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Belmont 02478 Belmont Center
52 Tobey Rd
$905,000
● House - Off Market

52 Tobey Rd

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,661 Ft²
$1,022,900
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

This sunny, 7 room, 3 bedroom, 1 1/2 bath side entrance English Colonial is situated on a tree-lined side street in desirable Winn Brook neighborhood. Features include fireplaced living room, corner dining room, eat-in peninsula kitchen, 1st floor sunroom, enclosed porch, rear deck overlooking spacious yard, hardwood flooring, replacement windows, gas heat, MassSave insulation, pull-down staircase for attic storage, basement laundry and storage, and a two-car garage with interior access. Walk to school, park, tennis courts, bus stop, Belmont Center specialty shops/eateries/commuter rail and more! Easy access to Alewife station and major routes & highways. Solidly built home in need of updating.
Unit Size
1,661 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$589
Property Type
House
Property Taxes
$1,037
HOA Dues
-
Year Built
1935

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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 #72990424)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 1, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $979,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,509
  • Total Building Area: 1,661
  • Building Area: 1,661
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,661
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:45 P:000056 S:
  • Municipality: BELMONT
  • Latitude: 42.4036
  • Longitude: -71.1628

    Address

  • Full Address: 52 Tobey Rd
  • Address - House Number: 52
  • Address - Street Name: Tobey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C016
  • 4-Digit Zip Code: 4226
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,316,200

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,214,052
  • High Value: 1,429,515
  • Low Value: 998,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,171,000
  • Assessed Land Value: $834,000
  • Assessed Improvements Value: $337,000

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 124781
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 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: 4 months ago
Data Source: MLS PIN, MLS# 72990424

Frequently Asked Questions

When was property at 52 Tobey Road built and last sold?
The property at 52 Tobey Road was built in 1935 and last sold on Aug 15, 2022 for $905,000.
How much is this home worth?
The estimated value of the home located at 52 Tobey Road is $998,654.
What are some comparable homes to 52 Tobey Road?
There are currently no comparable homes to 52 Tobey Road.
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