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Belmont 02478 Belmont Center
322 Cross
$342,000
● House - Off Market

322 Cross

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,435 Ft²
$1,121,023
RealtyHop Estimate
221.21%
Since Nov 1, 1999
MA-Boston
Primary Model

About This Property

THIS GRACIOUS WOOD-SHINGLED HOME OCCUPIES A CORNER LOT WITHIN WALKING DISTANCE OF JOEY'S P[ARK & WINNBROOK.  THE SPACIOUS LIVING RM  FEATURES A FIREPLACE; DINING RM HAS CORNER CAB; SUNROOM FACES SW.  HALF-BATH CAN BE ADDED.
Unit Size
1,435 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$243
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1936

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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 years ago (MLSPIN #30331104)

Price History

Date / Event Date Event Price
Oct 15, 1999 Sold
Premium
Sold
Jun 18, 1999 Listed $349,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • 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: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,449
  • Total Building Area: 1,453
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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: 357100

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:45 P:000112 S:
  • Municipality: BELMONT
  • Latitude: 42.4027
  • Longitude: -71.1612

    Address

  • Full Address: 322 Cross St
  • Address - House Number: 322
  • Address - Street Name: Cross
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C016
  • 4-Digit Zip Code: 4228
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $981,300

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,006,581
  • High Value: 1,182,435
  • Low Value: 830,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $873,000
  • Assessed Land Value: $678,000
  • Assessed Improvements Value: $195,000

    Sales

  • Current Sale Recording Date: Oct 15, 1999
  • Current Sale Price:
    Premium
  • Current 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 Center

Stats & Trends

Median Asking:

$1,597,000

Sale Price/ft²

$671

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2410 ft²

Average Home Age

94.7 years

Currently For Sale

10 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 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30331104

Frequently Asked Questions

When was property at 322 Cross Street built and last sold?
The property at 322 Cross Street was built in 1936 and last sold on Jan 1, 1970 for $342,000.
How much is this home worth?
The estimated value of the home located at 322 Cross Street is $386,666.
What are some comparable homes to 322 Cross Street?
There are currently no comparable homes to 322 Cross Street.
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