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Waltham 02451 West End
15 Cutting Lane
$330,000
● House - Off Market

15 Cutting Lane

Waltham, MA 02453
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,278 Ft²
$577,871
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

This 1920's Bungalow has great potential with some TLC!  The property has a nicely landscaped large fenced in yard and a single car detached garage.  The first floor features an open living room/dining room with natural woodwork, built-in hutch and hardwood floors.  The second floor attic has potential for additional living space.  The house has vinyl siding and replacement windows.   The location is close to shopping, restaurants, public transportation, and has easy access to the major highways.  *Please note this is an Estate Sale Subject to Legal Review*
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$258
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1920

Payment Calculator

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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 #71909222)

Price History

Date / Event Date Event Price
Nov 13, 2015 Sold
Premium
Sold
Sep 23, 2015 Listed by Kirsch Real Estate $329,900
Listed by Kirsch Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 950
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,784
  • Total Building Area: 950
  • Gross Building Area: 2,074
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 950
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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: 368300

Zoning

  • Zoning: 1

Geography

  • Account Number: 31156
  • Parcel: WALT M:057 B:009 L:0021
  • Block: 9
  • Lot: 21
  • Municipality: WALTHAM
  • Latitude: 42.376
  • Longitude: -71.2638

    Address

  • Full Address: 15 Cutting Ln
  • Address - House Number: 15
  • Address - Street Name: Cutting
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Waltham
  • Carrier Code: C038
  • 4-Digit Zip Code: 1737
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,900

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 595,809
  • High Value: 706,760
  • Low Value: 484,858

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $570,400
  • Assessed Land Value: $400,500
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Recording Date: Nov 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 193363

    Financing

  • First Mortgage Financing Type: UNK
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 West End

Stats & Trends

Median Asking:

$649,450

Sale Price/ft²

$498

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2092 ft²

Average Home Age

60.5 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

$3,680 /mo

  • 2 Beds
  • 2 Baths
  • 1,398 ft²
70 Hope Ave #Lincoln (Plus Den), Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,555 /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# 71909222

Frequently Asked Questions

When was property at 15 Cutting Lane built and last sold?
The property at 15 Cutting Lane was built in 1920 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 15 Cutting Lane is $347,775.
What are some comparable homes to 15 Cutting Lane?
There are currently no comparable homes to 15 Cutting Lane.
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