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124 Payson Rd

Belmont, MA 02478

3 bd 2 ba 1,886 sqft Built 1920 Lot 8,276 sqft condos
Most recent sale
$1,052,140
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $1,052,140 MLS #72948972
Mar 4, 2022 Listed $999,000 MLS #72948972

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,003,000 $1,003,000 $11,424
2024 $976,000 $976,000 $10,307

Property facts

Year built
1920
Property type
condos
Stories
2
Beds
3
Baths
2
Living area
1,886 sqft
Lot size
8,276 sqft
ZIP code
02478
City
Belmont
Street
Payson Rd
Coordinates
42.38441, -71.16960

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,469
Gross rental yield
6.24%
Implied cap rate
4.05%
Trend-extrapolated value

Frequently asked questions

When did 124 Payson Rd last sell?
124 Payson Rd most recently sold on May 10, 2022 for $1,052,140.
What is the current tax assessment for 124 Payson Rd?
The most recent total assessment for 124 Payson Rd (year 2025) is $1,003,000 with $11,424 in property tax.
How does 124 Payson Rd's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $1,052,140.
When was 124 Payson Rd built?
124 Payson Rd was built in 1920.
How does 124 Payson Rd compare to others on Payson Rd?
We track 8 other properties on Payson Rd. Browse the list under "Other properties on Payson Rd" to compare beds, baths, and sale history.
What are the property facts for 124 Payson Rd?
124 Payson Rd is a 3 bed, 2 bath, 1,886 sqft, 8,276 sqft lot condos.
Is 124 Payson Rd a flip candidate?
No — 124 Payson Rd does not appear in our flips dataset.
Is 124 Payson Rd a tax-appeal candidate?
No — 124 Payson 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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