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Belmont 02478 Belmont Center
23 Oak Street
Photo of 23 Oak Street
Sold on Jun 27, 2007

1

Map

$1,018,500
● House - Off Market

23 Oak Street

Belmont, MA 02478
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,791 Ft²
$2,040,893
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

This Queen Anne Victorian style home,located in the Belmont Park enclave,boasts an inviting circular porch welcoming you into the grand foyer with distinctive details. Living room has bay window and built in book shelves.Dining room offers pocket doors ,fireplace and wainscotting. Large kitchen with eating area which over looks the well designed backyard with perennial plantings. Four ample sized bedrooms located on the 2nd floor with main staircase leading to the third floor with 2 bedrooms.
Unit Size
2,791 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$392
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
1905

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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: 5 months ago (MLSPIN #70550000)

Price History

Date / Event Date Event Price
Jun 28, 2007 Sold
Premium
Sold
Mar 30, 2007 Listed $1,095,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 8,050
  • Total Building Area: 2,805
  • Building Area: 2,805
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,805
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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:000081 S:
  • Municipality: BELMONT
  • Latitude: 42.3928
  • Longitude: -71.1685

    Address

  • Full Address: 23 Oak St
  • Address - House Number: 23
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3006
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,898,400

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,035,468
  • High Value: 2,356,393
  • Low Value: 1,714,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,689,000
  • Assessed Land Value: $928,000
  • Assessed Improvements Value: $761,000

    Sales

  • Current Sale Recording Date: Jun 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00118677

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,597,000

Sale Price/ft²

$675

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2519 ft²

Average Home Age

97.6 years

Currently For Sale

11 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

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70550000

Frequently Asked Questions

When was property at 23 Oak Street built and last sold?
The property at 23 Oak Street was built in 1905 and last sold on Jan 1, 1970 for $1,018,500.
How much is this home worth?
The estimated value of the home located at 23 Oak Street is $1,100,595.
What are some comparable homes to 23 Oak Street?
There are currently no comparable homes to 23 Oak Street.
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