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Belmont 02478 Belmont Hill
45 Vernon Rd
$885,000
● House - Off Market

45 Vernon Rd

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,520 Ft²
$1,193,411
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Set on a beautiful lot of over 11,000 sf in sought after Kendall Gardens area this colonial home is located in a quiet residential neighborhood yet offers quick access to Rte 2 and Waverley Square. This home has an efficient floor plan and offers 3 bedrooms plus a first floor den/home office, detailed wood molding and a 2 car garage. Entertain your guests on the large deck overlooking a fabulous yard and abutting Beaver Brook Conservation Reservation. With 2 1/2 baths and a lower lever play room this home has a lot to offer. Updates include roof 2013, blown in insulation 2013, 200 Amp electric service.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$591
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1927

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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: 4 months ago (MLSPIN #72659761)

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold
Premium
Sold
May 28, 2020 Listed by RE/MAX Revolution $899,000
Listed by RE/MAX Revolution
Aug 11, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,187
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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: 357700

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:61 P:000040 S:
  • Municipality: BELMONT
  • Latitude: 42.3982
  • Longitude: -71.1969

    Address

  • Full Address: 45 Vernon Rd
  • Address - House Number: 45
  • Address - Street Name: Vernon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C031
  • 4-Digit Zip Code: 1012
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,049,800

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 1,051,270
  • High Value: 1,236,904
  • Low Value: 865,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $934,000
  • Assessed Land Value: $822,000
  • Assessed Improvements Value: $112,000

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 142729
  • Previous Sale Recording Date: Aug 11, 1989
  • Previous Sale Amount: $310,000
  • 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 Hill

Stats & Trends

Median Asking:

$1,972,500

Sale Price/ft²

$628

Below Asking

0.03%

Average Days on Market

63

Average Home Size

4481 ft²

Average Home Age

70.1 years

Currently For Sale

16 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 months ago
Data Source: MLS PIN, MLS# 72659761

Frequently Asked Questions

When was property at 45 Vernon Road built and last sold?
The property at 45 Vernon Road was built in 1927 and last sold on Aug 14, 2020 for $885,000.
How much is this home worth?
The estimated value of the home located at 45 Vernon Road is $907,038.
What are some comparable homes to 45 Vernon Road?
There are currently no comparable homes to 45 Vernon Road.
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