38-40 Falmouth Street

Belmont, MA 02478

$1,250,000
Last Sold Price
4
Beds
3
Baths
1
1/2 Bath
3,334 Sq. Ft.
$375 / Sq. Ft.
3,334
Sq. Ft.
$375
per Sq. Ft.

Description

Opportunity awaits an Owner-occupant/Investor in this spacious and sunny 2-Family home in desirable Harvard Lawn neighborhood. The tri-level owner’s unit opens to a 1st FL foyer leading to a family room and ½ bath. A Chef’s kitchen on the 2nd FL features custom cabinetry, soapstone countertops, SS appliances, and an adjoining sunroom facing the fenced back yard. The formal dining room leads to an expansive living room with direct access to a large deck. Two bedrooms with custom closets and a full...Opportunity awaits an Owner-occupant/Investor in this spacious and sunny 2-Family home in desirable Harvard Lawn neighborhood. The tri-level owner’s unit opens to a 1st FL foyer leading to a family room and ½ bath. A Chef’s kitchen on the 2nd FL features custom cabinetry, soapstone countertops, SS appliances, and an adjoining sunroom facing the fenced back yard. The formal dining room leads to an expansive living room with direct access to a large deck. Two bedrooms with custom closets and a full bath complete this level. The 3rd FL primary bedroom suite features skylights, a sitting area, gas fireplace, two custom walk-in closets & a Juliet balcony. A fabulous soaking tub, custom shower & double vanity makes this primary bath feel like a SPA. The 2nd unit is a one bedroom, L/R, D/R, bath and sunroom. Hardwood floors, in-unit laundry, C/A, gas heat, solar panels and much more. Mins. to Cambridge (Harvard Square via #73 bus), Fresh Pond, parks, country club, shops, and restaurants.
  1. Listed by Anne M Kennedy • Coldwell Banker Realty - Newton

Property Details for 38-40 Falmouth Street

Town
Belmont
Area
MA-Belmont
Style
Garden
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Anne M Kennedy

Sold By Lamacchia Realty, Inc., Jennifer Van Molle

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LISTING UPDATED: 09/14/2022 04:53 PM

Property Details for 38-40 Falmouth Street

StatusSold
MLS #73014590
Days on Market16
Taxes$14,577 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1913
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Anne M Kennedy

Sold By Lamacchia Realty, Inc., Jennifer Van Molle

Add your commute

Virtual Tour

Building Information for 38-40 Falmouth Street

Stories4Residences2Year Built1913Building Size-Lot Size0.10 AC / 4,452 SF

Payment Calculator

$8,037 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,215

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38-40 Falmouth Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Bike Path, Highway Access, House of Worship, Public School, Sidewalks
  • Current Financing: Cash
  • Living Area: 3334.0
  • Color: Tan
  • SqFt with Basement: No
  • Total Units: 2
  • Property Condition: Unit 2 Remodeled
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Wellington
  • High School: Belmont High
  • Middle School: Chenery
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Unit 2(Range, Dryer, Vent Hood), Gas Water Heater, Tank Water Heater, Tankless Water Heater, Water Heater(Varies Per Unit), Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • DoorFeatures: Storm Door(s)
  • FireplaceFeatures: Unit 2(Fireplace - Natural Gas)
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Tile, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor)
  • Interior Features: Unit 1(High Speed Internet Hookup, Bathroom With Tub & Shower), Unit 2(Pantry, Cathedral/Vaulted Ceilings, Storage, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Walk-In Closet, Bathroom with Shower Stall, Unit 1 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Family Room, Mudroom
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Spa Features: Unit 2 Jacuzzi/Whirlpool Soaking Tub
  • SpaYN: Yes
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony, Rain Gutters, Storage Shed, Professional Landscaping, Garden, Stone Wall, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Exterior Features: Fenced Yard, Balcony, Storage Shed, Professional Landscaping, Garden Area, Stone Wall, Porch - Enclosed, Deck - Wood, Patio, Covered Patio/Deck
  • Fencing: Fenced
  • Lot Description: Level
  • Patio And Porch Features: Enclosed, Deck - Wood, Patio, Covered
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Central Air, Unit Control), Unit 2(Central Air, Unit Control, Ductless Mini-Split System)
  • Cooling: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Green Energy Efficient: Thermostat
  • Green Energy Generation: Solar
  • Heating: Unit 1(Forced Air, Gas), Unit 2(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Subject To Sellers Finding Suitable Housing,Property Has Been Identified. Fireplace On 1st Floor Is Decorative. Solar Panels Service The Owners' Unit. Solar Panels Are Leased,Lease Will Transfer To New Owner. Additional Off-Street Parking Spot Available For Rent. Ask Agent For Details.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:02 P:000069 S:,355899
  • Assessments: $1,261,000
  • Book: 64145
  • Tax Year: 2022
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 4
  • Cooling Zones: 4
  • Heat Units: 2
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $19,800.00
  • Insurance: $2,440.00
  • GRE: $4,840
  • NOI: $14,960.00
  • Operating Expense: $4,840.00
  • WSE: $2,400.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $1,650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1.0

Property History for 38-40 Falmouth Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38-40 Falmouth Street

Taxable ValueLand$927,000Additions$441,000Total$1,368,000
Tax Record2023$15,376 ($1,281 / month)
Home Facts
Baths3.5Total Finished SqFt3,334 SqFtAbove Grade Finished SqFt3,334 SqFtStories3Lot Size4,452 SqFtStyleDuplexYear Built1913ZoningRCountyMIDDLESEXAPNBELM M:02 P:000069 S:Fireplace TypeHas Fireplace

Schools near 38-40 Falmouth Street

This home is within Belmont School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - K to 6
Rating
School
Distance
Roger Wellington Elementary School
PublicPK to 4

Winthrop L Chenery Middle School
Public5 to 8

Belmont High School
Public9 to 12

Haggerty School
PrivateK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Newton, Anne M Kennedy

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.