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Belmont 02478 Belmont Hill
329 Mill Street
Photo of 329 Mill Street

1

Map

$599,000
● House - Off Market

329 Mill Street

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,600 Ft²
$3,420
Est. Monthly

About This Property

OPEN HOUSE 5/22 11am-12:30pm... Beautiful, well-maintained Belmont Hill Ranch offers 6 rooms, 3 bedrooms, and 1 1/2 baths on a spacious lot across from conservation land. Open concept with updated kitchen, hardwood floors replacement windows and 2-car attached garage with direct access. Large Private yard with composite deck, and in ground gunite pool. Full basement with fireplace, partially finished (with newer French Drain). BRAND NEW ROOF in September 2010.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$374
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (MLSPIN #71179487)

Price History

Date / Event Date Event Price
Mar 16, 2016 Sold
Premium
Sold
Nov 11, 2015 Listed by Red Cork Realty $729,900
Listed by Red Cork Realty
Oct 5, 2012 Sold
Premium
Sold
Feb 15, 2012 Listed by Red Cork Realty $549,000
Listed by Red Cork Realty
Jan 18, 2011 Listed by Red Cork Realty $599,000
Listed by Red Cork Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,618
  • Total Building Area: 1,216
  • Gross Building Area: 7,404
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000267
  • 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: 357700

Zoning

  • Zoning: SA

Geography

  • Parcel: BELM M:59 P:000005 S:
  • Municipality: BELMONT
  • Latitude: 42.4017
  • Longitude: -71.1948

    Address

  • Full Address: 329 Mill St
  • Address - House Number: 329
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C031
  • 4-Digit Zip Code: 1009
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,046,400

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,034,283
  • High Value: 1,217,842
  • Low Value: 850,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $931,000
  • Assessed Land Value: $705,000
  • Assessed Improvements Value: $226,000

    Sales

  • Current Sale Recording Date: Mar 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40442
  • Previous Sale Recording Date: Oct 05, 2012
  • Previous Sale Amount: $535,000
  • 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 Belmont Hill

Stats & Trends

Median Asking:

$1,950,000

Sale Price/ft²

$626

Below Asking

0.03%

Average Days on Market

61

Average Home Size

4670 ft²

Average Home Age

70.2 years

Currently For Sale

15 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 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71179487

Frequently Asked Questions

When was property at 329 Mill Street built and last sold?
The property at 329 Mill Street was built in 1955 and last sold on Jan 1, 1970 for $714,000.
How much is this home worth?
The estimated value of the home located at 329 Mill Street is $744,689.
What are some comparable homes to 329 Mill Street?
There are currently no comparable homes to 329 Mill Street.
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