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Belmont 02478 Belmont Center
38 Taylor Road
$886,000
● House - Off Market

38 Taylor Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,759 Ft²
$1,462,110
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

Located on a side street just minutes driving to Alewife station. Meticulously maintained 8 rm. multi-level home in Burbank School neighborhood. Home features a sun-splashed living room with fireplace, beautiful family room with 2 skylights, spacious dining room, eat-in kitchen, hardwood floor throughout, central A/C, finished lower level media room, and private large leveled backyard. Upstairs offers three large bedrooms including a master bedroom with full bath. The spacious heated two-car garage offers extra storage space. Wonderful, well-maintained family home in a desirable neighborhood ready for you to move in today! Newer roof and Newer A/C of 2013. One block from bus to Harvard Sq.
Unit Size
1,759 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$494
Property Type
House
Property Taxes
$872
HOA Dues
-
Year Built
1955

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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 #71987964)

Price History

Date / Event Date Event Price
May 27, 2016 Sold
Premium
Sold
Apr 13, 2016 Listed by Phoenix Real Estate Partners, LLC $869,000
Listed by Phoenix Real Estate Partners, LLC
Sep 21, 2007 Sold
Premium
Sold
May 1, 2007 Listed by Phoenix Real Estate Partners, LLC $665,000
Listed by Phoenix Real Estate Partners, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,520
  • Total Building Area: 1,759
  • Building Area: 1,759
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,759
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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: 357200

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:21 P:000133 S:
  • Municipality: BELMONT
  • Latitude: 42.3894
  • Longitude: -71.1598

    Address

  • Full Address: 38 Taylor Rd
  • Address - House Number: 38
  • Address - Street Name: Taylor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C024
  • 4-Digit Zip Code: 3959
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,514,000

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,516,999
  • High Value: 1,786,228
  • Low Value: 1,247,771

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,347,000
  • Assessed Land Value: $888,000
  • Assessed Improvements Value: $459,000

    Sales

  • Current Sale Recording Date: May 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84918
  • Previous Sale Recording Date: Sep 21, 2007
  • Previous Sale Amount: $648,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Center

Stats & Trends

Median Asking:

$1,499,000

Sale Price/ft²

$679

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2439 ft²

Average Home Age

90.8 years

Currently For Sale

10 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

$3,065 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, 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# 71987964

Frequently Asked Questions

When was property at 38 Taylor Road built and last sold?
The property at 38 Taylor Road was built in 1955 and last sold on Jan 1, 1970 for $886,000.
How much is this home worth?
The estimated value of the home located at 38 Taylor Road is $898,782.
What are some comparable homes to 38 Taylor Road?
There are currently no comparable homes to 38 Taylor Road.
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