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Belmont 02478 Belmont Center
56 Thomas St
Photo of 56 Thomas St
Sold on Jun 22, 2009

1

Map

$470,000
● House - Off Market

56 Thomas St

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$973,523
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

****BANK SALE****Modern colonial. eat-in kitchen, modern bath,hardwood floors and newer siding. Excellent location. Sold "AS IS" All offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale Agreement. Including any and all of the seller's addendums.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$288
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1870

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70878222)

Price History

Date / Event Date Event Price
Jun 22, 2009 Sold
Premium
Sold
Feb 20, 2009 Listed $469,900
Listed
Feb 19, 2009 Sold
Premium
Sold
Sep 26, 2003 Sold
Premium
Sold
May 30, 2003 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $559,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
BEAUTIFULLY RENOVATED 7RM COLONIAL FEATURES MODERN EAT-IN CHERRY KITCHEN, ULTRA-MODERN MARBLE BATH, 1ST FLR FAMILY RM PLUS FIN'D BMST W/TILE FLR, RECESSED LITES & CEDAR CLOSET, IN-GROUND POOL. CONVENIENT LOC - WALK TO CTR. NOT A DRIVE-BY

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,202
  • Total Building Area: 2,608
  • Building Area: 2,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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:000054 S:
  • Municipality: BELMONT
  • Latitude: 42.3928
  • Longitude: -71.1793

    Address

  • Full Address: 56 Thomas St
  • Address - House Number: 56
  • Address - Street Name: Thomas
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C028
  • 4-Digit Zip Code: 2440
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,398,300

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,390,913
  • High Value: 1,703,205
  • Low Value: 1,078,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,244,000
  • Assessed Land Value: $770,000
  • Assessed Improvements Value: $474,000

    Sales

  • Current Sale Recording Date: Jun 22, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00116819
  • Previous Sale Recording Date: Feb 19, 2009
  • Previous Sale Amount: $384,011
  • Previous Sale Document Type: 34
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:

$1,499,000

Sale Price/ft²

$679

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2443 ft²

Average Home Age

90.8 years

Currently For Sale

11 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: 4 months ago
Data Source: MLS PIN, MLS# 70878222

Frequently Asked Questions

When was property at 56 Thomas Street built and last sold?
The property at 56 Thomas Street was built in 1870 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 56 Thomas Street is $515,805.
What are some comparable homes to 56 Thomas Street?
There are currently no comparable homes to 56 Thomas Street.
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