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Waltham 02453 Cedar Woods
60 Thornton Rd
$702,000
● House - Off Market

60 Thornton Rd

Waltham, MA 02453
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,555 Ft²
$660,358
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Extremely Rare CEDARWOOD Neighborhood, Ranch Style Home with a 2 Car Garage.  Hardwood Floors throughout, 2 Fireplaces, Corner Lot.  Set Up and Ready for New Owners Visions, Personal Ideas and Finishes.  Fantastic Opportunity to get into One of the Top Neighborhoods in Waltham.  Walk to Cedarwood Playground, Brandeis University, Bus Stop.  Extremely Convenient to Route 128, Route 2, Mass Pike, Weston Line, Commuter Rail, Restaurants and Shops.
Unit Size
1,555 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$418
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #72976167)

Price History

Date / Event Date Event Price
Jun 8, 2022 Sold
Premium
Sold
May 4, 2022 Listed by Gelineau & Associates, R.E. $649,900
Listed by Gelineau & Associates, R.E.
Mar 30, 2022 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,296
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,939
  • Total Building Area: 1,555
  • Gross Building Area: 2,735
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARWOOD SEC A
  • Land Acres: 0000000159
  • 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: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 110294
  • Parcel: WALT M:066 B:010 L:0001
  • Block: 10
  • Lot: 1
  • Municipality: WALTHAM
  • Latitude: 42.3704
  • Longitude: -71.2629

    Address

  • Full Address: 60 Thornton Rd
  • Address - House Number: 60
  • Address - Street Name: Thornton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C028
  • 4-Digit Zip Code: 1585
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $604,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 736,840
  • High Value: 866,407
  • Low Value: 607,273

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $627,500
  • Assessed Land Value: $391,600
  • Assessed Improvements Value: $235,900

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 86429
  • Previous Sale Recording Date: Mar 30, 2022
  • Previous Sale Contract Date: Mar 15, 2022
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: O
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 Cedar Woods

Stats & Trends

Median Asking:

$865,500

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2258 ft²

Average Home Age

68 years

Currently For Sale

4 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 70 Hope Ave, Waltham, MA, 02453

$3,422 /mo

  • 2 Beds
  • 2 Baths
  • 1,141 ft²
70 Hope Ave #Holden, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
237 Moody St. #2 Bedrooms X, Waltham, MA, 02453 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# 72976167

Frequently Asked Questions

When was property at 60 Thornton Road built and last sold?
The property at 60 Thornton Road was built in 1956 and last sold on Jun 8, 2022 for $702,000.
How much is this home worth?
The estimated value of the home located at 60 Thornton Road is $662,079.
What are some comparable homes to 60 Thornton Road?
There are currently no comparable homes to 60 Thornton Road.
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