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Waltham 02453 Cedar Woods
31 Florence Rd
Photo of 31 Florence Rd
Sold on Aug 26, 2008

1

Map

$464,000
● House - Off Market

31 Florence Rd

Waltham, MA 02453
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,926 Ft²
$954,404
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

Charming brick Colonial in desirable Cedarwood neighborhood.  Front to back living room with welcoming fireplace. Hardwood floors throughout, natural gumwood moldings, walk up attic, plus additional 230 sf sunroom with great views.  Master bedroom with balcony possibility. Convenience to public transportation and major routes complete this warm and inviting home.
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$249
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1931

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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 #70769113)

Price History

Date / Event Date Event Price
Aug 26, 2008 Sold
Premium
Sold
May 29, 2008 Listed $479,900
Listed
Nov 13, 2002 Sold
Premium
Sold
Sep 5, 2002 Listed $449,900
Listed
Oct 25, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 945
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,563
  • Total Building Area: 2,044
  • Gross Building Area: 3,589
  • Building Area: 2,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARWOOD SEC A
  • Land Acres: 0000000128
  • 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: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 40422
  • Parcel: WALT M:057 B:023 L:0021
  • Block: 23
  • Lot: 21
  • Municipality: WALTHAM
  • Latitude: 42.372
  • Longitude: -71.2602

    Address

  • Full Address: 31 Florence Rd
  • Address - House Number: 31
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C028
  • 4-Digit Zip Code: 1505
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,900

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 913,922
  • High Value: 1,075,221
  • Low Value: 752,622

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $845,300
  • Assessed Land Value: $377,000
  • Assessed Improvements Value: $468,300

    Sales

  • Current Sale Recording Date: Aug 26, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00141508
  • Previous Sale Recording Date: Nov 13, 2002
  • Previous Sale Amount: $450,000
  • 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 Cedar Woods

Stats & Trends

Median Asking:

$857,700

Sale Price/ft²

$469

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2023 ft²

Average Home Age

61 years

Currently For Sale

2 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

$3,483 /mo

  • 2 Beds
  • 2 Baths
  • 1,217 ft²
70 Hope Ave #Winchester, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,280 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
237 Moody St. #2 Bedrooms A, Waltham, MA, 02453 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# 70769113

Frequently Asked Questions

When was property at 31 Florence Road built and last sold?
The property at 31 Florence Road was built in 1931 and last sold on Jan 1, 1970 for $464,000.
How much is this home worth?
The estimated value of the home located at 31 Florence Road is $500,483.
What are some comparable homes to 31 Florence Road?
There are currently no comparable homes to 31 Florence Road.
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