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Belmont 02478 Belmont Center
40 Westlund Road
$525,000
● House - Off Market

40 Westlund Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,249 Ft²
$1,089,934
RealtyHop Estimate
107.61%
Since Jul 1, 2003
MA-Boston
Primary Model

About This Property

UNIQUE CONTEMPORARY RANCH IN DESIRABLE WINNBROOK LOCATION! SPACIOUS COMBO LIVING ROOM/DINING ROOM W/ HARDWOOD FLOORS & FIREPLACE LEADS TO DECK OVERLOOKING OVERSIZED PRIVATE YARD. STYLISH KITCHEN - A MUST SEE!
Unit Size
1,249 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$420
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1957

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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 years ago (MLSPIN #30716114)

Price History

Date / Event Date Event Price
Jun 30, 2003 Sold
Premium
Sold
Apr 30, 2003 Listed by Realty Consultants of Cape Cod $525,000
Listed by Realty Consultants of Cape Cod
Sep 3, 1997 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,050
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,640
  • Total Building Area: 1,174
  • Gross Building Area: 2,400
  • Building Area: 1,174
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,174
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000267
  • 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: 357100

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:37 P:000044 S:
  • Municipality: BELMONT
  • Latitude: 42.3972
  • Longitude: -71.165

    Address

  • Full Address: 40 Westlund Rd
  • Address - House Number: 40
  • Address - Street Name: Westlund
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C020
  • 4-Digit Zip Code: 3142
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,278,000

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,166,702
  • High Value: 1,373,762
  • Low Value: 959,642

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,137,000
  • Assessed Land Value: $964,000
  • Assessed Improvements Value: $173,000

    Sales

  • Current Sale Recording Date: Jun 30, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 547
  • Previous Sale Recording Date: Sep 03, 1997
  • Previous Sale Amount: $253,000
  • 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 Belmont Center

Stats & Trends

Median Asking:

$1,599,000

Sale Price/ft²

$680

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2428 ft²

Average Home Age

91.1 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 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30716114

Frequently Asked Questions

When was property at 40 Westlund Road built and last sold?
The property at 40 Westlund Road was built in 1957 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 40 Westlund Road is $553,009.
What are some comparable homes to 40 Westlund Road?
There are currently no comparable homes to 40 Westlund Road.
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