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Waltham 02451 Lakeview
66 Loretta Road
$700,000
● House - Off Market

66 Loretta Road

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$699,137
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Well maintained 3 bed 2 bath ranch with full basement and fenced yard, located on sought after Lexington/Lincoln line! Inviting main level features a spacious living room with floor to ceiling fireplace, kitchen with ample cabinetry, dining room with sliders to rear deck, three generously sized bedrooms all with ceiling fans, large full bath, welcoming foyer entry and hardwood floors throughout. Lower level offers an additional 1,250 sq.ft of potential living space plus a 2nd full bath. Huge 16,000 sq.ft. corner lot with beautiful shrubbery, enclosed side porch and vinyl siding highlight the exterior. Additional features include central air, 200 amp electric and Harvey replacement windows. 1 minute to I-95, easy access to I-90 & Rte 2 and just moments to shopping, parks and MacArthur Elementary.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$474
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1955

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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 #72966163)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by Compass $689,900
Listed by Compass

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,440
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,969
  • Total Building Area: 1,440
  • Gross Building Area: 3,192
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 368101

Zoning

  • Zoning: 1

Geography

  • Account Number: 68786
  • Parcel: WALT M:012 B:002 L:0002
  • Block: 2
  • Lot: 2
  • Municipality: WALTHAM
  • Latitude: 42.413
  • Longitude: -71.253

    Address

  • Full Address: 66 Loretta Rd
  • Address - House Number: 66
  • Address - Street Name: Loretta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C073
  • 4-Digit Zip Code: 2241
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 770,672
  • High Value: 905,426
  • Low Value: 635,917

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $671,200
  • Assessed Land Value: $422,900
  • Assessed Improvements Value: $248,300

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81572
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 Lakeview

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2177 ft²

Average Home Age

51.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72966163

Frequently Asked Questions

When was property at 66 Loretta Road built and last sold?
The property at 66 Loretta Road was built in 1955 and last sold on May 31, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 66 Loretta Road is $695,579.
What are some comparable homes to 66 Loretta Road?
There are currently no comparable homes to 66 Loretta Road.
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