264-290 Grove StreetNewton, MA 02466MLS Number 72194208

  • Sale Price: $45,500,000
  • 531 Days Since Sale
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Federal 30-year interest rate: 4.63% last updated on Dec 13, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 99Bedrooms
  • 7.05Acreage
  • 198Bathroom
  • 1965Year Built

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This development at Riverside, a distinctive community consisting of 126 market rate units situated on 7 acres in Newton, Massachusetts. The site features 8 separate brick buildings with a mix of studios, one bedrooms and two bedroom apartments. Additionally, this irreplaceable asset offers residents ample parking with roughly 160 spaces and is strategically situated directly across the street from the Green Line Riverside MBTA station. This site presents investors with unprecedented value-add opportunity in one of the highest barrier to entry markets nationally. The development showcases a truly unmatched location and not only is the property near the Mass Pike (I-90) and Route 128 (I-95) interchange, but the Riverside Green Line MBTA station is steps away, 0.2 miles and a 4 minute walk specifically. This advantageously located asset provides residents incredible access to local submarket amenities and deep employer base.

Listed by Jason Weissman and Kevin Benzinger of Boston Realty Advisors

Listing Sold by Boston Realty Advisors

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More Info

Parking

  • Garage Spaces99
  • Parking Spaces99

Building

  • Year Built1965
  • Bathroom198
  • Full Baths99
  • Half Baths99
  • Bedrms 12
  • Bedrms 22
  • Bedrooms99
  • Total Brs99
  • Rms 12
  • Total Fbh99
  • Rms 22
  • Total Flrs2
  • Rms CommonOther (See Remarks)
  • Total Frplcs99
  • Total Half Baths99
  • Total Levels2
  • No Units99
  • No Rooms4
  • Total Rms99
  • Total Rooms4
  • Levels9
  • Col CommonOther (See Remarks)
  • Levels 11
  • Levels 21
  • App CommonOther (See Remarks)
  • BasementNo
  • FoundationPoured Concrete
  • DirectionOff Route 128, across form Riverside MBTA Station.
  • Lead PaintUnknown

Basic Information

  • StatusSLD
  • Property Type5+ Family - 5+ Units Up/Down
  • Date Listed04/03/2017
  • List Price$45,000,000
  • Sale Price$45,500,000
  • Price Per Sq Ft$488
  • Status Date2017-07-07T11:46:00
  • Ant Sold Date2017-07-06T00:00:00
  • MLS Number72194208

Interior

  • Fire Places99
  • Ife CommonOther (See Remarks)
  • F Bths 21
  • F Bths 11
  • Hea CommonOther (See Remarks)
  • Flrs 11
  • Flrs 21

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos4
  • Photo Date2017-07-07T11:44:00
  • Prop TypeMF

Location

  • Street Num264
  • Building Number264-290
  • StreetGrove Street
  • TownNewton
  • StateMA
  • Zip02466
  • CountyMiddlesex

Property

  • Acreage7.05
  • Lot Size306917
  • Square Feet92274
  • Lease 1Y
  • Lease 2Y
  • Lot DescriptionOther (See Remarks)
  • Total Rent99
  • Assessments99
  • Main SoNB9260
  • Main LoNB9260

Utilities

  • WaterCity/Town Water
  • SewerCity/Town Sewer

Other

  • Year Built DescrpActual
  • Apod AvailableNo
  • View Count17
Boston Luxury Properties
Office: 617-670-1111
1405B Beacon Street
Brookline, MA 02446

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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