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Belmont 02478 Belmont Center
4 Merrill Ave.
Photo of 4 Merrill Ave.
Sold on Feb 19, 2026

23

Map

Photo of 4 Merrill Ave.
Photo of 4 Merrill Ave.
$1,300,000
● House - Off Market

4 Merrill Ave.

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,083 Ft²
$7,918
Est. Monthly
2.13%
Cap Rate

About This Property

Space abounds throughout this charming seven room ranch sited on a 9,000+ square foot lot.  Featuring a large living room with bay window, fireplace and hardwood floors leads to a bright dining room with French doors opening to a family room with exterior access. The updated kitchen offers S/S appliances and granite counters, three generous bedrooms including 1 ensuite, 3 full bathrooms total. This home offers versatile spaces including an expansive finished lower level with fireplace, bar, full bath and laundry room. This single-family residence offers ample storage,1818 square feet of living area, storage shed and one-car garage.  Proximity to shops, restaurants, public transportation, Cambridge and Boston enhance this home.
Unit Size
3,083 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$452
Property Type
House
Property Taxes
$1,068
HOA Dues
-
Year Built
1950

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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: 9 months ago (MLSPIN #73454538)

Price History

Date / Event Date Event Price
Feb 19, 2026 Sold
Premium
Sold
Dec 30, 2025 In contract -
In contract
Dec 2, 2025 Price Decreased $1,395,000
↓ $55K (3.8%)
Price Decreased
Nov 13, 2025 Listed by Coldwell Banker Realty - Belmont $1,450,000
Listed by Coldwell Banker Realty - Belmont
Mar 30, 1987 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,027
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: R

Geography

  • Parcel: BELM M:22 P:000169 S:
  • Municipality: BELMONT
  • Latitude: 42.3915
  • Longitude: -71.1577

    Address

  • Full Address: 4 Merrill Ave
  • Address - House Number: 4
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Belmont
  • Carrier Code: C018
  • 4-Digit Zip Code: 4019
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,139,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,255,867
  • High Value: 1,460,066
  • Low Value: 1,051,669

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,014,000
  • Assessed Land Value: $684,000
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Recording Date: Mar 30, 1987
  • Current Sale Price:
    Premium
  • Current 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 Belmont Center

Stats & Trends

Median Asking:

$1,597,000

Sale Price/ft²

$671

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2410 ft²

Average Home Age

94.7 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

$3,740 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 9 months ago
Data Source: MLS PIN, MLS# 73454538

Frequently Asked Questions

When was property at 4 Merrill Avenue built and last sold?
The property at 4 Merrill Avenue was built in 1950 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 4 Merrill Avenue is $0.
What are some comparable homes to 4 Merrill Avenue?
There are currently no comparable homes to 4 Merrill Avenue.
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