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Belmont 02478 Belmont Center
180 School St
$733,000
● House - Off Market

180 School St

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,533 Ft²
$1,613,976
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Located in the heart of of Belmont, this home is a true diamond in the rough!! Boasting over 2500+ sq ft, 4 large bedrooms & hardwood floors throughout, it combines the charm of yesteryear w/the opportunity of your updates to give the best of both worlds. Within a walk of schools from elementary to high school, library, playgrounds, Clay Pit Pond, Underwood Pool, and Viglirolo Skating rink. Set in the desirable "Presidential" neighborhood, 7 miles from Boston, this location can't be beat!
Unit Size
2,533 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$306
Property Type
House
Property Taxes
$883
HOA Dues
-
Year Built
1920

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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 #71351815)

Price History

Date / Event Date Event Price
Oct 5, 2012 Sold
Premium
Sold
Mar 15, 2012 Listed by ZipRealty, Inc $774,900
Listed by ZipRealty, Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • 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: 10,029
  • Total Building Area: 2,533
  • Building Area: 2,533
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,533
  • 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: Belmont School District
  • School Tax School District: BELMONT SD
  • Census Tract: 357200

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:23 P:000046 S:
  • Municipality: BELMONT
  • Latitude: 42.3897
  • Longitude: -71.1671

    Address

  • Full Address: 180 School St
  • Address - House Number: 180
  • 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: $1,326,300

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,829,463
  • High Value: 2,244,203
  • Low Value: 1,414,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,180,000
  • Assessed Land Value: $833,000
  • Assessed Improvements Value: $347,000

    Sales

  • Current Sale Recording Date: Oct 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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

$669

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2335 ft²

Average Home Age

95.3 years

Currently For Sale

7 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

$3,250 /mo

  • 1 Bed
  • 1 Bath
  • 1,195 ft²
20 Watertown St. #1 Bedroom J, 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# 71351815

Frequently Asked Questions

When was property at 180 School Street built and last sold?
The property at 180 School Street was built in 1920 and last sold on Jan 1, 1970 for $733,000.
How much is this home worth?
The estimated value of the home located at 180 School Street is $810,016.
What are some comparable homes to 180 School Street?
There are currently no comparable homes to 180 School Street.
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