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Waltham 02451 Lakeview
55 Loretta Road
$616,000
● House - Off Market

55 Loretta Road

Waltham, MA 02451
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,160 Ft²
$858,245
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Brand New to Market! Twilight OH Tuesday evening from 6:00 to 7:00. (Interior Pictures are in now!) Lovingly cared for oversized Ranch (2160 sf of living space!) with over 36,000 sf of land in convenient North Waltham location! This inviting, unique property features: FP living room, hardwood flooring, spacious 23x20 Great room, with 15 ft cathedral ceilings, (18X11) Granite Eat in  kitchen, multi purpose finished lower level with Fireplace, that could double as a potential in-law or teen suite and with its own private bath! In addition you will have Updated heating, Central Air, insulated windows, garage parking and so much more! Situated just minutes to 128, MA Pike, route 2, shopping and fine restaurants only ad to this homes appeal! A must see to fully appreciate! Don't miss this one!
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$278
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1955

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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 #72526868)

Price History

Date / Event Date Event Price
Aug 7, 2019 Sold
Premium
Sold
Jun 27, 2019 Listed by RE/MAX Unlimited $599,900
Listed by RE/MAX Unlimited

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,521
  • Total Building Area: 2,412
  • Gross Building Area: 3,110
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000838
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368101

Zoning

  • Zoning: 1

Geography

  • Account Number: 68722
  • Parcel: WALT M:012 B:003 L:0001
  • Block: 3
  • Lot: 1
  • Municipality: WALTHAM
  • Latitude: 42.4129
  • Longitude: -71.2525

    Address

  • Full Address: 55 Loretta Rd
  • Address - House Number: 55
  • Address - Street Name: Loretta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C073
  • 4-Digit Zip Code: 2213
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $707,200

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 834,904
  • High Value: 963,232
  • Low Value: 706,576

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,600
  • Assessed Land Value: $463,800
  • Assessed Improvements Value: $269,800

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116536
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 Lakeview

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2177 ft²

Average Home Age

51.8 years

Currently For Sale

6 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72526868

Frequently Asked Questions

When was property at 55 Loretta Road built and last sold?
The property at 55 Loretta Road was built in 1955 and last sold on Aug 7, 2019 for $616,000.
How much is this home worth?
The estimated value of the home located at 55 Loretta Road is $631,951.
What are some comparable homes to 55 Loretta Road?
There are currently no comparable homes to 55 Loretta Road.
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