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Belmont 02478 Belmont Hill
85 Lawrence Lane
$950,000
● House - Off Market

85 Lawrence Lane

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,764 Ft²
$1,482,104
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

Belmont Hill: Handsomely poised on a tree lined street this welcoming eight room Center Entrance Colonial features a sun-drenched living room with gas fire-place, recessed lighting and custom built ins, a first floor family room with sliders to an oversized deck and lovely grounds. A formal dining room, updated kitchen boasting S/S appliances and cherry cabinets and a half bath complete the first floor. Three generous bedrooms  including a master en-suite, quaint office/nursery with access to walk up attic and main bath completes the second floor. . A finished lower level includes a playroom,  laundry room and storage. This home is enhanced by C/A on the 2nd floor, hardwood floors, views of Boston, a one car garage, a fenced yard and proximity to all major routes.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$539
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1937

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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: 4 months ago (MLSPIN #72235375)

Price History

Date / Event Date Event Price
Dec 5, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Coldwell Banker Residential Brokerage - Belmont $950,000
Listed by Coldwell Banker Residential Brokerage - Belmont
Sep 24, 2015 Sold
Premium
Sold
Jun 11, 2015 Listed by Coldwell Banker Residential Brokerage - Belmont $799,000
Listed by Coldwell Banker Residential Brokerage - Belmont
Jul 10, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,175
  • Total Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: SB

Geography

  • Parcel: BELM M:46 P:000082 S:
  • Municipality: BELMONT
  • Latitude: 42.4065
  • Longitude: -71.1695

    Address

  • Full Address: 85 Lawrence Ln
  • Address - House Number: 85
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Belmont
  • Carrier Code: C007
  • 4-Digit Zip Code: 3332
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,354,400

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,335,219
  • High Value: 1,572,186
  • Low Value: 1,098,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,205,000
  • Assessed Land Value: $800,000
  • Assessed Improvements Value: $405,000

    Sales

  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 196915
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Amount: $795,000
  • Previous Sale Document Type: O
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:

$1,950,000

Sale Price/ft²

$626

Below Asking

0.03%

Average Days on Market

61

Average Home Size

4670 ft²

Average Home Age

70.2 years

Currently For Sale

15 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 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: 4 months ago
Data Source: MLS PIN, MLS# 72235375

Frequently Asked Questions

When was property at 85 Lawrence Lane built and last sold?
The property at 85 Lawrence Lane was built in 1937 and last sold on Jan 1, 1970 for $950,000.
How much is this home worth?
The estimated value of the home located at 85 Lawrence Lane is $954,110.
What are some comparable homes to 85 Lawrence Lane?
There are currently no comparable homes to 85 Lawrence Lane.
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