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.
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Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73089287)
Gross Income: $0
Gross Expenses: $8,000
Net Income Calc: $8,000
Annual Expenses for 416-418 Langley, Newton MA 02459
Total Gross Expenses (Calculated)$8,000/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8000
Annual Income & Unit Breakdown for 416-418 Langley, 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 416-418 Langley, Newton MA 02459
Listing ID73089287
Property TypeMulti Family / 5+ Family
Price3500000 ($259.26/SqFt)
Style5-9 Family
CityNewton
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total13500
Approximate Lot Size (Acres)0.26
Total Parking13 (1 Garage)
Garage Parking1
Year Built2013
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 416-418 Langley, Newton MA 02459
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
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 416-418 Langley, Newton MA 02459
Real Estate Taxes8000
Tax Year2022
Assessed Value$800,000
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 416-418 Langley, Newton MA 02459
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 416-418 Langley, Newton MA 02459