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Waltham 02453 Bank Square
40 Highland Street
$700,000
● House - Off Market

40 Highland Street

Waltham, MA 02453
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$743,663
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

***STILL AVAILABLE ***This stunning 4 Bedroom, 1 Bath Cape home has it all! 2 large bedrooms downstairs and 2 bedrooms upstairs, gleaming hardwood floors through-out, a gorgeous, updated, newer kitchen with beautiful custom cabinets, quarts counter tops, stainless steel appliances, wine refrigerator & pot filler. It  furthermore features a brand new, state-of-the-art, gas heating system, newer roof, a 1-car garage attached to the spacious, easily to finish basement space and an absolutely exquisite back yard - perfect for a staycation and entertaining!  *** Twilight Open House Thursday, September 15 from 6 - 7 PM & Open house Saturday, September 17 from 11 AM to 1 PM ***
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$598
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #73032540)

Price History

Date / Event Date Event Price
Oct 26, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $699,900
Relisted
Sep 17, 2022 In contract -
In contract
Sep 6, 2022 Listed by Coldwell Banker Realty - Waltham $699,900
Listed by Coldwell Banker Realty - Waltham
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 780
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,487
  • Total Building Area: 1,170
  • Gross Building Area: 2,420
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 54773
  • Parcel: WALT M:068 B:011 L:0003
  • Block: 11
  • Lot: 3
  • Municipality: WALTHAM
  • Latitude: 42.3704
  • Longitude: -71.2481

    Address

  • Full Address: 40 Highland St
  • Address - House Number: 40
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waltham
  • Carrier Code: C053
  • 4-Digit Zip Code: 3446
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,200

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 684,260
  • High Value: 803,891
  • Low Value: 564,628

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,600
  • Assessed Land Value: $331,100
  • Assessed Improvements Value: $291,500

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 159308
  • Previous Sale Recording Date: Feb 23, 2004
  • Previous Sale Amount: $330,000
  • 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 Bank Square

Stats & Trends

Median Asking:

$770,000

Sale Price/ft²

$480

Below Asking

0.03%

Average Days on Market

58

Average Home Size

3192 ft²

Average Home Age

86 years

Currently For Sale

12 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 70 Hope Ave, Waltham, MA, 02453

$3,129 /mo

  • 2 Beds
  • 2 Baths
  • 1,111 ft²
70 Hope Ave #Hampshire, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,205 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
237 Moody St. #2 Bedrooms B, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73032540

Frequently Asked Questions

When was property at 40 Highland Street built and last sold?
The property at 40 Highland Street was built in 1956 and last sold on Oct 26, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 40 Highland Street is $679,945.
What are some comparable homes to 40 Highland Street?
There are currently no comparable homes to 40 Highland Street.
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