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Waltham 02453 Cedar Woods
124 Westgate Rd
$680,000
● House - Off Market

124 Westgate Rd

Waltham, MA 02453
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,372 Ft²
$730,344
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

HIGHLY DESIRABLE CEDARWOOD NEIGHBORHOOD! The first floor is featuring an entertainment-sized living room with a fireplace, a formal dining room, and an eat-in kitchen, offering ample space for family gatherings. The second floor with oversized master bedroom and two bright bedrooms that could be used as an office and kid's room. Updated electric panel and windows, ductless mini-split system. Ready-to-finish basement and garden shed provides additional storage. A private yard and patio area provide space for outdoor entertaining and gardening. Steps to Cedarwood playground and hiking trails. Close to community rails and Brandeis University. Easy access to all major routes!
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$509
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1980

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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 #72999131)

Price History

Date / Event Date Event Price
Aug 11, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by Dreamega International Realty LLC $699,000
Listed by Dreamega International Realty LLC
May 28, 2019 Sold
Premium
Sold
Mar 21, 2019 Listed by Dreamega International Realty LLC $598,000
Listed by Dreamega International Realty LLC
Sep 11, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,277
  • Total Building Area: 1,428
  • Gross Building Area: 2,128
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARWOOD SECS A & B
  • Land Acres: 0000000144
  • 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: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 138568
  • Parcel: WALT M:066 B:016 L:0021
  • Block: 16
  • Lot: 21
  • Municipality: WALTHAM
  • Latitude: 42.3678
  • Longitude: -71.2645

    Address

  • Full Address: 124 Westgate Rd
  • Address - House Number: 124
  • Address - Street Name: Westgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C028
  • 4-Digit Zip Code: 7651
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,300

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 743,370
  • High Value: 874,085
  • Low Value: 612,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,800
  • Assessed Land Value: $384,500
  • Assessed Improvements Value: $297,300

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123431
  • Previous Sale Recording Date: May 28, 2019
  • Previous Sale Contract Date: May 20, 2019
  • Previous Sale Amount: $582,000
  • Previous Sale Document Type: O

    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 Cedar Woods

Stats & Trends

Median Asking:

$865,500

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2258 ft²

Average Home Age

68 years

Currently For Sale

4 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 70 Hope Ave, Waltham, MA, 02453

$3,422 /mo

  • 2 Beds
  • 2 Baths
  • 1,141 ft²
70 Hope Ave #Holden, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
237 Moody St. #2 Bedrooms X, 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# 72999131

Frequently Asked Questions

When was property at 124 Westgate Road built and last sold?
The property at 124 Westgate Road was built in 1980 and last sold on Aug 11, 2022 for $680,000.
How much is this home worth?
The estimated value of the home located at 124 Westgate Road is $695,379.
What are some comparable homes to 124 Westgate Road?
There are currently no comparable homes to 124 Westgate Road.
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