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43-45 Gilbert Rd

Belmont, MA 02478

5 bd 2 ba 2,935 sqft Built 1925 Lot 4,934 sqft multi_family
Most recent sale
$1,205,000
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2021 Sold $1,205,000 MLS #72894880
Sep 15, 2021 Listed $1,270,000 MLS #72894880
Oct 15, 2015 Sold $880,000 MLS #71910265
Sep 25, 2015 Listed $899,000 MLS #71910265
Aug 29, 2013 Sold $687,700 MLS #71473100
Jan 17, 2013 Listed $649,000 MLS #71473100
May 20, 1994 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $575,000 $772,000 $1,347,000 $15,342
2024 $451,000 $779,000 $1,230,000 $12,989
2023 $406,000 $778,000 $1,184,000 $13,308
2022 $445,000 $712,000 $1,157,000 $13,375
2021 $187,000 $822,000 $1,009,000 $11,644
2020 $390,000 $694,000 $1,084,000 $11,924
2019 $479,000 $481,000 $960,000 $11,203
2018 $479,000 $369,000 $848,000 $10,303
2016 $447,000 $338,000 $785,000 $9,860
2015 $323,000 $309,000 $632,000 $8,153
2014 $264,000 $265,000 $529,000 $7,142
2006 $338,000 $259,000 $597,000 $6,215
2005 $340,000 $240,000 $580,000 $6,200
2004 $323,000 $234,000 $557,000 $5,965
2003 $293,000 $208,000 $501,000 $5,401

Property facts

Year built
1925
Property type
multi_family
Stories
3
Beds
5
Baths
2
Living area
2,935 sqft
Lot size
4,934 sqft
ZIP code
02478
City
Belmont
Street
Gilbert Rd
Coordinates
42.38365, -71.17897

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,512
Gross rental yield
8.48%
Implied cap rate
5.51%
Trend-extrapolated value

Frequently asked questions

When did 43-45 Gilbert Rd last sell?
43-45 Gilbert Rd most recently sold on Nov 30, 2021 for $1,205,000.
What is the current tax assessment for 43-45 Gilbert Rd?
The most recent total assessment for 43-45 Gilbert Rd (year 2025) is $1,347,000 with $15,342 in property tax.
How does 43-45 Gilbert Rd's assessment compare to its last sale price?
The current assessment is 11.8% above the last sale price of $1,205,000.
When was 43-45 Gilbert Rd built?
43-45 Gilbert Rd was built in 1925.
How does 43-45 Gilbert Rd compare to others on Gilbert Rd?
We track 8 other properties on Gilbert Rd. Browse the list under "Other properties on Gilbert Rd" to compare beds, baths, and sale history.
What are the property facts for 43-45 Gilbert Rd?
43-45 Gilbert Rd is a 5 bed, 2 bath, 2,935 sqft, 4,934 sqft lot multi_family.
Is 43-45 Gilbert Rd a flip candidate?
No — 43-45 Gilbert Rd does not appear in our flips dataset.
Is 43-45 Gilbert Rd a tax-appeal candidate?
No — 43-45 Gilbert 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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