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Belmont 02478 Belmont Center
166 School Street
$1,375,000
● House - Off Market

166 School Street

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,252 Ft²
$2,673,987
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

A spectacular great room with vaulted ceiling, gas fireplace & French doors to deck sets the tone for this finely finished home. Generous eat-in kitchen with cherry cabinets,granite/ss appliances, 2004 plumbing, electrical, gas heating system, central air, roofs, irrigation system,security/fire alarm, Bose sound system, formal dining room with bay window, spacious living room with fireplace, hardwood floors, stunning master suite, remodeled third floor.Serene 10,408sf lot.Close to Center/Burbank
Unit Size
3,252 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$429
Property Type
House
Property Taxes
$965
HOA Dues
-
Year Built
1914

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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 #71512735)

Price History

Date / Event Date Event Price
Jun 25, 2013 Sold
Premium
Sold
Apr 22, 2013 Listed by Gibson Sotheby's International Realty $1,395,000
Listed by Gibson Sotheby's International Realty
Jan 31, 1996 Sold
Premium
Sold
Oct 5, 1995 Listed $379,000
Listed
THIS WILLIAMSBURG COL.APPROX.1914 HAS SOME UNIQUE DET. LOVELY YARD 1O408 SQ.FT.OF LAND,SPAC.RMS-FRENCH DOORS MODERN EAT IN KITCHEN W/CHERRY CABINETS-JENNAIR STOVE FARMER PORCH DUTCH DOOR-LOVELY STAIRCASE W/PALLADIAN W TERMITE TREATMENT

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 10,408
  • Total Building Area: 3,252
  • Building Area: 3,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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: 357200

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:23 P:000063 S:
  • Municipality: BELMONT
  • Latitude: 42.3903
  • Longitude: -71.1673

    Address

  • Full Address: 166 School St
  • Address - House Number: 166
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3547
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,919,800

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,319,521
  • High Value: 2,731,177
  • Low Value: 1,907,865

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,708,000
  • Assessed Land Value: $841,000
  • Assessed Improvements Value: $867,000

    Sales

  • Current Sale Recording Date: Jun 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136026
  • Previous Sale Recording Date: Jun 25, 2013
  • Previous Sale Amount: $1,375,000
  • Previous Sale Document Type: O

    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 Belmont Center

Stats & Trends

Median Asking:

$1,599,000

Sale Price/ft²

$680

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2428 ft²

Average Home Age

91.1 years

Currently For Sale

10 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

$3,510 /mo

  • 2 Beds
  • 2 Baths
  • 1,243 ft²
20 Watertown St. #2 Bedrooms E, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71512735

Frequently Asked Questions

When was property at 166 School Street built and last sold?
The property at 166 School Street was built in 1914 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 School Street is $1,439,146.
What are some comparable homes to 166 School Street?
There are currently no comparable homes to 166 School Street.
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