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Belmont 02478 Belmont Hill
118 Rutledge Rd
$1,685,000
● House - Off Market

118 Rutledge Rd

Belmont, MA 02478
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,304 Ft²
$2,792,273
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Big, Bold, and Beautiful best describes this gracious Center Entrance Colonial sited on a well landscaped corner lot in Belmont Hill. High ceilings, generous room sizes, crown and dentil moldings, hardwood floors throughout, granite counters in kitchen with separate breakfast room that has glass sliders to flagstone patio with retractable awning, first floor library with fireplace, five bedrooms on second level, plus central air and a slate roof make this gracious home a must see. Other features include walk up attic for storage, separate staircase to second level au pair suite, front to back playroom in basement with built-in wet bar, two water meters, irrigation system for lawn, and mature plantings and trees.
Unit Size
3,304 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$514
Property Type
House
Property Taxes
$1,447
HOA Dues
-
Year Built
1936

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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: 5 months ago (MLSPIN #72005289)

Price History

Date / Event Date Event Price
Dec 29, 2016 Sold
Premium
Sold
May 13, 2016 Listed by Century 21 Adams Lawndale $1,699,000
Listed by Century 21 Adams Lawndale

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,188
  • Total Building Area: 3,304
  • Building Area: 3,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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: 357100

Zoning

  • Zoning: SB

Geography

  • Parcel: BELM M:50 P:000049 S:
  • Municipality: BELMONT
  • Latitude: 42.4072
  • Longitude: -71.1753

    Address

  • Full Address: 118 Rutledge Rd
  • Address - House Number: 118
  • Address - Street Name: Rutledge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C021
  • 4-Digit Zip Code: 2633
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,411,000

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,382,120
  • High Value: 2,804,885
  • Low Value: 1,959,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,145,000
  • Assessed Land Value: $1,062,000
  • Assessed Improvements Value: $1,083,000

    Sales

  • Current Sale Contract Date: Dec 22, 2016
  • Current Sale Recording Date: Dec 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1750488
  • Previous Sale Recording Date: Feb 20, 2008
  • Previous Sale Document Type: 48
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 Hill

Stats & Trends

Median Asking:

$1,950,000

Sale Price/ft²

$626

Below Asking

0.03%

Average Days on Market

64

Average Home Size

4351 ft²

Average Home Age

70 years

Currently For Sale

18 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 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72005289

Frequently Asked Questions

When was property at 118 Rutledge Road built and last sold?
The property at 118 Rutledge Road was built in 1936 and last sold on Dec 22, 2016 for $1,685,000.
How much is this home worth?
The estimated value of the home located at 118 Rutledge Road is $1,717,953.
What are some comparable homes to 118 Rutledge Road?
There are currently no comparable homes to 118 Rutledge Road.
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