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Waltham 02451 Highlands
343 Prospect Hill Road
$732,500
● House - Off Market

343 Prospect Hill Road

Waltham, MA 02451
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,218 Ft²
$775,538
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

RARE FIND! HIGHLY DESIRABLE HIGHLANDS LOCAL ABUTTING PROSPECT HILL PARK! PRISTINE 4 BEDROOM & 2 BATHROOM CAPE COD STYLE HOME featuring a bright E-I-K, spacious living room w/masonry fireplace, formal dining room great for entertaining, hardwood flooring throughout, ceramic baths, finished lower level family room w/ fire[place and walk-out, deck, yard and much more! Amazing views of Prospect Hill Park, hiking trails, picnic spots, nature watching. Quick access to Rte 128, Rte 2 and Mass Pike! A rare find!
Unit Size
2,218 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$329
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #73020863)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 27, 2022 Price Decreased $729,900
↓ $19K (2.6%)
Price Decreased
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $729,900
Relisted
Sep 27, 2022 Price Increased $749,000
↑ $19K (2.6%)
Price Increased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,588
  • Total Building Area: 2,218
  • Gross Building Area: 3,364
  • Building Area: 2,218
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,218
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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: 368200

Zoning

  • Zoning: 4

Geography

  • Account Number: 32716
  • Parcel: WALT M:040 B:003 L:0003
  • Block: 3
  • Lot: 3
  • Municipality: WALTHAM
  • Latitude: 42.3859
  • Longitude: -71.2513

    Address

  • Full Address: 343 Prospect Hill Rd
  • Address - House Number: 343
  • Address - Street Name: Prospect Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C014
  • 4-Digit Zip Code: 3622
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 802,935
  • High Value: 943,815
  • Low Value: 662,055

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $697,900
  • Assessed Land Value: $406,000
  • Assessed Improvements Value: $291,900

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 160934
  • Previous Sale Recording Date: Dec 14, 1984
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Highlands

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$502

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1484 ft²

Average Home Age

96.7 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 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: 5 months ago
Data Source: MLS PIN, MLS# 73020863

Frequently Asked Questions

When was property at 343 Prospect Hill Road built and last sold?
The property at 343 Prospect Hill Road was built in 1954 and last sold on Oct 28, 2022 for $732,500.
How much is this home worth?
The estimated value of the home located at 343 Prospect Hill Road is $755,283.
What are some comparable homes to 343 Prospect Hill Road?
There are currently no comparable homes to 343 Prospect Hill Road.
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