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Belmont 02478 Cushing Square
55 Horne Road
Photo of 55 Horne Road
Sold on Sep 20, 2007

1

Map

$570,000
● House - Off Market

55 Horne Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,103 Ft²
$1,128,740
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

This inviting center entrance Colonial brimming with period detail features a large fireplaced living room with natural woodwork, two fluted pillars atop built in bookcases lead to a sitting area. A formal dining room, large eat in kitchen with pantry, three bedrooms plus office and walk up attic. Also, a charming screened front porch, two car detached garage and fenced yard. This home is within walking distance to Cushing Square and awaits your personal updates.
Unit Size
2,103 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$284
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1927

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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 #70597935)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
May 19, 2021 Listed $1,275,000
Listed
Sep 20, 2007 Sold
Premium
Sold
Jun 14, 2007 Listed $597,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 5,603
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,199
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 357500

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:12 P:000198 S:
  • Municipality: BELMONT
  • Latitude: 42.3809
  • Longitude: -71.1779

    Address

  • Full Address: 55 Horne Rd
  • Address - House Number: 55
  • Address - Street Name: Horne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C011
  • 4-Digit Zip Code: 4422
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,648,900

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,719,994
  • High Value: 2,025,249
  • Low Value: 1,414,739

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,467,000
  • Assessed Land Value: $758,000
  • Assessed Improvements Value: $709,000

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148798
  • Previous Sale Recording Date: Sep 20, 2007
  • Previous Sale Amount: $570,000
  • 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:

$1,349,000

Sale Price/ft²

$601

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2089 ft²

Average Home Age

95.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70597935

Frequently Asked Questions

When was property at 55 Horne Road built and last sold?
The property at 55 Horne Road was built in 1927 and last sold on Jun 30, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 55 Horne Road is $1,296,282.
What are some comparable homes to 55 Horne Road?
There are currently no comparable homes to 55 Horne Road.
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