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Belmont 02478 Belmont Center
272 Cross St
$1,195,000
● House - Off Market

272 Cross St

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,904 Ft²
$1,195,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Classic garrison colonial located in sought after Winn Brook area.  1st floor features a front-to-back living room, formal dining room, large eat-in-kitchen, laundry room, family room with wood-burning fireplace and a half bath.  2nd floor has 4 bedrooms (all with great closet space), one full bath and a large storage closet located over the family room.  The heated basement has a half bath and a 26'x30' play room with a dry bar that is made for entertaining. This home is in close proximity to Joey's Park, Winn Brook school, fields & tennis courts, two buslines (Harv. Sq & Alewife), bike path to Alewife, RT2, and all the fantastic shops and restaurants (and commuter rail) in Belmont Center.
Unit Size
2,904 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$412
Property Type
House
Property Taxes
$1,039
HOA Dues
-
Year Built
1969

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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 #73155674)

Price History

Date / Event Date Event Price
Nov 14, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 6, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,195,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,532
  • Total Building Area: 2,124
  • Building Area: 2,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,124
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • 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:45 P:000107 S:
  • Municipality: BELMONT
  • Latitude: 42.4015
  • Longitude: -71.163

    Address

  • Full Address: 272 Cross St
  • Address - House Number: 272
  • Address - Street Name: Cross
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C016
  • 4-Digit Zip Code: 4232
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,246,500

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 1,237,966
  • High Value: 1,333,891
  • Low Value: 1,142,041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,109,000
  • Assessed Land Value: $758,000
  • Assessed Improvements Value: $351,000

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129994
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:

$1,595,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2643 ft²

Average Home Age

117 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 73155674

Frequently Asked Questions

When was property at 272 Cross Street built and last sold?
The property at 272 Cross Street was built in 1969 and last sold on Nov 14, 2023 for $1,195,000.
How much is this home worth?
The estimated value of the home located at 272 Cross Street is $1,225,444.
What are some comparable homes to 272 Cross Street?
There are currently no comparable homes to 272 Cross Street.
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