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Waltham 02451 North Waltham
40 Hobbs Brook Road
$815,000
● House - Off Market

40 Hobbs Brook Road

Waltham, MA 02451
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,285 Ft²
$1,215,906
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

PRESTIGIOUS LINCOLN LINE! Renowned Architect Royal Barry Wills Oversized Full Dormered Cape on a Meticulously Landscaped 1/2 Acre Lot Featuring Modernized 2018 Remodeled Eat-In Kitchen, Huge Fireplaced Living Room, Formal Dining Room, two 1st Floor Bedrooms (Ideal for Guests or Those Who Prefer 1st Floor Living) 3 Oversized 2nd Floor Bedrooms, Gleaming Hardwood Floors Throughout, Newly Finished Basement Family Room with Fieldstone Fireplace, New 2017 Windows, 2 Car Garage, Double Width Driveway, and More!  A Timeless Masterpiece That Will Delight All.
Unit Size
2,285 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$372
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1961

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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 #72474616)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Aug 30, 2019 Sold
Premium
Sold
Apr 2, 2019 Listed by Coldwell Banker Residential Brokerage - Waltham $849,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Feb 26, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,088
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,904
  • Gross Building Area: 4,032
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 368102

Zoning

  • Zoning: 1

Geography

  • Account Number: 56094
  • Parcel: WALT M:005 B:008 L:0008
  • Block: 8
  • Lot: 8
  • Municipality: WALTHAM
  • Latitude: 42.4163
  • Longitude: -71.2655

    Address

  • Full Address: 40 Hobbs Brook Rd
  • Address - House Number: 40
  • Address - Street Name: Hobbs Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C032
  • 4-Digit Zip Code: 1321
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $831,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 990,630
  • High Value: 1,164,604
  • Low Value: 816,657

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $863,000
  • Assessed Land Value: $505,000
  • Assessed Improvements Value: $358,000

    Sales

  • Current Sale Contract Date: Aug 03, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91226
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $815,000
  • Previous Sale Document Type: O
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 North Waltham

Stats & Trends

Median Asking:

$862,450

Sale Price/ft²

$463

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2852 ft²

Average Home Age

40.3 years

Currently For Sale

20 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72474616

Frequently Asked Questions

When was property at 40 Hobbs Brook Road built and last sold?
The property at 40 Hobbs Brook Road was built in 1961 and last sold on Aug 3, 2023 for $1,149,000.
How much is this home worth?
The estimated value of the home located at 40 Hobbs Brook Road is $855,744.
What are some comparable homes to 40 Hobbs Brook Road?
There are currently no comparable homes to 40 Hobbs Brook Road.
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