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Belmont 02478 Waverley Square
18 Waverley Terrace
$975,000
● House - Off Market

18 Waverley Terrace

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,522 Ft²
$5,820
Est. Monthly

About This Property

Opportunity knocks! Classic seven-room three (or four) bedroom cape on a charming cul-de-sac is convenient to all that Belmont has to offer. The first floor has a flexible floor plan, with a fire-placed living room, eat-in kitchen, welcoming family room addition, and two rooms which could be bedrooms or dining room/offices. The upper level has two generous sized bedrooms with traditional knotty-pine paneling. The full, unfinished basement has good ceiling height and offers expansion possibilities for additional living area. The fenced, level rear yard is spacious and has a deck directly into the family room. Neighbors on the cul-de-sac are quick to share "the street can't be beat!" Don't miss this wonderful opportunity to make Belmont your home!
Unit Size
1,522 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$654
Property Type
House
Property Taxes
$934
HOA Dues
-
Year Built
1949

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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: 6 months ago (MLSPIN #73194402)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Premium
Sold
Jan 29, 2024 In contract -
In contract
Jan 17, 2024 Listed by Senne $995,000
Listed by Senne

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 6,613
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,522
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 357700

Zoning

  • Zoning: R

Geography

  • Parcel: BELM M:29 P:000092 S:
  • Municipality: BELMONT
  • Latitude: 42.3892
  • Longitude: -71.1844

    Address

  • Full Address: 18 Waverley Ter
  • Address - House Number: 18
  • Address - Street Name: Waverley
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Belmont
  • Carrier Code: C028
  • 4-Digit Zip Code: 1934
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,120,600

    Appraisal Valuation

  • Standard Deviation: 0.0779
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 1,016,635
  • High Value: 1,095,904
  • Low Value: 937,367

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $997,000
  • Assessed Land Value: $790,000
  • Assessed Improvements Value: $207,000

    Sales

  • Current Sale Contract Date: Mar 11, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23872
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 Waverley Square

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2090 ft²

Average Home Age

87.3 years

Currently For Sale

15 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

$2,805 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, 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: 6 months ago
Data Source: MLS PIN, MLS# 73194402

Frequently Asked Questions

When was property at 18 Waverley Terrace built and last sold?
The property at 18 Waverley Terrace was built in 1949 and last sold on Mar 11, 2024 for $975,000.
How much is this home worth?
The estimated value of the home located at 18 Waverley Terrace is $994,476.
What are some comparable homes to 18 Waverley Terrace?
There are currently no comparable homes to 18 Waverley Terrace.
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