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Belmont 02478 Belmont Center
43 Hamilton Road
Photo of 43 Hamilton Road
Sold on Dec 3, 2009

1

Map

$565,000
● House - Off Market

43 Hamilton Road

Belmont, MA 02478
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,120 Ft²
$1,232,392
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

Just what you have been waiting for!  Surprisingly large and lovely 9 room home near Cambridge line.  Bright formal living room w/ hardwood floors. Kitchen/dining area opens to newer addition with 1/2 bath, family room, and sun-splashed playroom. Large master, 4 add'l bedrooms with ample closet space, 2 ceramic baths and laundry h/u on 2nd flr! Newer windows, roof, systems and 2 zone central air. Level fenced yard with patio. Conveniently located near schools, shops, Fresh Pond & public trans
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$278
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1940

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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 #70900856)

Price History

Date / Event Date Event Price
Dec 2, 2009 Sold
Premium
Sold
Apr 9, 2009 Listed $589,000
Listed
Jun 29, 2006 Sold
Premium
Sold
May 3, 2006 Listed $639,000
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,050
  • Total Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLINGTON PARK BLDG
  • Land Acres: 0000000093
  • 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:000140 S:
  • Municipality: BELMONT
  • Latitude: 42.3927
  • Longitude: -71.1588

    Address

  • Full Address: 43 Hamilton Rd
  • Address - House Number: 43
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C018
  • 4-Digit Zip Code: 4038
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,254,400

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,350,086
  • High Value: 1,589,692
  • Low Value: 1,110,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,116,000
  • Assessed Land Value: $699,000
  • Assessed Improvements Value: $417,000

    Sales

  • Current Sale Recording Date: Dec 02, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00232218
  • Previous Sale Recording Date: Jun 29, 2006
  • Previous Sale Amount: $619,000
  • 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:

$1,498,500

Sale Price/ft²

$675

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2544 ft²

Average Home Age

91.2 years

Currently For Sale

11 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

$3,395 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
20 Watertown St. #2 Bedrooms F, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70900856

Frequently Asked Questions

When was property at 43 Hamilton Road built and last sold?
The property at 43 Hamilton Road was built in 1940 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 43 Hamilton Road is $595,839.
What are some comparable homes to 43 Hamilton Road?
There are currently no comparable homes to 43 Hamilton Road.
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