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Belmont 02478 Cushing Square
166 Lewis Rd
$1,375,000
● House - Off Market

166 Lewis Rd

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,661 Ft²
$2,089,437
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

A colonial style home that has many new updates without compromising it's character. A welcoming foyer leads to an open concept kitchen that has sapphire blue granite, Kraftmaid cabinets in solid cherry, and stainless steel appliances. The second floor has three large bedrooms with an additional room that would be perfect for an office. The master bedroom has extra closet space for the extended wardrobe and an updated bath. The privacy of the third floor bedroom would be perfect for the returning millennial, frequent house guest, or game room. Other updates include new windows, Nest Thermostats and fiberglass insulation in all exterior walls. With a two car garage, fenced in backyard with 22X22 deck directly off the kitchen, central air and finished basement, this home has something to offer for everyone.
Unit Size
2,661 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$489
Property Type
House
Property Taxes
$1,012
HOA Dues
-
Year Built
1935

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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 #72112718)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Jan 26, 2017 Listed by RE/MAX Leading Edge $1,300,000
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,544
  • Total Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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:08 P:000021 S:
  • Municipality: BELMONT
  • Latitude: 42.382
  • Longitude: -71.1645

    Address

  • Full Address: 166 Lewis Rd
  • Address - House Number: 166
  • Address - Street Name: Lewis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C039
  • 4-Digit Zip Code: 3833
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,022,100

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,359,441
  • High Value: 2,731,446
  • Low Value: 1,987,436

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,799,000
  • Assessed Land Value: $913,000
  • Assessed Improvements Value: $886,000

    Sales

  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47743
  • Previous Sale Recording Date: Sep 07, 2006
  • Previous Sale Document Type: 27
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:

$1,324,500

Sale Price/ft²

$600

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2151 ft²

Average Home Age

95.8 years

Currently For Sale

21 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

$2,830 /mo

  • Studio
  • 1 Bath
  • 767 ft²
20 Watertown St. #Studio D, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72112718

Frequently Asked Questions

When was property at 166 Lewis Road built and last sold?
The property at 166 Lewis Road was built in 1935 and last sold on Jan 1, 1970 for $1,375,000.
How much is this home worth?
The estimated value of the home located at 166 Lewis Road is $1,348,766.
What are some comparable homes to 166 Lewis Road?
There are currently no comparable homes to 166 Lewis Road.
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