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Belmont 02478 Belmont Center
315 Beech St
$749,000
● House - Off Market

315 Beech St

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,550 Ft²
$1,132,082
RealtyHop Estimate
61.75%
Since Mar 1, 2017
MA-Boston
Primary Model

About This Property

Welcome Home to this well loved and meticulously maintained beautiful colonial.  All you need to do is move in!  All the major updates have been done.  Brand new central air, patio, walkway and paint. Newer boiler, electrical, windows and roof.  Updated kitchen and baths!  Walk in and feel at home! Imagine your family gatherings in the large eat in kitchen, cozy winter fires in the living room, summer cookouts on the deck and ball games across the street at the park. And talk about location, convenient to shops, restaurants, movies, coffee, public transportation, minutes from I95, Rt 2, Storrow, Memorial and only 9 miles from Boston!!
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$452
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1938

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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 #72109599)

Price History

Date / Event Date Event Price
Feb 27, 2017 Sold
Premium
Sold
Jan 18, 2017 Listed by Keller Williams Realty $699,900
Listed by Keller Williams Realty
May 14, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 2,665
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,186
  • Total Building Area: 1,248
  • Gross Building Area: 7,371
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: R

Geography

  • Parcel: BELM M:25 P:000130 S:
  • Municipality: BELMONT
  • Latitude: 42.3904
  • Longitude: -71.1787

    Address

  • Full Address: 315 Beech St
  • Address - House Number: 315
  • Address - Street Name: Beech
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C026
  • 4-Digit Zip Code: 2405
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,176,800

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,224,438
  • High Value: 1,417,491
  • Low Value: 1,031,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,047,000
  • Assessed Land Value: $709,000
  • Assessed Improvements Value: $338,000

    Sales

  • Current Sale Recording Date: Feb 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30159
  • Previous Sale Recording Date: May 14, 1993
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,498,000

Sale Price/ft²

$679

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2544 ft²

Average Home Age

91.2 years

Currently For Sale

11 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

$2,830 /mo

  • Studio
  • 1 Bath
  • 767 ft²
20 Watertown St. #Studio D, Watertown, MA, 02472 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# 72109599

Frequently Asked Questions

When was property at 315 Beech Street built and last sold?
The property at 315 Beech Street was built in 1938 and last sold on Jan 1, 1970 for $749,000.
How much is this home worth?
The estimated value of the home located at 315 Beech Street is $737,982.
What are some comparable homes to 315 Beech Street?
There are currently no comparable homes to 315 Beech Street.
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