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Waltham 02451 Lakeview
74 Mokema Ave
$440,500
● House - Off Market

74 Mokema Ave

Waltham, MA 02451
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,532 Ft²
$553,706
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Come and see for yourself this single family home, larger than it looks and with your determination and willingness to remodel can make it a beautiful home you can be proud of. Conveniently located with easy access to Highways: Interstate 95, 90, Route 2 and Route 2A. This home consists of 5 rooms, 2 bdrms, 1 bath and a partially finished room in the basement which features laundry hookup, brand new oil tank 2020 and an Oil Fired Furnace installed in 2017.  Nice little yard with 1 car garage and attached storage shed which could be your own He/She-Shed.  Also there is storage above the garage.  Driveway can fit at least 4 cars.  Street parking available.
Unit Size
1,532 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$261
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1922

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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: 6 months ago (MLSPIN #72621017)

Price History

Date / Event Date Event Price
Apr 8, 2020 Sold
Premium
Sold
Feb 19, 2020 Listed by Century 21 North East $399,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,135
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,532
  • Gross Building Area: 3,538
  • Building Area: 1,532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,532
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 79685
  • Parcel: WALT M:022 B:002 L:0008
  • Block: 2
  • Lot: 8
  • Municipality: WALTHAM
  • Latitude: 42.4055
  • Longitude: -71.247

    Address

  • Full Address: 74 Mokema Ave
  • Address - House Number: 74
  • Address - Street Name: Mokema
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Waltham
  • Carrier Code: C023
  • 4-Digit Zip Code: 0840
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,000

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 658,580
  • High Value: 779,939
  • Low Value: 537,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,000
  • Assessed Land Value: $322,000
  • Assessed Improvements Value: $233,000

    Sales

  • Current Sale Contract Date: Apr 04, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52392
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:

$919,450

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2198 ft²

Average Home Age

50.3 years

Currently For Sale

9 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: 6 months ago
Data Source: MLS PIN, MLS# 72621017

Frequently Asked Questions

When was property at 74 Mokema Avenue built and last sold?
The property at 74 Mokema Avenue was built in 1922 and last sold on Apr 4, 2020 for $440,500.
How much is this home worth?
The estimated value of the home located at 74 Mokema Avenue is $425,510.
What are some comparable homes to 74 Mokema Avenue?
There are currently no comparable homes to 74 Mokema Avenue.
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