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Belmont 02478 Belmont Center
296 Cross St
Photo of 296 Cross St
Sold on Dec 21, 2011

1

Map

$599,500
● House - Off Market

296 Cross St

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,746 Ft²
$1,296,881
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Wonderful Winn Brook single family split-level home is situated on a 7,000 s.f. level lot.  Upper level features a fireplaced living room, dining room, kitchen, sunroom, 3-bedrooms (master with half bath) and family bath.  The lower level has a large tiled family room with fireplace, half-bath and laundry room, and direct entry to a two-car garage.  Central A/C, central vacuum, outdoor sprinklers, 3-zone gas heat, private back yard and plenty of parking complete this lovely home.
Unit Size
1,746 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$343
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1970

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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: 13 days ago (MLSPIN #71297450)

Price History

Date / Event Date Event Price
Dec 21, 2011 Sold
Premium
Sold
Oct 6, 2011 Listed by Lawndale Realty $599,000
Listed by Lawndale Realty
May 7, 1998 Sold
Premium
Sold
Mar 13, 1998 Listed by Lawndale Realty $365,000
Listed by Lawndale Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 528
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,393
  • Building Area: 1,393
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,393
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELMONT
  • Land Acres: 0000000161
  • 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:000119 S:
  • Municipality: BELMONT
  • Latitude: 42.4021
  • Longitude: -71.1621

    Address

  • Full Address: 296 Cross St
  • Address - House Number: 296
  • 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: $1,148,700

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,166,658
  • High Value: 1,373,710
  • Low Value: 959,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,022,000
  • Assessed Land Value: $722,000
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: Dec 21, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000023
  • Previous Sale Recording Date: May 07, 1998
  • Previous Sale Amount: $366,000
  • 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:

$1,595,000

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: 13 days ago
Data Source: MLS PIN, MLS# 71297450

Frequently Asked Questions

When was property at 296 Cross Street built and last sold?
The property at 296 Cross Street was built in 1970 and last sold on Jan 1, 1970 for $599,500.
How much is this home worth?
The estimated value of the home located at 296 Cross Street is $641,567.
What are some comparable homes to 296 Cross Street?
There are currently no comparable homes to 296 Cross Street.
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