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Belmont 02478 Belmont Center
65 Oliver Road
$1,280,000
● House - Off Market

65 Oliver Road

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,442 Ft²
$2,804,249
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

*RARE OFFERING* SPECT. WATERFRONT SETTING . TOTAL RENOVATION & ADDITION, UTMOST IN QUALITY BY RESPECTED DEVELOPMENT CO. EXCEPTIONAL DESIGN, FUNCTIONALITY & CURB APPEAL, EXTRAORDINARY ATTN. TO DETAIL & EVERY EFFORT TO MAXIMIZE WATER VIEWS. DESIGNER KITCH OPEN TO F.P. FAM RM W/ WALL OF GLASS & ACCESS TO LRG DECK OVERLOOK WATER. LIV.RM W/ F.P. SPACIOUS MSTR.SUITE OVERLOOK WATER W/ SUMPTUOUS BATH, ADDL. BDRM W/ BALCONY. NEAR EVERYTHING! IMMEDIATE OCCUPANCY! DAYS ON MARKET REFLECT CONSTRUCTION PERIOD
Unit Size
3,442 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$374
Property Type
House
Property Taxes
$665
HOA Dues
-
Year Built
1932

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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 #71250120)

Price History

Date / Event Date Event Price
Mar 12, 2012 Sold
Premium
Sold
Jun 17, 2011 Listed by Century 21 Adams Realty $1,289,000
Listed by Century 21 Adams Realty
Apr 27, 2011 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,798
  • Building Area: 2,798
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,798
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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:41 P:000052 S:
  • Municipality: BELMONT
  • Latitude: 42.4009
  • Longitude: -71.1607

    Address

  • Full Address: 65 Oliver Rd
  • Address - House Number: 65
  • Address - Street Name: Oliver
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C016
  • 4-Digit Zip Code: 4620
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,210,900

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,242,450
  • High Value: 2,640,428
  • Low Value: 1,844,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,967,000
  • Assessed Land Value: $890,000
  • Assessed Improvements Value: $1,077,000

    Sales

  • Current Sale Recording Date: Mar 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Apr 27, 2011
  • Previous Sale Amount: $650,500
  • 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:

$1,599,000

Sale Price/ft²

$680

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2428 ft²

Average Home Age

91.1 years

Currently For Sale

10 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 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71250120

Frequently Asked Questions

When was property at 65 Oliver Road built and last sold?
The property at 65 Oliver Road was built in 1932 and last sold on Jan 1, 1970 for $1,280,000.
How much is this home worth?
The estimated value of the home located at 65 Oliver Road is $1,344,979.
What are some comparable homes to 65 Oliver Road?
There are currently no comparable homes to 65 Oliver Road.
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