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Belmont 02478 Cushing Square
57 Raleigh Rd.
$1,075,000
● House - Off Market

57 Raleigh Rd.

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,080 Ft²
$1,269,094
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Floral gardens enfold this storybook ten room Colonial nestled on a tranquil tree lined street. This home features beautiful period details throughout, a large fire-placed living room  with bay window, a formal dining room highlighted by a beautiful custom wall hutch featuring French doors.  The renovated chef's kitchen with high end appliances offers access to the quaint gardens and patio.. The sun-filled first floor family room and half bath complete the first floor.  The second level boasts four bedrooms and family bath and access to the finished walk up third level with half bath. A one car detached garage, proximity to Cushing Square, schools and public transportation complete this home.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$541
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1922

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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: 5 years ago (MLSPIN #72892632)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by Coldwell Banker Realty - Belmont $1,125,000
Listed by Coldwell Banker Realty - Belmont

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,050
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,912
  • Total Building Area: 1,758
  • Gross Building Area: 3,414
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: R

Geography

  • Parcel: BELM M:06 P:000088 S:
  • Municipality: BELMONT
  • Latitude: 42.3848
  • Longitude: -71.1729

    Address

  • Full Address: 57 Raleigh Rd
  • Address - House Number: 57
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C029
  • 4-Digit Zip Code: 2837
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,184,700

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,246,521
  • High Value: 1,467,747
  • Low Value: 1,025,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,054,000
  • Assessed Land Value: $777,000
  • Assessed Improvements Value: $277,000

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 252979
  • Previous Sale Recording Date: Jan 24, 2012
  • 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:

$1,353,500

Sale Price/ft²

$606

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2277 ft²

Average Home Age

98.6 years

Currently For Sale

17 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

$4,065 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72892632

Frequently Asked Questions

When was property at 57 Raleigh Road built and last sold?
The property at 57 Raleigh Road was built in 1922 and last sold on Nov 19, 2021 for $1,075,000.
How much is this home worth?
The estimated value of the home located at 57 Raleigh Road is $1,141,364.
What are some comparable homes to 57 Raleigh Road?
There are currently no comparable homes to 57 Raleigh Road.
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