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Belmont 02478 Cushing Square
12 Selwyn Rd
$1,235,000
● House - Off Market

12 Selwyn Rd

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,644 Ft²
$1,317,158
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Colonial home in sought after area! The owners have taken great care of their lovely home and are ready to pass along its warmth and charm to new owners. Living room with fireplace opens to a wonderful grand dining room perfect for large gatherings with family and friends. The fully applianced kitchen has been updated and there is a full bathroom and den on this level. The 2nd level features an updated bath with skylights and there is a full walk up to an unfinished attic. The lower level is unfinished and has endless possibilities.  Enjoy a peaceful afternoon in the rear yard which has an array of plantings that attracts numerous bird species. The home has been painted and floors refinished in preparation of sale.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$745
Property Type
House
Property Taxes
$1,054
HOA Dues
-
Year Built
1930

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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 #73050545)

Price History

Date / Event Date Event Price
Dec 6, 2022 Sold
Premium
Sold
Oct 25, 2022 In contract -
In contract
Oct 20, 2022 Listed by RE/MAX Revolution $1,225,000
Listed by RE/MAX Revolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: 357400

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:07 P:000041 S:
  • Municipality: BELMONT
  • Latitude: 42.3854
  • Longitude: -71.1694

    Address

  • Full Address: 12 Selwyn Rd
  • Address - House Number: 12
  • Address - Street Name: Selwyn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C029
  • 4-Digit Zip Code: 3556
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,336,400

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,394,049
  • High Value: 1,641,866
  • Low Value: 1,146,232

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,189,000
  • Assessed Land Value: $873,000
  • Assessed Improvements Value: $316,000

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 177880
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 Cushing Square

Stats & Trends

Median Asking:

$1,353,500

Sale Price/ft²

$606

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2277 ft²

Average Home Age

98.6 years

Currently For Sale

17 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: 5 months ago
Data Source: MLS PIN, MLS# 73050545

Frequently Asked Questions

When was property at 12 Selwyn Road built and last sold?
The property at 12 Selwyn Road was built in 1930 and last sold on Dec 6, 2022 for $1,235,000.
How much is this home worth?
The estimated value of the home located at 12 Selwyn Road is $1,231,907.
What are some comparable homes to 12 Selwyn Road?
There are currently no comparable homes to 12 Selwyn Road.
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