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48-50 Chester Rd

Belmont, MA 02478

4 bd 2 ba 2,766 sqft Built 1920 Lot 5,018 sqft multi_family
Most recent sale
$1,371,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $1,371,000 MLS #72973217
Oct 18, 2017 Sold $1,010,000 MLS #72224693
Sep 7, 2017 Listed $949,000 MLS #72224693
Jul 2, 1984 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $589,000 $738,000 $1,327,000 $15,115
2024 $484,000 $828,000 $1,312,000 $13,855
2023 $200,000 $781,000 $981,000 $11,026
2022 $197,000 $754,000 $951,000 $10,994
2021 $173,000 $747,000 $920,000 $10,617
2020 $181,000 $770,000 $951,000 $10,461
2019 $334,000 $611,000 $945,000 $11,028
2018 $319,000 $555,000 $874,000 $10,619
2016 $316,000 $509,000 $825,000 $10,362
2015 $274,000 $397,000 $671,000 $8,656
2014 $288,000 $325,000 $613,000 $8,276
2006 $365,000 $343,000 $708,000 $7,370
2005 $371,000 $311,000 $682,000 $7,291
2004 $341,000 $298,000 $639,000 $6,844
2003 $309,000 $285,000 $594,000 $6,403

Property facts

Year built
1920
Property type
multi_family
Stories
3
Beds
4
Baths
2
Living area
2,766 sqft
Lot size
5,018 sqft
ZIP code
02478
City
Belmont
Street
Chester Rd
Coordinates
42.38390, -71.17296

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,021
Gross rental yield
7.02%
Implied cap rate
4.56%
Trend-extrapolated value

Frequently asked questions

When did 48-50 Chester Rd last sell?
48-50 Chester Rd most recently sold on Jul 8, 2022 for $1,371,000.
What is the current tax assessment for 48-50 Chester Rd?
The most recent total assessment for 48-50 Chester Rd (year 2025) is $1,327,000 with $15,115 in property tax.
How does 48-50 Chester Rd's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $1,371,000.
When was 48-50 Chester Rd built?
48-50 Chester Rd was built in 1920.
How does 48-50 Chester Rd compare to others on Chester Rd?
We track 8 other properties on Chester Rd. Browse the list under "Other properties on Chester Rd" to compare beds, baths, and sale history.
What are the property facts for 48-50 Chester Rd?
48-50 Chester Rd is a 4 bed, 2 bath, 2,766 sqft, 5,018 sqft lot multi_family.
Is 48-50 Chester Rd a flip candidate?
No — 48-50 Chester Rd does not appear in our flips dataset.
Is 48-50 Chester Rd a tax-appeal candidate?
No — 48-50 Chester Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q2
$1.2M
2026 Q3
$1.16M
ZIP 02478 — Median Price History + Forecast

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