1 month on rocket

1036-1038 Chestnut St, Newton, MA, 02464

$2,375,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 4 Partial
5,176 SqFt
$459/SqFt
Multi

Location

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1036-1038 Chestnut St, Needham$2,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built2024
MLS #73289354
StatusActive

About 1036-1038 Chestnut St

Investors! 1036-1038 Chestnut street in Newton is a multi-family that features two brand new residential units. The building is located in the Upper Falls historic district. Plenty of parking, plenty of outdoor space, and located minutes from 90, 95, and route 9. This property is ideal for investors looking for rental income. The renovation has been completed and offers luxury finishes. Hurry up before its gone!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 5,176 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate - Park Plaza
  • Office Phone: (617) 267-3500
  • Listing Agent: Brody Murphy Novak Group

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

School Info

Assigned Schools Information:

  • Needham High School, Public District Grades 9-12
  • Pollard Middle School, Public District Grades 7-8
  • Newman Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,375,000
  • Price Per SqFt: $459/SqFt

Tax Information:

  • Annual Amount: $6,260
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Needham, MA.

Med. Sold Price

$1.5M

Med. Price/SqFt

$508

Avg. Days On Market

39

# of Sold Homes

15

1036-1038 Chestnut St vs Needham

41 DAYS ON ROCKET

+2 Days

$2,375,000

+$800K More

$459/SqFt

-$50 Less

KEY TAKEAWAY

This property is $800K more than the Median Sold Price and $50/SqFt less than other homes in Needham, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73289354

Listing Office:

  • Office Name: Douglas Elliman Real Estate - Park Plaza
  • Office Phone: (617) 267-3500
  • Listing Agent: Brody Murphy Novak Group

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/23/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,260$581,800
2020$6,074$581,800
2019$5,682$543,700
2018$5,584$516,100
2017$5,265$473,500

History based on county public records data.

Payment Calculator

$11.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,187

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-958824
8
/10
  • Newman Elementary School

  • 1155 Central Ave

  • 1.96 miles

  • Public District Grades PK-5

Middle School

school-card-donut-958825
10
/10
  • Pollard Middle School

  • 200 Harris Ave

  • 1.18 miles

  • Public District Grades 7-8

High School

school-card-donut-958826
8
/10
  • Needham High School

  • 609 Webster St

  • 1.83 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,846. The majority of Needham, MA residents have income between $100k-200k annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMassachusettsNorfolk CountyNeedham024641036-1038 Chestnut St

This home is located at 1036-1038 Chestnut St in Newton, MA and zip code 02464. This 5,176 square foot home was built in 2024. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $2,375,000.

Needham, MA housing market in September 2024 saw over 6 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. Between August 2024 and September 2024, Needham, MA real estate market has seen increase in the number of listings by 18.2%. The median list price of listings available in September 2024 was $1,575,000, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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