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Waltham 02453 Cedar Woods
323 Florence Road
$465,000
● House - Off Market

323 Florence Road

Waltham, MA 02453
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$830,032
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model

About This Property

What is better than a diamond ring on Valentine's Day? A wonderful new home! You have to see this 4 bedroom, 2 full bath Cape style home located on a quiet street in the highly desirable Cedarwood neighborhood! Fireplaced living room, hardwood floors throughout, newer windows, and updated heating system. Eat-in kitchen with new built-in A/C and new sliding patio door. Partially finished walk-out basement with beautiful oversized playroom and extra storage area. Freshly painted exterior, new gutters, and new storm doors. Magnificent woodland views from wrap around deck. Walking distance to Cedarwood Playground, Brandeis University, Nipper Maher Park, and Stanley Elementary School. Also close to bus and train transportation and daycare center. Don't miss this one!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$257
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1950

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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 #71633141)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Mar 31, 2014 Sold
Premium
Sold
Feb 13, 2014 Listed by Coldwell Banker Residential Brokerage - Waltham $449,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Mar 28, 2007 Sold
Premium
Sold
Jan 2, 2007 Listed by Coldwell Banker Residential Brokerage - Waltham $399,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,083
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 2,420
  • Gross Building Area: 3,078
  • Building Area: 2,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 41635
  • Parcel: WALT M:066 B:016 L:0007
  • Block: 16
  • Lot: 7
  • Municipality: WALTHAM
  • Latitude: 42.3676
  • Longitude: -71.2632

    Address

  • Full Address: 323 Florence Rd
  • Address - House Number: 323
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C028
  • 4-Digit Zip Code: 7629
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 771,115
  • High Value: 891,208
  • Low Value: 651,023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $673,700
  • Assessed Land Value: $384,300
  • Assessed Improvements Value: $289,400

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 259124
  • Previous Sale Recording Date: Mar 31, 2014
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: O
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:

$867,700

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1747 ft²

Average Home Age

65.3 years

Currently For Sale

3 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 237 Moody St., Waltham, MA, 02453

$2,830 /mo

  • 1 Bed
  • 1 Bath
  • 854 ft²
237 Moody St. #1 Bedroom L, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,213 ft²
70 Hope Ave #Hampton, 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# 71633141

Frequently Asked Questions

When was property at 323 Florence Road built and last sold?
The property at 323 Florence Road was built in 1950 and last sold on Nov 30, 2021 for $670,000.
How much is this home worth?
The estimated value of the home located at 323 Florence Road is $468,007.
What are some comparable homes to 323 Florence Road?
There are currently no comparable homes to 323 Florence Road.
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