$900,000
●
Condo -
Off Market
39 Channing Road #2
Belmont, MA 02478
4 Beds
2 Baths
1,919 Ft²
$5,277
Est. Monthly
$300
HOA / Fees
5.40%
Cap Rate
About This Property
Welcome to this bright, spacious 4-bedroom 2 full bath upper unit
condominium in Belmont Center just steps away from the restaurants
& shops. The main level has an expansive living room w/ 8 windows
to catch the sun, beautiful large kitchen & dining room perfect for
entertaining, 3 bedrooms, full bath, in-unit laundry & private rear
deck. The upper level has a large master suite, 2 skylights, an
office/exercise room & a full bath. This meticulously maintained
unit has a new '24 gas heating/cooling system (5-year transferable
warranty & service plan) to ensure efficiency & comfort, a new roof
'21, insulation '22, & ample storage in basement & attic. The 2
deeded parking spaces each individually unblocked add an extra
layer of convenience. Steps away from the Commuter Rail to North
Station, buses to Harvard Redline Subway, or a bike path to Alewife
Redline Subway. All levels of public school close by.
Unit Size
1,919 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$458
Property Type
Condo
Property Taxes
$660
HOA Dues
$300
Year Built
1935
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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: 3 years ago (MLSPIN #73257978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Gibson Sotheby's International Realty | $879,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Second
Width: 12
Length: 13
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Deck - Exterior, Recessed Lighting
Area: 156
Level: Third
Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Second
Features: Closet, Flooring - Hardwood, Lighting - Overhead
Width: 11
Length: 12
Area: 132
Area: 80
Length: 10
Level: Second
Features: Closet, Flooring - Hardwood, Lighting - Overhead
Width: 8
Width: 12
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Length: 13
Level: Second
Area: 156
Features: Closet, Flooring - Hardwood, Lighting - Overhead
Width: 10
Length: 11
Area: 110
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Length: 21
Level: Second
Area: 294
Features: Flooring - Hardwood, Open Floorplan
Width: 14
Features: Bathroom - Full, Skylight, Closet, Flooring - Hardwood, Recessed Lighting
Level: Third
Length: 20
Width: 14
Area: 280
Length: 23
Level: Third
Area: 322
Features: Closet, Flooring - Hardwood
Width: 14
Features: Yes
Full Bathrooms: 2
Interior Features: Closet, Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Hardwood, Flooring - Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Deeded, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: R
Parcel Number: 4383382
Water Source: Public
Financial Details
Tax Assessed Value: $750,000
Tax Annual Amount: $7,920
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $300
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/26/2024
|
4 Bed
|
2 Bath
|
1919 ft²
|
$879,000
4 Bed
2 Bath
1919 ft²
|
$900,000
+2.39%
08/20/2024
|
Dave Ledwig
Coldwell Banker Realty - Arlington
| |
|
03/15/2002
|
4 Bed
|
2 Bath
|
1929 ft²
|
$479,000
4 Bed
2 Bath
1929 ft²
|
$462,000
-3.55%
06/28/2002
|
Dana Ingram
Ingram Realty Co.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017