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Belmont 02478 Belmont Center
91 Munroe St
$985,000
● House - Off Market

91 Munroe St

Belmont, MA 02478
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,425 Ft²
$1,472,135
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

20K PRICE IMPROVEMENT OWNERS WANT OFFERS!! Highly sought after Winn Brook neighborhood area. Wonderful  center entrance Garrison colonial in move-in condition, features hardwood floors, a formal front to back living room with a fireplace, a formal dining room,  half a bath and eat-in-kitchen on the first floor along with a screened porch. The second floor features 3 bedrooms and a bath and access to attic. This home has new gas fired heating system and central air.  Large level corner lot that has been meticulously landscaped with 4 Zone irrigation system. One car attached garage on a double width driveway with parking for five additional cars all within walking distance  to the school, Belmont center and public transportation.
Unit Size
1,425 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$722
Property Type
House
Property Taxes
$782
HOA Dues
-
Year Built
1938

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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 #72495169)

Price History

Date / Event Date Event Price
Aug 6, 2019 Sold
Premium
Sold
May 7, 2019 Listed by Renaissance Realty $1,029,000
Listed by Renaissance Realty
Dec 20, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,783
  • Total Building Area: 1,425
  • Building Area: 1,425
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,425
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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:43 P:000076 S:
  • Municipality: BELMONT
  • Latitude: 42.3998
  • Longitude: -71.1675

    Address

  • Full Address: 91 Munroe St
  • Address - House Number: 91
  • Address - Street Name: Munroe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Belmont
  • Carrier Code: C004
  • 4-Digit Zip Code: 3202
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,183,600

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,201,584
  • High Value: 1,414,835
  • Low Value: 988,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,053,000
  • Assessed Land Value: $741,000
  • Assessed Improvements Value: $312,000

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115516
  • Previous Sale Recording Date: Dec 20, 1994
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,499,000

Sale Price/ft²

$679

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2439 ft²

Average Home Age

90.8 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 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# 72495169

Frequently Asked Questions

When was property at 91 Munroe Street built and last sold?
The property at 91 Munroe Street was built in 1938 and last sold on Jul 30, 2019 for $985,000.
How much is this home worth?
The estimated value of the home located at 91 Munroe Street is $1,039,819.
What are some comparable homes to 91 Munroe Street?
There are currently no comparable homes to 91 Munroe Street.
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