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Belmont 02478 Belmont Center
27 Gilmore Road
$960,000
● House - Off Market

27 Gilmore Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$1,194,741
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

CANCELLED OPEN HOUSE - ACCEPTED OFFER. Meticulously maintained 3 bed 1.5 bath 1945 Garrison is ideally situated on a large well-manicured lot in quiet Spy Pond neighborhood.  Enter through front or side door into an eat-in kitchen, formal dining room and living room as well as a covered side porch. Upstairs is a bright and spacious master bedroom with 2 closets. This home features 2 fireplaces, a partially finished basement, a garage and large front and back yards. Lovely neighborhood is between Little, and Spy Ponds, steps to Winn Brook Elementary School, minutes from Route 2, Alewife and Fresh pond shopping area with Whole Foods, Starbucks, a movie theatre and more!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$464
Property Type
House
Property Taxes
$968
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #72753162)

Price History

Date / Event Date Event Price
Feb 1, 2021 Sold
Premium
Sold
Nov 4, 2020 Listed by Yuan's Team Realty $974,900
Listed by Yuan's Team Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,480
  • Total Building Area: 1,555
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:41 P:000108 S:
  • Municipality: BELMONT
  • Latitude: 42.4021
  • Longitude: -71.1598

    Address

  • Full Address: 27 Gilmore Rd
  • Address - House Number: 27
  • Address - Street Name: Gilmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C016
  • 4-Digit Zip Code: 4602
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,056,600

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,128,022
  • High Value: 1,327,209
  • Low Value: 928,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $940,000
  • Assessed Land Value: $833,000
  • Assessed Improvements Value: $107,000

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23419
  • Previous Sale Recording Date: Apr 18, 2018
  • 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 Center

Stats & Trends

Median Asking:

$1,599,000

Sale Price/ft²

$680

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2428 ft²

Average Home Age

91.1 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 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72753162

Frequently Asked Questions

When was property at 27 Gilmore Road built and last sold?
The property at 27 Gilmore Road was built in 1945 and last sold on Jan 28, 2021 for $960,000.
How much is this home worth?
The estimated value of the home located at 27 Gilmore Road is $0.
What are some comparable homes to 27 Gilmore Road?
There are currently no comparable homes to 27 Gilmore Road.
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