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Waltham 02451 Highlands
3 Tomlin Street
$630,000
● House - Off Market

3 Tomlin Street

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,558 Ft²
$600,364
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Roomy corner lot features 3 bedrooms and 1 bath in desirable Highlands neighborhood.  Property includes large lot with fenced-in backyard, side garden, back deck and 2-car detached garage.  House has newly renovated bathroom, walk-in pantry, stainless steel appliances, ceiling fans, plenty of windows that bring in lots of light, and "bonus room" on the 2nd floor that would make a great kids playroom or office.  Other recent renovations include newer fence and hot water heater, garbage disposal (2021), new garage doors, and new carpet and paint in master bedroom.  This home is located in a friendly neighborhood, is great for entertaining, and is a great fit for families with kids and pets, with the large fenced-in backyard and short distance to beautiful Prospect Hill park. Come see it in person!
Unit Size
2,558 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$231
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #73088025)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Mar 18, 2023 In contract -
In contract
Mar 15, 2023 Listed by Coldwell Banker Realty - Waltham $589,900
Listed by Coldwell Banker Realty - Waltham
Jun 26, 2015 Sold
Premium
Sold
Apr 29, 2015 Listed by Coldwell Banker Realty - Waltham $469,000
Listed by Coldwell Banker Realty - Waltham
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,666
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,275
  • Total Building Area: 2,558
  • Gross Building Area: 4,775
  • Building Area: 2,558
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000282
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368200

Zoning

  • Zoning: 1

Geography

  • Account Number: 111499
  • Parcel: WALT M:050 B:018 L:0001
  • Block: 18
  • Lot: 1
  • Municipality: WALTHAM
  • Latitude: 42.3857
  • Longitude: -71.2489

    Address

  • Full Address: 3 Tomlin St
  • Address - House Number: 3
  • Address - Street Name: Tomlin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waltham
  • Carrier Code: C014
  • 4-Digit Zip Code: 3734
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,600

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 868,140
  • High Value: 1,009,296
  • Low Value: 726,984

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $751,700
  • Assessed Land Value: $456,600
  • Assessed Improvements Value: $295,100

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42466
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Amount: $463,000
  • Previous Sale Document Type: O
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 Highlands

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$494

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1470 ft²

Average Home Age

78 years

Currently For Sale

1 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 70 Hope Ave, Waltham, MA, 02453

$3,531 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
237 Moody St. #2 Bedrooms BB, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73088025

Frequently Asked Questions

When was property at 3 Tomlin Street built and last sold?
The property at 3 Tomlin Street was built in 1920 and last sold on Apr 27, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 3 Tomlin Street is $639,781.
What are some comparable homes to 3 Tomlin Street?
There are currently no comparable homes to 3 Tomlin Street.
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