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Belmont 02478 Belmont Hill
224 Rutledge Road
Photo of 224 Rutledge Road
Sold on Dec 13, 2011

1

Map

$1,199,500
● House - Off Market

224 Rutledge Road

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,192 Ft²
$2,704,182
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Stately Colonial showcases the charm of the past with conveniences of today. Meticulously constructed with extensive handcrafted architectural detail, this sun- filled home is ideal for entertaining. Features: elegant foyer, fireplace LR, DR with bay window and china cabinet,grand Florida rm with radiant heat and cathedral ceiling,granite and SS kit,breakfast rm,first fl laundry,lg master BR, 3 good sized additional BRs,2.5 mod baths,2 car att gar,CA, updated sys,lush yard, cls to public trans.
Unit Size
3,192 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$391
Property Type
House
Property Taxes
$1,196
HOA Dues
-
Year Built
1940

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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: 15 days ago (MLSPIN #71291231)

Price History

Date / Event Date Event Price
Sep 3, 2020 Sold
Premium
Sold
Jul 6, 2020 Listed by Coldwell Banker Residential Brokerage - Belmont $1,899,000
Listed by Coldwell Banker Residential Brokerage - Belmont
Dec 13, 2011 Sold
Premium
Sold
Sep 22, 2011 Listed by Coldwell Banker Residential Brokerage - Belmont $1,249,000
Listed by Coldwell Banker Residential Brokerage - Belmont

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 15,025
  • Total Building Area: 3,200
  • Building Area: 3,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 357800

Zoning

  • Zoning: SA

Geography

  • Parcel: BELM M:52 P:000029 S:
  • Municipality: BELMONT
  • Latitude: 42.4084
  • Longitude: -71.1799

    Address

  • Full Address: 224 Rutledge Rd
  • Address - House Number: 224
  • Address - Street Name: Rutledge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C021
  • 4-Digit Zip Code: 2634
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,161,500

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,243,230
  • High Value: 2,641,347
  • Low Value: 1,845,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,923,000
  • Assessed Land Value: $999,000
  • Assessed Improvements Value: $924,000

    Sales

  • Current Sale Contract Date: Feb 29, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1852330
  • Previous Sale Recording Date: Dec 13, 2011
  • Previous Sale Amount: $1,169,513
  • 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 Belmont Hill

Stats & Trends

Median Asking:

$1,899,000

Sale Price/ft²

$626

Below Asking

0.03%

Average Days on Market

64

Average Home Size

4602 ft²

Average Home Age

61.8 years

Currently For Sale

12 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

Click here to view more rentals in the neighborhood.
Last Updated: 15 days ago
Data Source: MLS PIN, MLS# 71291231

Frequently Asked Questions

When was property at 224 Rutledge Road built and last sold?
The property at 224 Rutledge Road was built in 1940 and last sold on Feb 29, 2020 for $1,925,000.
How much is this home worth?
The estimated value of the home located at 224 Rutledge Road is $1,891,996.
What are some comparable homes to 224 Rutledge Road?
There are currently no comparable homes to 224 Rutledge Road.
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