Joan Bissdorf
Responds Quickly
Keller Williams Realty
(781) 776-5511
60 Total Sales
2 in South Side
$545K - $717K Price Range
240 Crescent St Waltham, MA 02453
South Side NeighborhoodEstimated Value: $1,860,242
11
Beds
8
Baths
4,000
Sq Ft
$465/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Shops
About This Home
As of February 2024Listed at an 8.21% cap rate on current income, 240 Crescent Street consists of 11 residential units with 3 studio units, 3 1-Bedroom/1-Bathroom units and 5 SRO (Single Room Occupancy) units. All units have been renovated with new kitchens and bathrooms as well as updated flooring. Recent capital improvements include renovated common areas as well as a new, asphalt shingle roof. There is on-site laundry for the tenants of the property as well as one parking space. 240 Crescent Street is centrally located on an attractive residential street just seconds from the Charles River and a few blocks from downtown Waltham and Moody Street and its many vibrant shops, restaurants, and bars. The Properties’ central location offers convenient highway access to the major employment centers in Boston, Cambridge, and the Route 128 Technology Corridor. 240 Crescent St can be purchased with 252-254 Crescent St (MLS ID: 73176153)
Last Agent to Sell the Property
Dennis Kelleher
Horvath & Tremblay Listed on: 11/01/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,943
Year Built
- Built in 1920
Lot Details
- 3,920
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,000 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Driveway
- Open Parking
Additional Features
- 3,920 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $16,600
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water)
- Assessor Parcel Number 839347
Community Details
Overview
- 11 Units
Amenities
- Medical Services
- Shops
Building Details
- Operating Expense $66,195
- Net Operating Income $135,455
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Feb 12, 2024
Sold by
Bought by
Seller's Agent
Dennis Kelleher
Horvath & Tremblay
Buyer's Agent
Ron Ifrah
Longwood Residential, LLC
List Price
$1,650,000
Sold Price
$1,700,000
Premium/Discount to List
$50,000
3.03%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,242
Avg. Annual Appreciation
3.71%
Original Mortgage
$1,275,000
Outstanding Balance
$1,240,945
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,297
Purchase Details
Closed on
Feb 1, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,000
Interest Rate
3.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Side, MA
-
Joan Bissdorf
-
LaVerne Merritt
LaVerne Merritt
C. Devon's Homes, LLC
(857) 271-5248
5 Total Sales
1 in South Side
$389,000 Price
-
Cassie Dowling
Cassie Dowling
Coldwell Banker Realty - Waltham
(833) 659-2842
19 Total Sales
2 in South Side
$515K - $1.3M Price Range
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
105 Total Sales
1 in South Side
$572,000 Price
-
Kelly Dimbat
Kelly Dimbat
Lamacchia Realty, Inc.
(781) 557-4147
117 Total Sales
1 in South Side
$1,150,000 Price
-
Gary Rogers
Gary Rogers
RE/MAX On the Charles
(857) 663-0335
65 Total Sales
2 in South Side
$415K - $430K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,700,000 | None Available | ||
| $875,000 | -- | ||
| $164,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,275,000 | ||
| Closed | $1,200,000 | ||
| Previous Owner | $260,000 | ||
| Previous Owner | $938,000 | ||
| Previous Owner | $525,000 | ||
| Closed | $250,000 | ||
| Closed | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $1,700,000 | +3.0% | $425 / Sq Ft |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $1,650,000 | -- | $413 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,458 | $1,574,100 | $342,600 | $1,231,500 |
| 2024 | $14,139 | $1,466,700 | $342,600 | $1,124,100 |
| 2023 | $14,943 | $1,448,000 | $312,100 | $1,135,900 |
| 2022 | $14,745 | $1,323,600 | $284,900 | $1,038,700 |
| 2021 | $14,837 | $1,310,700 | $257,800 | $1,052,900 |
| 2020 | $13,327 | $1,115,200 | $244,200 | $871,000 |
| 2019 | $10,905 | $861,400 | $241,800 | $619,600 |
| 2018 | $10,475 | $830,700 | $223,900 | $606,800 |
| 2017 | $10,245 | $815,700 | $203,500 | $612,200 |
| 2016 | $11,369 | $928,800 | $179,800 | $749,000 |
| 2015 | $10,702 | $815,100 | $352,000 | $463,100 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2024
Dennis Kelleher
Horvath & Tremblay
-
Ron Ifrah
R
Buyer's Agent in 2024
Ron Ifrah
Longwood Residential, LLC
(617) 319-1085
1 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73176152
APN: WALT-000068-000024-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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