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Belmont 02478 Belmont Center
85 Hoitt Road
$550,000
● House - Off Market

85 Hoitt Road

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,601 Ft²
$1,056,350
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

WONDERFUL CAPE COD STYLE HOME IDEALLY LOCATED IN THE WINNBROOK AREA. SITUATED ON LARGE LOT WITH 0VER 10,000 SQUARE FEET OF LAND. THIS HOME FEATURES OVERSIZE ROOMS, THREE BEDROOMS AND TWO BATH, AND A WONDERFUL BACK PORCH.
Unit Size
1,601 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$350
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1957

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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 #30806515)

Price History

Date / Event Date Event Price
May 28, 2004 Sold
Premium
Sold
Jan 23, 2004 Listed by Area Homes Realty, Inc. $559,900
Listed by Area Homes Realty, Inc.

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,540
  • Total Building Area: 1,601
  • Building Area: 1,601
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,601
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELMONT
  • Land Acres: 0000000242
  • 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:000098 S:
  • Municipality: BELMONT
  • Latitude: 42.3978
  • Longitude: -71.166

    Address

  • Full Address: 85 Hoitt Rd
  • Address - House Number: 85
  • Address - Street Name: Hoitt
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C020
  • 4-Digit Zip Code: 3125
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,365,700

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,299,352
  • High Value: 1,528,793
  • Low Value: 1,069,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,215,000
  • Assessed Land Value: $940,000
  • Assessed Improvements Value: $275,000

    Sales

  • Current Sale Recording Date: May 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 136807
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

$669

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2335 ft²

Average Home Age

95.3 years

Currently For Sale

7 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30806515

Frequently Asked Questions

When was property at 85 Hoitt Road built and last sold?
The property at 85 Hoitt Road was built in 1957 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 85 Hoitt Road is $597,690.
What are some comparable homes to 85 Hoitt Road?
There are currently no comparable homes to 85 Hoitt Road.
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