For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Belmont 02478 Belmont Center
3 Spinney Terrace
Photo of 3 Spinney Terrace
Sold on Apr 28, 2005

1

Map

$600,000
● House - Off Market

3 Spinney Terrace

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,541 Ft²
$1,058,508
RealtyHop Estimate
76.71%
Since May 1, 2005
MA-Boston
Primary Model

About This Property

1923 Colonial on private cul-de-sac close to Belmont Center. Charming home has just undergone much in the way of restoration and updating. Bright, sunny open floor plan. Gorgeous eat-in kitchen. Brick patio and enclosed, beautifully landscaped yard. Two driveways and carport afford ample off-street parking.
Unit Size
1,541 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$389
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1923

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #70161156)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Oct 14, 2020 Listed $995,000
Listed
Aug 9, 2010 Sold
Premium
Sold
Apr 29, 2010 Listed $599,900
Listed
Apr 28, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • 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: 3
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,088
  • Total Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • 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: 357200

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:24 P:000047 S:
  • Municipality: BELMONT
  • Latitude: 42.3934
  • Longitude: -71.1708

    Address

  • Full Address: 3 Spinney Ter
  • Address - House Number: 3
  • Address - Street Name: Spinney
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Belmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3001
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,145,400

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,236,944
  • High Value: 1,456,470
  • Low Value: 1,017,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,019,000
  • Assessed Land Value: $783,000
  • Assessed Improvements Value: $236,000

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1863225
  • Previous Sale Recording Date: Aug 09, 2010
  • Previous Sale Amount: $585,000
  • 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

$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 Watertown St., Watertown, MA, 02472

$3,730 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
20 Watertown St. #2 Bedrooms F, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70161156

Frequently Asked Questions

When was property at 3 Spinney Terrace built and last sold?
The property at 3 Spinney Terrace was built in 1923 and last sold on Dec 7, 2020 for $998,000.
How much is this home worth?
The estimated value of the home located at 3 Spinney Terrace is $999,553.
What are some comparable homes to 3 Spinney Terrace?
There are currently no comparable homes to 3 Spinney Terrace.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Belmont Homes for Sale
Belmont Houses for Sale
Belmont Condos for Sale
Belmont Multifamily for Sale
Belmont Land for Sale
Belmont Commercial for Sale
Belmont Homes with Basements
Belmont Homes with Pools
Nearby Cities
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Lexington Homes for Sale
Watertown Town Homes for Sale
Winchester Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Norfolk County, MA Property Records
Essex County, MA Property Records
Worcester County, MA Property Records
Providence County, RI Property Records
Hillsborough County, NH Property Records
Plymouth County, MA Property Records
Neighborhoods
Coolidge Corner Real Estate
Watertown West End Real Estate
Commonwealth Real Estate
Arlington Heights Real Estate
Winchester Town Center Real Estate
Arlington Center Real Estate
Washington Square Real Estate
West Newton Real Estate
Nearby Counties
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Lexington Homes for Sale
Watertown Town Homes for Sale
Winchester Homes for Sale
Top Real Estate Agents
Top Agents in Belmont Center
Top Agents in Belmont
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Somerville
Top Agents in Somerville
Top Agents in 02155
Top Agents in Medford