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Waltham 02453 Cedar Woods
8 Florence Rd
$625,000
● House - Off Market

8 Florence Rd

Waltham, MA 02453
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,310 Ft²
$593,633
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Cedarwood!! Charm Galore in this two-bedroom colonial style. This home offers a spacious 12x23 fire-placed living room, formal dining room, and eat-in kitchen! Two huge bedrooms, with an 11x21 primary bedroom and a 10x21 2nd bedroom. A beautiful 10x16 three-seasoned porch ( with newer windows) provides even more living areas. A landscaped lot with gorgeous mature plantings and a deck with a trellis updated heating system, oil tank and roof( roof done 2013 ), and water main (2010); some updates are still needed, but well worth the effort! Offers are due by noon Aug 22, 2023
Unit Size
1,310 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$458
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73148786)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Aug 22, 2023 In contract -
In contract
Aug 15, 2023 Listed by RE/MAX On the Charles $599,900
Listed by RE/MAX On the Charles
Aug 31, 1995 Sold
Premium
Sold
Jun 13, 1995 Listed by RE/MAX On the Charles $164,750
Listed by RE/MAX On the Charles
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,310
  • Gross Building Area: 2,268
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,310
  • 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: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 40191
  • Parcel: WALT M:066 B:003 L:0018
  • Block: 3
  • Lot: 18
  • Municipality: WALTHAM
  • Latitude: 42.3715
  • Longitude: -71.2592

    Address

  • Full Address: 8 Florence Rd
  • Address - House Number: 8
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C028
  • 4-Digit Zip Code: 1509
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 692,715
  • High Value: 821,712
  • Low Value: 563,719

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,000
  • Assessed Land Value: $371,000
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100632
  • Previous Sale Recording Date: Aug 31, 1995
  • Previous Sale Amount: $160,500
  • 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 Cedar Woods

Stats & Trends

Median Asking:

$865,500

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2258 ft²

Average Home Age

68 years

Currently For Sale

4 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 237 Moody St., Waltham, MA, 02453

$2,805 /mo

  • 1 Bed
  • 1 Bath
  • 731 ft²
237 Moody St. #1 Bedroom F, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,348 /mo

  • 2 Beds
  • 2 Baths
  • 1,217 ft²
70 Hope Ave #Winchester, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73148786

Frequently Asked Questions

When was property at 8 Florence Road built and last sold?
The property at 8 Florence Road was built in 1940 and last sold on Sep 6, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 8 Florence Road is $601,697.
What are some comparable homes to 8 Florence Road?
There are currently no comparable homes to 8 Florence Road.
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