent

Name: Gene Bernshtein

Office

Name: Rise Realty

Phone: 617-383-5659

Payment Calculator

, Interest

Property Taxes 353

Principal & Interest 21565.89

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rise Realty

Gene Bernshtein

Agent Phone

Office Phone

(617) 383-5659

Text Agent Call Agent Call Office

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    [unparsed] => 416 Langley Rd, Newton MA 02459
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EXIT

Expired

416 Langley Rd, Newton MA 02459

$3,500,000

Annual Expenses for 416 Langley Rd, Newton MA 02459

Annual Income & Unit Breakdown for 416 Langley Rd, Newton MA 02459

General Information for 416 Langley Rd, Newton MA 02459

Disclosures for 416 Langley Rd, Newton MA 02459

Financial Information for 416 Langley Rd, Newton MA 02459

Location Information for 416 Langley Rd, Newton MA 02459

Contact Information for 416 Langley Rd, Newton MA 02459

Agent

Office

Payment Calculator

Exclusive Listing Agent

Rise Realty

Gene Bernshtein