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Belmont 02478 Belmont Center
6 Broad Street
$675,000
● House - Off Market

6 Broad Street

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,840 Ft²
$1,299,920
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

Total rehap in 2003! Features include tasteful decor, all new wiring, plumbing, windows, alarm, central a/c, new heating system, master bdrm with bath, fab finished basement,family rm, deck , fenced in yard. Walk to Center.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$374
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1950

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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 #70006763)

Price History

Date / Event Date Event Price
Jun 16, 2004 Sold
Premium
Sold
Mar 15, 2004 Listed by Coldwell Banker Residential Brokerage - Belmont $689,000
Listed by Coldwell Banker Residential Brokerage - Belmont

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,214
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • 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: 357100

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:42 P:000020 S:
  • Municipality: BELMONT
  • Latitude: 42.3985
  • Longitude: -71.1677

    Address

  • Full Address: 6 Broad St
  • Address - House Number: 6
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C004
  • 4-Digit Zip Code: 3147
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,276,900

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,243,671
  • High Value: 1,464,391
  • Low Value: 1,022,951

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,136,000
  • Assessed Land Value: $855,000
  • Assessed Improvements Value: $281,000

    Sales

  • Current Sale Recording Date: Sep 26, 2013
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000020
  • Previous Sale Recording Date: Jun 16, 2004
  • Previous Sale Amount: $675,000
  • 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 Belmont Center

Stats & Trends

Median Asking:

$1,595,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2643 ft²

Average Home Age

117 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70006763

Frequently Asked Questions

When was property at 6 Broad Street built and last sold?
The property at 6 Broad Street was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6 Broad Street is $729,603.
What are some comparable homes to 6 Broad Street?
There are currently no comparable homes to 6 Broad Street.
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