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Waltham 02451 Lakeview
55 Silver Hill Lane
$750,000
● House - Off Market

55 Silver Hill Lane

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,047 Ft²
$4,022
Est. Monthly

About This Property

Desirable and Convenient Lincoln Heights Neighborhood.  Lovingly Maintained Split Level Home on a Beautiful 1/3 Acre Level Lot Featuring Bright Fireplaced Living Room, Formal Dining Room, Full Cabinet Kitchen, Charming Hardwood Floors, Tile Baths, Relaxing 3 Season Porch, Finished Lower Level Fireplaced Family Room, Office, Tile Bath & Laundry, Younger 2018 Roof, Newer 2021 Hot Water Heater, Garage and More.  Convenient to Route 128, Mass Pike, Route 2, Shopping, Public Transportation, and Parks.
Unit Size
2,047 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$366
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1965

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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 #73166433)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Oct 10, 2023 In contract -
In contract
Oct 4, 2023 Listed by Coldwell Banker Realty - Waltham $749,900
Listed by Coldwell Banker Realty - Waltham

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,001
  • Total Building Area: 1,895
  • Gross Building Area: 2,704
  • Building Area: 1,895
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,895
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • 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: 105255
  • Parcel: WALT M:012 B:010 L:0031
  • Block: 10
  • Lot: 31
  • Municipality: WALTHAM
  • Latitude: 42.4107
  • Longitude: -71.2518

    Address

  • Full Address: 55 Silver Hill Ln
  • Address - House Number: 55
  • Address - Street Name: Silver Hill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Waltham
  • Carrier Code: C073
  • 4-Digit Zip Code: 2245
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $681,500

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 766,223
  • High Value: 825,594
  • Low Value: 706,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $707,000
  • Assessed Land Value: $432,400
  • Assessed Improvements Value: $274,600

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148832
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:

$887,450

Sale Price/ft²

$427

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2153 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: 5 months ago
Data Source: MLS PIN, MLS# 73166433

Frequently Asked Questions

When was property at 55 Silver Hill Lane built and last sold?
The property at 55 Silver Hill Lane was built in 1965 and last sold on Dec 29, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 55 Silver Hill Lane is $767,519.
What are some comparable homes to 55 Silver Hill Lane?
There are currently no comparable homes to 55 Silver Hill Lane.
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