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Belmont 02478 Belmont Hill
25 Simmons Ave
$752,000
● House - Off Market

25 Simmons Ave

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,560 Ft²
$1,000,022
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Fantastic opportunity for contractors and rehab enthusiasts.  This 1934 colonial is in need of total rehab. Located on a quiet side street in popular Belmont Hill neighborhood with a large lot and 2 car garage.  The first floor features a kitchen, fireplaced living room, formal dining room, a den/office and a large screened in porch/breezeway.  The second floor features 3 bedrooms and a large full bath with s tub and separate tiled shower. The basement is partially finished with a second fireplace . Property to be sold "as is".  Showings begin immediately, Seller to review offers 2:00pm Tuesday July 2nd.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$448
Property Type
House
Property Taxes
$963
HOA Dues
-
Year Built
1934

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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 #72525707)

Price History

Date / Event Date Event Price
Aug 21, 2019 Sold
Premium
Sold
Jun 26, 2019 Listed by Leading Edge Real Estate $699,000
Listed by Leading Edge Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,800
  • Total Building Area: 1,560
  • Gross Building Area: 4,731
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • 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: SB

Geography

  • Parcel: BELM M:46 P:000048 S:
  • Municipality: BELMONT
  • Latitude: 42.4042
  • Longitude: -71.1671

    Address

  • Full Address: 25 Simmons Ave
  • Address - House Number: 25
  • Address - Street Name: Simmons
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Belmont
  • Carrier Code: C007
  • 4-Digit Zip Code: 3346
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,421,900

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,067,733
  • High Value: 1,307,464
  • Low Value: 828,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,265,000
  • Assessed Land Value: $898,000
  • Assessed Improvements Value: $367,000

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124410
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

4576 ft²

Average Home Age

73.2 years

Currently For Sale

16 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72525707

Frequently Asked Questions

When was property at 25 Simmons Avenue built and last sold?
The property at 25 Simmons Avenue was built in 1934 and last sold on Aug 13, 2019 for $752,000.
How much is this home worth?
The estimated value of the home located at 25 Simmons Avenue is $722,167.
What are some comparable homes to 25 Simmons Avenue?
There are currently no comparable homes to 25 Simmons Avenue.
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