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$285,000
● Condo - Off Market

101 Beech #3

Belmont, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,007 Ft²
$531,650
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

**FINAL OFFERS ACCEPTED ON APRIL 21ST. All offers must start at a minimum of $285k. Highest bidder will enjoy this sunny top floor unit. There are 6 rooms, incl. a living room, dining room, kitchen with granite counters and s/s appl., and an additional room for an office. Pine floors, abundant closet space, high ceilings, new windows, a private porch and 2-car parking (one rented for $65/mo)complete this offering. Walk just minutes to shops, schools and public trans. Open April 19 & 20 1-2:30
Unit Size
1,007 Ft²
Days on Market
-
Land Size
-
Price per sqft
$283
Property Type
Condo
Property Taxes
$293
HOA Dues
$179
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #70744500)

Price History

Date / Event Date Event Price
May 28, 2008 Sold
Premium
Sold
Apr 15, 2008 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $285,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Interior Details
Level: Third
Width: 12
Length: 16
Area: 192
Level: Third
Features: Flooring - Hardwood
Width: 9
Length: 10
Area: 90
Width: 8
Features: Flooring - Hardwood
Length: 13
Level: Third
Area: 104
Features: Flooring - Stone/Ceramic Tile
Level: Third
Length: 12
Level: Third
Area: 168
Features: Flooring - Hardwood
Width: 14
Features: Flooring - Hardwood
Level: Third
Length: 13
Width: 11
Area: 143
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Vinyl, Flooring - Hardwood
Laundry Features: In Basement, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, Tandem
Exterior Details
Has Property Attached
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Structure Type: Mid-Rise, 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 357791
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $316,000
Tax Annual Amount: $3,512
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $179
Community Features: Public Transportation, Shopping, Park, Laundromat
Pets Allowed: Yes
Complex is Completed
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70744500
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