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Belmont 02478 Belmont Center
249 Claflin Street
$830,000
● House - Off Market

249 Claflin Street

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,508 Ft²
$1,332,022
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

This is your chance to affordably buy and upgrade this Multi-level home to your liking.  If you've missed out in Belmont, this is your 2nd chance. This home features a large open living room and dining room, hardwood floors, ceiling fans, 2 fireplaces, great screened in porch overlooking a large level fenced yard and a direct entry garage. Located on a quiet tree lined cul-de-sac. A great location just minutes to Center, commuter rail, Rt. 2, Red line, and the 78 bus.
Unit Size
1,508 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$597
Property Type
House
Property Taxes
$738
HOA Dues
-
Year Built
1955

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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 #72357085)

Price History

Date / Event Date Event Price
Sep 10, 2018 Sold
Premium
Sold
Jul 5, 2018 Listed by Century 21 Adams KC $899,900
Listed by Century 21 Adams KC
Jul 1, 2008 Sold
Premium
Sold
Jan 23, 2008 Listed by Century 21 Adams KC $599,900
Listed by Century 21 Adams KC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 288
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,548
  • Total Building Area: 1,222
  • Gross Building Area: 2,940
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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: 357100

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:44 P:000115 S:
  • Municipality: BELMONT
  • Latitude: 42.4031
  • Longitude: -71.1668

    Address

  • Full Address: 249 Claflin St
  • Address - House Number: 249
  • Address - Street Name: Claflin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C016
  • 4-Digit Zip Code: 3217
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,236,400

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,246,400
  • High Value: 1,442,916
  • Low Value: 1,049,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,100,000
  • Assessed Land Value: $865,000
  • Assessed Improvements Value: $235,000

    Sales

  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1796925
  • Previous Sale Recording Date: Jul 01, 2008
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: 48
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

$679

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2606 ft²

Average Home Age

93.1 years

Currently For Sale

10 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 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: 5 months ago
Data Source: MLS PIN, MLS# 72357085

Frequently Asked Questions

When was property at 249 Claflin Street built and last sold?
The property at 249 Claflin Street was built in 1955 and last sold on Jan 1, 1970 for $830,000.
How much is this home worth?
The estimated value of the home located at 249 Claflin Street is $896,681.
What are some comparable homes to 249 Claflin Street?
There are currently no comparable homes to 249 Claflin Street.
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