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Waltham 02451 Lakeview
37 Amherst Ave
$440,000
● House - Off Market

37 Amherst Ave

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,029 Ft²
$598,932
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Terrific opportunity to own a home in the desirable LAKEVIEW neighborhood in Waltham! This cozy and bright single family home has much to offer with three good-sized bedrooms and two full bathrooms. Eat-in kitchen provides lots of natural light and sliding glass doors to a large deck and fenced back yard with plenty of room to enjoy!  Many updates include new gas heating system, roof with active solar panels, and electrical. Close to Hardy Pond, public park, shops and restaurants. Great commuter location close to routes 2 and I-95. Don't miss your opportunity to own in Waltham at a very affordable price!
Unit Size
1,029 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$407
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #72476503)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 4, 2019 Listed by Coldwell Banker Residential Brokerage - Belmont $419,000
Listed by Coldwell Banker Residential Brokerage - Belmont
Jul 25, 2011 Sold
Premium
Sold
Mar 2, 2011 Listed by Coldwell Banker Residential Brokerage - Belmont $319,900
Listed by Coldwell Banker Residential Brokerage - Belmont

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 588
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,598
  • Total Building Area: 1,029
  • Gross Building Area: 2,000
  • Building Area: 1,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,029
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • 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: 368101

Zoning

  • Zoning: 1

Geography

  • Account Number: 2605
  • Parcel: WALT M:022 B:009 L:0008
  • Block: 9
  • Lot: 8
  • Municipality: WALTHAM
  • Latitude: 42.4047
  • Longitude: -71.2405

    Address

  • Full Address: 37 Amherst Ave
  • Address - House Number: 37
  • Address - Street Name: Amherst
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Waltham
  • Carrier Code: C023
  • 4-Digit Zip Code: 3201
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,500

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 596,402
  • High Value: 706,304
  • Low Value: 486,501

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,800
  • Assessed Land Value: $309,100
  • Assessed Improvements Value: $198,700

    Sales

  • Current Sale Contract Date: May 21, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72867
  • Previous Sale Recording Date: Jul 25, 2011
  • Previous Sale Amount: $300,000
  • Previous 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 Lakeview

Stats & Trends

Median Asking:

$919,450

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2198 ft²

Average Home Age

50.3 years

Currently For Sale

9 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

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
237 Moody St. #2 Bedrooms X, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72476503

Frequently Asked Questions

When was property at 37 Amherst Avenue built and last sold?
The property at 37 Amherst Avenue was built in 1920 and last sold on May 21, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 37 Amherst Avenue is $422,055.
What are some comparable homes to 37 Amherst Avenue?
There are currently no comparable homes to 37 Amherst Avenue.
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