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Belmont 02478 Belmont Hill
83 Snake Hill Road
Photo of 83 Snake Hill Road
Sold on May 14, 2008

1

Map

$920,000
● House - Off Market

83 Snake Hill Road

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,672 Ft²
$1,844,477
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

Designed by Carl Koch in 1941, this architecturally significant home has breathtaking views of Boston and is surrounded by extensive woodlands. The open living/dining room has a fireplace, built-ins, clerestory windows, access to a lovely deck & landscaped grounds. There is a cozy library w/ fireplace. As owner, you become a trustee of the Snake Hill Road Trust and therefore enjoy part ownership of 4 undeveloped lots. The views from the house are spectacular through every season.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$559
Property Type
House
Property Taxes
$719
HOA Dues
-
Year Built
1940

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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 #70675031)

Price History

Date / Event Date Event Price
May 14, 2008 Sold
Premium
Sold
Nov 7, 2007 Listed $935,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,720
  • Total Building Area: 3,197
  • Building Area: 3,197
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,197
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000476
  • 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: 357700

Zoning

  • Zoning: SA

Geography

  • Parcel: BELM M:58 P:000005 S:
  • Municipality: BELMONT
  • Latitude: 42.3941
  • Longitude: -71.1823

    Address

  • Full Address: 83 Snake Hill Rd
  • Address - House Number: 83
  • Address - Street Name: Snake Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C031
  • 4-Digit Zip Code: 1505
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,726,800

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,714,483
  • High Value: 3,142,467
  • Low Value: 2,286,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,426,000
  • Assessed Land Value: $1,469,000
  • Assessed Improvements Value: $957,000

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 118470
  • Previous Sale Recording Date: May 14, 2008
  • Previous Sale Amount: $920,000
  • 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 Belmont Hill

Stats & Trends

Median Asking:

$1,893,500

Sale Price/ft²

$626

Below Asking

0.03%

Average Days on Market

63

Average Home Size

4642 ft²

Average Home Age

61.6 years

Currently For Sale

13 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

$2,920 /mo

  • 1 Bed
  • 1 Bath
  • 1,045 ft²
20 Watertown St. #1 Bedroom G, Watertown, MA, 02472 Listing by Equity Residential
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: 6 months ago
Data Source: MLS PIN, MLS# 70675031

Frequently Asked Questions

When was property at 83 Snake Hill Road built and last sold?
The property at 83 Snake Hill Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 83 Snake Hill Road is $947,333.
What are some comparable homes to 83 Snake Hill Road?
There are currently no comparable homes to 83 Snake Hill Road.
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