20 Oakley Rd Belmont, MA 02478

6 beds · 3 baths · 3,226 sq ft · Lot Size: 11,326 sq ft · Single Family Home · Cushing Square
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20 Oakley Rd is in the Cushing Square neighborhood of Belmont, MA. It is located in Middlesex County and ZIP code 02478. This Single Family Home was built in 1896 and is approximately 129 years old. The single family home spans 3226 sq ft with 6 bedrooms and 3 bathrooms and sits on a 11326 sq ft lot. According to public records, it was last sold in 2014 for $950,000. The Cushing Square area of Belmont has 617 residential homes. Analyze and compare real estate investment strategies for properties like this home at 20 Oakley Rd Belmont, MA 02478 with Property Intel by Whitepages.

Investment Potential for 20 Oakley Rd

The property has a current estimated value of $1,737,730, which is 14% above the neighborhood median, based on public records. It last sold on July 31, 2014 for $950K. Projected long-term
is $44,400 annually ($3,700 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 02478 zip code
 
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Owners & Occupancy for 20 Oakley Rd

This property is owned by Sheung Ching Lam. Owner contact information includes 2 phone numbers.

Property Owners

Residence***********
Landline(617) 484-1322+ 1 more
Distance from Property**********
Cell Phone(978) ***-****
Residence***********
Landline(617) 484-4081+ 5 more
Distance from Property**********
Email Address*******@aol.com

Property Ownership Information

Purchase DateJuly 31, 2014
Property Tax Amount$16,695 in 2024
Purchase Price$950,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1********** age 84
Resident 2********************** age 49
Resident 3**************** age 49
Resident 4***************** age 50

Property Details for 20 Oakley Rd

Property Details

Property Sq Ft

Living Area

3,226 sq ft

Compare to Cushing Square

Lot Size

11,326 sq ft

Compare to Cushing Square

Price Per Sq Ft

Living Area

$539 / sq ft

Compare to Cushing Square

Lot Size Area

$153 / sq ft

Compare to Cushing Square
Property condition, age, exterior, etc. for 20 Oakley …
Longitude: -71.169795 Latitude: 42.378422 Parcel Number (APN): BELM-000005-000002…
Mortgage originated on through lender: Cole Taylor Bk for$******View Mortgage Details
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Market Benchmarks

Compare data for 20 Oakley Rd in Middlesex County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$1,737,730
$748,055
$989,675 (132%)
$1,069,150
$1,841,747 (172%)
YoY Price Change
2.3%
-187%
Year Built
1896
1969
-73 years
Living Space
3,226 sq ft
2,405 sq ft
821 (34%)
$ Per Living Sq Ft
$539
$337
$201 (60%)
Lot Size
11,326 sq ft
22,216 sq ft
-10890 (-49%)
$ Per Lot Sq Ft
$153
$37
$116 (311%)

Net Operating Income
$19,671
-$10,437 (-53%)
Annual Revenue
$44,400
$38,400
$6,000 (16%)
$15,601
$19,565 (125%)
Net Operating Income
$19,671
-$10,437 (-53%)
Cap Rate
2.47%
Home Value Comparison: Property vs. Local and Regional 6-Bed Single Family Home Medians