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Belmont 02478 Cushing Square
352 School Street
$1,220,000
● House - Off Market

352 School Street

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,918 Ft²
$1,785,361
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

This elegant Colonial shows pride of ownership and has been meticulously maintained. The location is close to schools, Belmont town center, and near public transportations. There are three spacious bedrooms on the second floor bathed in sunlight. An additional office leads to a full walk-up attic (potential for expansions). The basement is a walkout with high ceilings, leading to a generously proportioned back yard, equipped with underground sprinklers. The windows were replaced not long ago. The hot water tank and most appliances are all 1-2 years' old. What a beautiful house that you can call home!
Unit Size
2,918 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$428
Property Type
House
Property Taxes
$1,005
HOA Dues
-
Year Built
1933

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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 #72487757)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 24, 2019 Listed by Yuan's Team Realty $1,249,000
Listed by Yuan's Team Realty
Aug 4, 2014 Sold
Premium
Sold
Jun 11, 2014 Listed by Yuan's Team Realty $859,000
Listed by Yuan's Team Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 7,698
  • Total Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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: 357300

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:09 P:000230 S:
  • Municipality: BELMONT
  • Latitude: 42.3851
  • Longitude: -71.165

    Address

  • Full Address: 352 School St
  • Address - House Number: 352
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C039
  • 4-Digit Zip Code: 3849
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,509,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,517,431
  • High Value: 1,764,158
  • Low Value: 1,270,703

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,343,000
  • Assessed Land Value: $759,000
  • Assessed Improvements Value: $584,000

    Sales

  • Current Sale Contract Date: May 24, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72386
  • Previous Sale Recording Date: Aug 04, 2014
  • Previous Sale Amount: $960,000
  • 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 Cushing Square

Stats & Trends

Median Asking:

$1,349,000

Sale Price/ft²

$601

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2201 ft²

Average Home Age

95.3 years

Currently For Sale

20 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

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential
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 months ago
Data Source: MLS PIN, MLS# 72487757

Frequently Asked Questions

When was property at 352 School Street built and last sold?
The property at 352 School Street was built in 1933 and last sold on May 24, 2019 for $1,220,000.
How much is this home worth?
The estimated value of the home located at 352 School Street is $1,297,701.
What are some comparable homes to 352 School Street?
There are currently no comparable homes to 352 School Street.
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