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Belmont 02478 Cushing Square
23 Oak Avenue
Photo of 23 Oak Avenue
Sold on Dec 29, 2010

1

Map

$800,000
● House - Off Market

23 Oak Avenue

Belmont, MA 02478
bedrooms
7 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,434 Ft²
$1,891,279
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model

About This Property

Circa 1837 John Cushing Farmhouse.  Be the next steward of the only surviving building of the "Bellmont Estate". Originally built as a caretaker's cottage - at over 4,300 sq. ft. of GLA! - this home has been cared for by a Boston architect for the past 40 yrs. It was moved to Oak Ave. in 1903 & boasts a grand foyer, double parlor, soaring ceilings, detailed period millwork and oversized windows w/ period wood interior shutters. The rooms, including 5 2nd floor bedrooms, are all generous sized.
Unit Size
4,434 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$203
Property Type
House
Property Taxes
$920
HOA Dues
-
Year Built
1837

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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: 12 months ago (MLSPIN #71042210)

Price History

Date / Event Date Event Price
Dec 29, 2010 Sold
Premium
Sold
Mar 5, 2010 Listed by Century 21 Adams KC $899,000
Listed by Century 21 Adams KC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1837
  • Effective Year Built: 1837
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,256
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,624
  • Total Building Area: 4,240
  • Gross Building Area: 4,028
  • Building Area: 4,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • 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: 357400

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:05 P:000067 S:
  • Municipality: BELMONT
  • Latitude: 42.38
  • Longitude: -71.1715

    Address

  • Full Address: 23 Oak Ave
  • Address - House Number: 23
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Belmont
  • Carrier Code: C006
  • 4-Digit Zip Code: 2751
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,861,300

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 2,075,965
  • High Value: 2,546,586
  • Low Value: 1,605,344

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,656,000
  • Assessed Land Value: $919,000
  • Assessed Improvements Value: $737,000

    Sales

  • Current Sale Recording Date: Dec 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00243876
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 Cushing Square

Stats & Trends

Median Asking:

$1,358,000

Sale Price/ft²

$603

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2333 ft²

Average Home Age

93.2 years

Currently For Sale

18 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

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 942 ft²
20 Watertown St. #1 Bedroom F, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 71042210

Frequently Asked Questions

When was property at 23 Oak Avenue built and last sold?
The property at 23 Oak Avenue was built in 1837 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 23 Oak Avenue is $0.
What are some comparable homes to 23 Oak Avenue?
There are currently no comparable homes to 23 Oak Avenue.
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