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Belmont 02478 Belmont Center
12 Merrill Ave
$852,000
● House - Off Market

12 Merrill Ave

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,747 Ft²
$1,270,718
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Commuters take note...Renovated 3 bedroom Belmont Cape in a super location for commuting by bike or public transportation! Beautiful brand new kitchen with stainless steel appliances, quartz counters, white cabinets and a breakfast bar that leads to the open dining room area. Plenty of living space on the first floor with a formal fireplace living room, a new half bath and a bonus heated family room off the kitchen that opens up to the large level back yard. Second floor features two additional bedrooms with great closet space and a new full bath. The partially finished basement is great for an entertainment room or play space. Refinished hardwood floors and freshly painted throughout. Direct entry one-car automatic garage plus brand new driveway for ample off street parking. Pack your bags and move right in!
Unit Size
1,747 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$492
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
1957

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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: 6 months ago (MLSPIN #72395479)

Price History

Date / Event Date Event Price
Nov 2, 2018 Sold
Premium
Sold
Sep 14, 2018 Listed by FrielEstate $859,000
Listed by FrielEstate
Jun 1, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: R

Geography

  • Parcel: BELM M:22 P:000171 S:
  • Municipality: BELMONT
  • Latitude: 42.3916
  • Longitude: -71.1581

    Address

  • Full Address: 12 Merrill Ave
  • Address - House Number: 12
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Belmont
  • Carrier Code: C018
  • 4-Digit Zip Code: 4019
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,063,300

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,134,271
  • High Value: 1,335,575
  • Low Value: 932,967

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $946,000
  • Assessed Land Value: $737,000
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169392
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: O
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

$669

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2643 ft²

Average Home Age

117 years

Currently For Sale

6 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

$3,745 /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: 6 months ago
Data Source: MLS PIN, MLS# 72395479

Frequently Asked Questions

When was property at 12 Merrill Avenue built and last sold?
The property at 12 Merrill Avenue was built in 1957 and last sold on Jan 1, 1970 for $852,000.
How much is this home worth?
The estimated value of the home located at 12 Merrill Avenue is $889,244.
What are some comparable homes to 12 Merrill Avenue?
There are currently no comparable homes to 12 Merrill Avenue.
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