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Arlington 02476 Arlington Heights
11 Ely Road
$631,900
● House - Off Market

11 Ely Road

Arlington, MA 02476
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,940 Ft²
$1,405,135
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Spacious Colonial with room to grow! Located just off the beaten path, this home has been well maintained and updated. High ceilings, an open layout, mudroom and entryway and finished third floor are attributes you'll appreciate. Lovely back yard with mature trees and lots of privacy! Updated roof, electric, heating and mostly new windows. Near transportation for commuters.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$335
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71300494)

Price History

Date / Event Date Event Price
Dec 20, 2011 Sold
Premium
Sold
Oct 14, 2011 Listed by Century 21 Adams KC $649,000
Listed by Century 21 Adams KC
Apr 24, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 798
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,818
  • Gross Building Area: 3,276
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PECK & WILBUR
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Arlington School District
  • School Tax School District: ARLINGTON PS
  • Census Tract: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 114717
  • Parcel: ARLI M:172.0 B:0012 L:0009
  • Block: 12
  • Lot: 9
  • Municipality: ARLINGTON
  • Latitude: 42.4205
  • Longitude: -71.1889

    Address

  • Full Address: 11 Ely Rd
  • Address - House Number: 11
  • Address - Street Name: Ely
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C059
  • 4-Digit Zip Code: 7121
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $917,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,046,946
  • High Value: 1,217,175
  • Low Value: 876,718

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $865,900
  • Assessed Land Value: $462,000
  • Assessed Improvements Value: $403,900

    Sales

  • Current Sale Recording Date: Dec 20, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000023
  • Previous Sale Recording Date: Apr 24, 1987
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Arlington Heights

Stats & Trends

Median Asking:

$1,085,000

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3129 ft²

Average Home Age

55 years

Currently For Sale

25 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71300494

Frequently Asked Questions

When was property at 11 Ely Road built and last sold?
The property at 11 Ely Road was built in 1940 and last sold on Jan 1, 1970 for $631,900.
How much is this home worth?
The estimated value of the home located at 11 Ely Road is $655,269.
What are some comparable homes to 11 Ely Road?
There are currently no comparable homes to 11 Ely Road.
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