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Belmont 02478 Cushing Square
450 School St
Photo of 450 School St
Sold on Jan 12, 2007

1

Map

$702,000
● House - Off Market

450 School St

Belmont, MA 02478
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,090 Ft²
$1,381,080
RealtyHop Estimate
90.52%
Since Feb 1, 2007
MA-Boston
Primary Model

About This Property

This is an exceptional, quality built, multi level home. First level features a large living room with deck, dining room and kitchen with newer appliances. The second level has three bedroom and guest bath, a newer third level offers two large bedrms, each with full bath and generous closet space. The lower level provides 2 rooms and half bath that would be ideal as an in-law or aupair suite.
Unit Size
2,090 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$347
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1955

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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 #70435606)

Price History

Date / Event Date Event Price
May 24, 2010 Sold
Premium
Sold
Mar 11, 2010 Listed $729,000
Listed
Jan 12, 2007 Sold
Premium
Sold
Aug 5, 2006 Listed $724,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 240
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,082
  • Total Building Area: 2,090
  • Building Area: 2,090
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,090
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: 357300

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:09 P:000240 S:
  • Municipality: BELMONT
  • Latitude: 42.3822
  • Longitude: -71.1632

    Address

  • Full Address: 450 School St
  • Address - House Number: 450
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C037
  • 4-Digit Zip Code: 3864
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,524,100

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,506,608
  • High Value: 1,848,156
  • Low Value: 1,165,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,356,000
  • Assessed Land Value: $769,000
  • Assessed Improvements Value: $587,000

    Sales

  • Current Sale Recording Date: May 24, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00082403
  • Previous Sale Recording Date: Jan 12, 2007
  • Previous Sale Amount: $705,000
  • 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 Cushing Square

Stats & Trends

Median Asking:

$1,358,000

Sale Price/ft²

$603

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2333 ft²

Average Home Age

93.2 years

Currently For Sale

18 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

$3,065 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70435606

Frequently Asked Questions

When was property at 450 School Street built and last sold?
The property at 450 School Street was built in 1955 and last sold on Jan 1, 1970 for $718,000.
How much is this home worth?
The estimated value of the home located at 450 School Street is $741,881.
What are some comparable homes to 450 School Street?
There are currently no comparable homes to 450 School Street.
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