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Waltham 02451 North Waltham
1701 Trapelo Road
$500,000
● House - Off Market

1701 Trapelo Road

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$639,958
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Builders, Developers, & End Users with Vision...it's here! Wonderful opportunity to own a super cute home with equity potential in sought after North Waltham. This charming ranch style home which sits on approximately a quarter acre lot boasts freshly painted living areas and well-kept hardwood floors. The generously sized family room overlooks a spacious back yard. Rheem Criterion II gas heating system is newer. Terrific commuter location on the Lincoln line with easy access to Route 128/I95 and Route 2. Highly desirable MacArthur Elementary school district.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$360
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1950

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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 #72495095)

Price History

Date / Event Date Event Price
Jul 1, 2019 Sold
Premium
Sold
May 7, 2019 Listed by Leading Edge Real Estate $449,000
Listed by Leading Edge Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 368102

Zoning

  • Zoning: 1

Geography

  • Account Number: 115057
  • Parcel: WALT M:005 B:006 L:0017
  • Block: 6
  • Lot: 17
  • Municipality: WALTHAM
  • Latitude: 42.4174
  • Longitude: -71.2639

    Address

  • Full Address: 1701 Trapelo Rd
  • Address - House Number: 1701
  • Address - Street Name: Trapelo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C032
  • 4-Digit Zip Code: 7329
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,100

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 718,980
  • High Value: 847,653
  • Low Value: 590,307

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,900
  • Assessed Land Value: $432,000
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93095
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:

$859,900

Sale Price/ft²

$465

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2852 ft²

Average Home Age

40.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72495095

Frequently Asked Questions

When was property at 1701 Trapelo Road built and last sold?
The property at 1701 Trapelo Road was built in 1950 and last sold on Jun 28, 2019 for $500,000.
How much is this home worth?
The estimated value of the home located at 1701 Trapelo Road is $467,744.
What are some comparable homes to 1701 Trapelo Road?
There are currently no comparable homes to 1701 Trapelo Road.
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