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Belmont 02478 Belmont Center
73 Hoitt Rd
$752,500
● House - Off Market

73 Hoitt Rd

Belmont, MA 02478
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,412 Ft²
$1,230,998
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Bright and cheery single-owner 6rm Ranch in the heart of Winn Brook features family room addition with fireplace, abundance of built-ins, walls of windows and exterior access to large deck overlooking spacious backyard, oversized lower level knotty pine playroom with fireplace and additional built-ins plus a utility room with walk-in cedar closet and laundry area with sink, and attached garage with extra storage room. Generous 9,296 sq ft level lot! Conveniently lcoated within walking distance to Winn Brook School/Joey's Park/tennis courts, both #78 and #74 bus stops, Belmont center shops, eateries and commuter rail, plus many other town amenities.
Unit Size
1,412 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$481
Property Type
House
Property Taxes
$646
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: 5 months ago (MLSPIN #71688171)

Price History

Date / Event Date Event Price
Jul 17, 2014 Sold
Premium
Sold
May 28, 2014 Listed by Lawndale Realty $679,000
Listed by Lawndale Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 9,296
  • Total Building Area: 3,538
  • Building Area: 3,538
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,538
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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:37 P:000100 S:
  • Municipality: BELMONT
  • Latitude: 42.3979
  • Longitude: -71.1656

    Address

  • Full Address: 73 Hoitt Rd
  • Address - House Number: 73
  • Address - Street Name: Hoitt
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C020
  • 4-Digit Zip Code: 3176
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,998,500

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,925,932
  • High Value: 2,267,736
  • Low Value: 1,584,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,778,000
  • Assessed Land Value: $911,000
  • Assessed Improvements Value: $867,000

    Sales

  • Current Sale Recording Date: Jul 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102457
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:

$1,597,000

Sale Price/ft²

$680

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2619 ft²

Average Home Age

90.6 years

Currently For Sale

8 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 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71688171

Frequently Asked Questions

When was property at 73 Hoitt Road built and last sold?
The property at 73 Hoitt Road was built in 1955 and last sold on Jan 1, 1970 for $752,500.
How much is this home worth?
The estimated value of the home located at 73 Hoitt Road is $692,186.
What are some comparable homes to 73 Hoitt Road?
There are currently no comparable homes to 73 Hoitt Road.
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