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Belmont 02478 Belmont Center
5 Clark Ln
Photo of 5 Clark Ln
Sold on Jun 9, 2006

1

Map

$529,000
● House - Off Market

5 Clark Ln

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,287 Ft²
$844,538
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

Open House 4-9-06 1230-130pm Nice large family home on dead end street walk to schools center and train, great 12,000 sqft+ fenced yard. new carpet,paint,kitchen and more, young roof and 1yr old heat system this is a great opportunity to live in Belmont at a great price. make your offer today.
Unit Size
2,287 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$205
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1866

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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: 5 months ago (MLSPIN #70363080)

Price History

Date / Event Date Event Price
Feb 3, 2022 Sold
Premium
Sold
May 19, 2006 Sold
Premium
Sold
Apr 7, 2006 Listed $469,000
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1866
  • Effective Year Built: 1866
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,750
  • Total Building Area: 2,615
  • Building Area: 2,615
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,615
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000293
  • 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: 357800

Zoning

  • Zoning: R

Geography

  • Parcel: BELM M:30 P:000068 S:
  • Municipality: BELMONT
  • Latitude: 42.3932
  • Longitude: -71.1808

    Address

  • Full Address: 5 Clark Ln
  • Address - House Number: 5
  • Address - Street Name: Clark
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Belmont
  • Carrier Code: C028
  • 4-Digit Zip Code: 2455
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $994,700

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,336,024
  • High Value: 1,633,923
  • Low Value: 1,038,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $885,000
  • Assessed Land Value: $594,000
  • Assessed Improvements Value: $291,000

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18842
  • Previous Sale Recording Date: Mar 25, 2008
  • Previous Sale Document Type: 48
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

$679

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2497 ft²

Average Home Age

91.4 years

Currently For Sale

9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70363080

Frequently Asked Questions

When was property at 5 Clark Lane built and last sold?
The property at 5 Clark Lane was built in 1866 and last sold on Dec 22, 2021 for $820,000.
How much is this home worth?
The estimated value of the home located at 5 Clark Lane is $521,088.
What are some comparable homes to 5 Clark Lane?
There are currently no comparable homes to 5 Clark Lane.
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