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Waltham 02452 North Waltham
124 Raffaele Dr
$980,000
● House - Off Market

124 Raffaele Dr

Waltham, MA 02452
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,456 Ft²
$1,426,828
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

HIGHLY DESIRABLE PIGEON HILL ESTATES!!  Only one owner in this young colonial that features 3 bedrooms plus an office, 2.5 baths, kitchen with island, formal living room and dining room and large family room with fireplace. Recent updates include a newer roof, remodeled kitchen, remodeled master bath, and newer furnace and exterior freshly painted. This home has central air, a deck, landscaped private yard, and a 2 car garage and is on a cul de sac.
Unit Size
2,456 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$406
Property Type
House
Property Taxes
$866
HOA Dues
-
Year Built
1993

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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 months ago (MLSPIN #72592494)

Price History

Date / Event Date Event Price
Dec 24, 2019 Sold
Premium
Sold
Nov 14, 2019 Listed by Coldwell Banker Residential Brokerage - Belmont $998,000
Listed by Coldwell Banker Residential Brokerage - Belmont
Jul 16, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,436
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,716
  • Total Building Area: 2,456
  • Gross Building Area: 4,352
  • Building Area: 2,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368901

Geography

  • Account Number: 187924
  • Parcel: WALT M:035 B:001 L:0011
  • Block: 1
  • Lot: 11
  • Municipality: WALTHAM
  • Latitude: 42.3988
  • Longitude: -71.2208

    Address

  • Full Address: 124 Raffaele Dr
  • Address - House Number: 124
  • Address - Street Name: Raffaele
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Waltham
  • Carrier Code: C031
  • 4-Digit Zip Code: 0314
  • Zip Code: 02452

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,080,700

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,249,614
  • High Value: 1,470,164
  • Low Value: 1,029,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,121,100
  • Assessed Land Value: $541,100
  • Assessed Improvements Value: $580,000

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Dec 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 205670
  • Previous Sale Recording Date: Jul 16, 1993
  • Previous Sale Amount: $319,530
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 North Waltham

Stats & Trends

Median Asking:

$865,000

Sale Price/ft²

$465

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2652 ft²

Average Home Age

41.8 years

Currently For Sale

20 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 237 Moody St., Waltham, MA, 02453

$3,605 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms K, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72592494

Frequently Asked Questions

When was property at 124 Raffaele Drive built and last sold?
The property at 124 Raffaele Drive was built in 1993 and last sold on Dec 23, 2019 for $980,000.
How much is this home worth?
The estimated value of the home located at 124 Raffaele Drive is $1,019,252.
What are some comparable homes to 124 Raffaele Drive?
There are currently no comparable homes to 124 Raffaele Drive.
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