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Belmont 02478 Cushing Square
71 Elizabeth Road
Photo of 71 Elizabeth Road
Sold on Jun 10, 2025

40

Map

Photo of 71 Elizabeth Road
Photo of 71 Elizabeth Road
$1,749,000
● House - Off Market

71 Elizabeth Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,293 Ft²
$10,050
Est. Monthly
1.64%
Cap Rate

About This Property

This tasteful 1935 Center Entrance Colonial offers classic charm in one of Belmont's most desired neighborhoods, close proximity to schools, and easy commuting to Boston from a beautiful tree-lined street close to Cambridge.  A 3 bed, 2.5 bath layout boasts traditional proportions, beautiful hardwood floors, and exquisite period details including original moldings, built-ins, and French doors.  Adding to the home's appeal are two office spaces to accommodate work-from-home lifestyles.  A generously sized walk-up attic and walk-out basement also offer potential to expand your living space or create flexible areas tailored to your lifestyle.  A covered porch and big yard invite family time outdoors.  Bring your modern vision of classic Belmont living to life in an unbeatable location.
Unit Size
2,293 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$763
Property Type
House
Property Taxes
$1,462
HOA Dues
-
Year Built
1935

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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: 2 years ago (MLSPIN #73374954)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
May 21, 2025 In contract -
In contract
May 14, 2025 Listed $1,749,000
Listed
Sep 21, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 23
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 2,152
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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:000032 S:
  • Municipality: BELMONT
  • Latitude: 42.3835
  • Longitude: -71.1652

    Address

  • Full Address: 71 Elizabeth Rd
  • Address - House Number: 71
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C039
  • 4-Digit Zip Code: 3819
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,614,100

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,637,212
  • High Value: 1,923,241
  • Low Value: 1,351,184

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,436,000
  • Assessed Land Value: $921,000
  • Assessed Improvements Value: $515,000

    Sales

  • Current Sale Recording Date: Sep 21, 1995
  • Current Sale Price:
    Premium
  • Current 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 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

$3,635 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73374954

Frequently Asked Questions

When was property at 71 Elizabeth Road built and last sold?
The property at 71 Elizabeth Road was built in 1935 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 71 Elizabeth Road is $0.
What are some comparable homes to 71 Elizabeth Road?
There are currently no comparable homes to 71 Elizabeth Road.
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