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Belmont 02478 Belmont Hill
301 Prospect St
$1,220,000
● House - Off Market

301 Prospect St

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,890 Ft²
$2,604,399
RealtyHop Estimate
101.11%
Since Feb 1, 2004
MA-Boston
Primary Model

About This Property

"OLD HILL" SECLUDED 1+ ACRE BEAUTIFULLY LANDSCAPED TOTALLY RENOVATED ANTIQUE CAPE 15' X 20' CONTEMP. KIT. CATH. CEIL MASTER OPEN FLOOR PLAN WINDOWS GALORE EXPOSING MAXIMUM LIGHT A TRULY UNIQUE PROPERTY CREATIVELY DESIGNED
Unit Size
2,890 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$448
Property Type
House
Property Taxes
$1,045
HOA Dues
-
Year Built
2004

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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 months ago (MLSPIN #30722629)

Price History

Date / Event Date Event Price
Aug 6, 2010 Sold
Premium
Sold
Mar 1, 2010 Listed by Natoli Realty Company $2,795,000
Listed by Natoli Realty Company
Jan 5, 2004 Sold
Premium
Sold
May 16, 2003 Listed by Natoli Realty Company $1,295,000
Listed by Natoli Realty Company

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,462
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,980
  • Total Building Area: 3,730
  • Gross Building Area: 5,424
  • Building Area: 3,730
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,730
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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: 357800

Zoning

  • Zoning: SA

Geography

  • Parcel: BELM M:52 P:000004 S:
  • Municipality: BELMONT
  • Latitude: 42.4073
  • Longitude: -71.1798

    Address

  • Full Address: 301 Prospect St
  • Address - House Number: 301
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C040
  • 4-Digit Zip Code: 2612
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,492,300

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 3,244,967
  • High Value: 3,772,584
  • Low Value: 2,717,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,107,000
  • Assessed Land Value: $1,402,000
  • Assessed Improvements Value: $1,705,000

    Sales

  • Current Sale Recording Date: Aug 06, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00131968
  • Previous Sale Recording Date: Jan 05, 2004
  • Previous Sale Amount: $1,220,000
  • 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 Hill

Stats & Trends

Median Asking:

$1,893,500

Sale Price/ft²

$626

Below Asking

0.03%

Average Days on Market

61

Average Home Size

4445 ft²

Average Home Age

74.3 years

Currently For Sale

17 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30722629

Frequently Asked Questions

When was property at 301 Prospect Street built and last sold?
The property at 301 Prospect Street was built in 2004 and last sold on Jan 1, 1970 for $2,400,000.
How much is this home worth?
The estimated value of the home located at 301 Prospect Street is $2,794,708.
What are some comparable homes to 301 Prospect Street?
There are currently no comparable homes to 301 Prospect Street.
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