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Belmont 02478 Belmont Center
8 Taylor Road
Photo of 8 Taylor Road
Sold on Mar 4, 2011

1

Map

$701,000
● House - Off Market

8 Taylor Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,126 Ft²
$1,295,317
RealtyHop Estimate
117.70%
Since Apr 1, 2011
MA-Boston
Primary Model

About This Property

Charming and lovingly maintained 7 rm. Colonial custom built in 1951 for present owner.  Set in a desirable Burbank location,  the house offers a living room w/fireplace, dining room with 2 built-in china cabinets, a 1st floor panelled den, hardwood floors throughout and enclosed rear porch overlooking a beautiful fenced yard.  In addition, there are a basement playroom with fireplace and walk-up attic.  This property is near the Harvard Square bus and all three Belmont schools.
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$280
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1951

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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: 8 months ago (MLSPIN #71183068)

Price History

Date / Event Date Event Price
Mar 4, 2011 Sold
Premium
Sold
Jan 28, 2011 Listed by Hammond Residential Real Estate $595,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,780
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,560
  • Total Building Area: 1,686
  • Gross Building Area: 4,892
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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: 357200

Zoning

  • Zoning: SC

Geography

  • Parcel: BELM M:21 P:000128 S:
  • Municipality: BELMONT
  • Latitude: 42.3904
  • Longitude: -71.1597

    Address

  • Full Address: 8 Taylor Rd
  • Address - House Number: 8
  • Address - Street Name: Taylor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C024
  • 4-Digit Zip Code: 3959
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,424,100

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,440,010
  • High Value: 1,695,575
  • Low Value: 1,184,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,267,000
  • Assessed Land Value: $889,000
  • Assessed Improvements Value: $378,000

    Sales

  • Current Sale Recording Date: Mar 04, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
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:

$1,599,000

Sale Price/ft²

$680

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2428 ft²

Average Home Age

91.1 years

Currently For Sale

10 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

$2,940 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
20 Watertown St. #1 Bedroom A, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 8 months ago
Data Source: MLS PIN, MLS# 71183068

Frequently Asked Questions

When was property at 8 Taylor Road built and last sold?
The property at 8 Taylor Road was built in 1951 and last sold on Jan 1, 1970 for $701,000.
How much is this home worth?
The estimated value of the home located at 8 Taylor Road is $0.
What are some comparable homes to 8 Taylor Road?
There are currently no comparable homes to 8 Taylor Road.
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