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Belmont 02478 Belmont Center
112 School
$1,370,000
● House - Off Market

112 School

Belmont, MA 02478
bedrooms
7 Beds
bathrooms
3 Baths
square feet
3,024 Ft²
$1,732,023
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

A wraparound porch welcomes you to this expansive 11-room Victorian home. Built in 1895 and lovingly maintained by the same family for 70 years, the property features period details, original woodwork, 2 sun filled living rooms with fireplace, dining room, an updated kitchen, and a full bath on the main floor. The second floor offers four generously sized bedrooms with spacious closets, and 2 full baths. A fabulous 3rd floor presents 2 bedrooms with built-ins, a potential master suite, and 2 additional rooms for renovation or storage. This is a great central location close to Wellington elementary, Chenery MS and Belmont HS. Belmont Center, Public Library, pool and transportation is close by. Sited on a 9100 Sq. Ft lot with detached garage, this property should not be missed. Offered at $1,200,000.
Unit Size
3,024 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$397
Property Type
House
Property Taxes
$1,156
HOA Dues
-
Year Built
1895

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72461759)

Price History

Date / Event Date Event Price
Apr 17, 2019 Sold
Premium
Sold
Mar 7, 2019 Listed by Coldwell Banker Residential Brokerage - Belmont $1,200,000
Listed by Coldwell Banker Residential Brokerage - Belmont

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,822
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,100
  • Total Building Area: 3,024
  • Gross Building Area: 6,302
  • Building Area: 3,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belmont School District
  • School Tax School District: BELMONT SD
  • Census Tract: 357200

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:23 P:000094 S:
  • Municipality: BELMONT
  • Latitude: 42.392
  • Longitude: -71.1692

    Address

  • Full Address: 112 School St
  • Address - House Number: 112
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3019
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,678,100

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 2,255,567
  • High Value: 2,766,904
  • Low Value: 1,744,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,493,000
  • Assessed Land Value: $813,000
  • Assessed Improvements Value: $680,000

    Sales

  • Current Sale Contract Date: Apr 11, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47651
  • Previous Sale Recording Date: Dec 30, 2010
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Belmont Center

Stats & Trends

Median Asking:

$1,595,000

Sale Price/ft²

$679

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2604 ft²

Average Home Age

90.7 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72461759

Frequently Asked Questions

When was property at 112 School Street built and last sold?
The property at 112 School Street was built in 1895 and last sold on Apr 11, 2019 for $1,370,000.
How much is this home worth?
The estimated value of the home located at 112 School Street is $1,227,127.
What are some comparable homes to 112 School Street?
There are currently no comparable homes to 112 School Street.
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