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Belmont 02478 Cushing Square
58 Hillside Terrace
$1,020,000
● House - Off Market

58 Hillside Terrace

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,433 Ft²
$1,671,177
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Watch Boston come alive each morning from this tastefully renovated home high atop a closed end street.  Featuring three levels of splendid renovations, this home features an updated eat-in kitchen with quartz countertops supported by light reflective stone flooring, three full baths with European flair boasting ceramic tiling and bright fixtures, hardwood floors throughout, a den, a playroom, family room, and mudroom with cedar closet among its living spaces.  Conveniently located "on the cusp" of the highly desirable "Presidents" and "Harvard Lawn" areas of Belmont, this home is a great location for commuters both inbound and outbound.
Unit Size
2,433 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$411
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
1967

Payment Calculator

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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: 6 months ago (MLSPIN #71984633)

Price History

Date / Event Date Event Price
Jun 9, 2016 Sold
Premium
Sold
Apr 7, 2016 Listed by Coldwell Banker Residential Brokerage - Belmont $999,000
Listed by Coldwell Banker Residential Brokerage - Belmont
Jan 23, 2007 Sold
Premium
Sold
Apr 14, 2006 Listed by Coldwell Banker Residential Brokerage - Belmont $799,000
Listed by Coldwell Banker Residential Brokerage - Belmont

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,616
  • Total Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 357400

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:08 P:000059 S:
  • Municipality: BELMONT
  • Latitude: 42.3849
  • Longitude: -71.1663

    Address

  • Full Address: 58 Hillside Ter
  • Address - House Number: 58
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Belmont
  • Carrier Code: C039
  • 4-Digit Zip Code: 3804
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,590,500

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,777,726
  • High Value: 2,093,226
  • Low Value: 1,462,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,415,000
  • Assessed Land Value: $944,000
  • Assessed Improvements Value: $471,000

    Sales

  • Current Sale Recording Date: Jun 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92344
  • Previous Sale Recording Date: Jan 23, 2007
  • Previous Sale Amount: $771,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,387,000

Sale Price/ft²

$601

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2449 ft²

Average Home Age

93.9 years

Currently For Sale

16 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: 6 months ago
Data Source: MLS PIN, MLS# 71984633

Frequently Asked Questions

When was property at 58 Hillside Terrace built and last sold?
The property at 58 Hillside Terrace was built in 1967 and last sold on Jan 1, 1970 for $1,020,000.
How much is this home worth?
The estimated value of the home located at 58 Hillside Terrace is $1,028,827.
What are some comparable homes to 58 Hillside Terrace?
There are currently no comparable homes to 58 Hillside Terrace.
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