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Waltham 02453 Cedar Woods
314 Florence Road
$901,000
● House - Off Market

314 Florence Road

Waltham, MA 02453
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,657 Ft²
$802,582
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Highly Desirable Cedarwood Community! Pristine Renovation of this Brick Front Multi-Level Home Featuring Gorgeous Open Floor Plan, Stunning New Granite & White Kitchen with Island Bar & Stainless Steel Appliances Open to Dining Area with Window Seat & Fireplaced Living Room with Bright Picture Window, Gleaming Hardwood Floors, Recessed Lighting, New Designer Tile Bath, Oversized Master Bedroom with Loft Storage & Additional Plumbing for Expansion Potential, Beautifully Finished Lower Level Fireplaced Family Room with Dry Bar & Den, Newer Windows, Newer 2014 Heating System, Newer 2015 Roof, Private Fenced in Yard, Double Wide Driveway, Garage, and More.  Convenient to Cedarwood Parks, Restaurants, Shopping, Commuter Rail, Route 128, Mass Pike, and MBTA Bus Routes.
Unit Size
1,657 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$483
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1955

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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 #73103159)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
May 3, 2023 In contract -
In contract
Apr 26, 2023 Listed by Coldwell Banker Realty - Waltham $799,900
Listed by Coldwell Banker Realty - Waltham
Jul 31, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 41
  • 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: 7
  • Basement Area: 513
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,673
  • Total Building Area: 1,256
  • Gross Building Area: 2,541
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 41467
  • Parcel: WALT M:066 B:014 L:0016
  • Block: 14
  • Lot: 16
  • Municipality: WALTHAM
  • Latitude: 42.368
  • Longitude: -71.2634

    Address

  • Full Address: 314 Florence Rd
  • Address - House Number: 314
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C028
  • 4-Digit Zip Code: 7631
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $604,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 683,825
  • High Value: 796,330
  • Low Value: 571,320

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,900
  • Assessed Land Value: $388,800
  • Assessed Improvements Value: $238,100

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65605
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: 35
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:

$865,500

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2258 ft²

Average Home Age

68 years

Currently For Sale

4 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

$3,536 /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

$3,415 /mo

  • 2 Beds
  • 2 Baths
  • 1,190 ft²
237 Moody St. #2 Bedrooms U, 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# 73103159

Frequently Asked Questions

When was property at 314 Florence Road built and last sold?
The property at 314 Florence Road was built in 1955 and last sold on Jun 15, 2023 for $901,000.
How much is this home worth?
The estimated value of the home located at 314 Florence Road is $812,305.
What are some comparable homes to 314 Florence Road?
There are currently no comparable homes to 314 Florence Road.
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