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Arlington 02474 Arlington Heights
11 Lantern Lane
$1,134,375
● House - Off Market

11 Lantern Lane

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,028 Ft²
$1,972,212
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Make this your quiet and serene  home, the first house off of Hutchinson Road  by the Winchester Golf course. Well appointed finishes and neutral color palette complete the picture. The ceilings on the 1st floor are just over 9' with two story foyer.  Entertain all your family and friends in the banquet size dining room. The large kitchen with a breakfast area spills out into the spacious family room with a fireplace this makes today's living so convenient. Large glass doors open out into a private backyard from the family room. Newer master bathroom with separate soaking tub and shower have a spa like feel. This home is ready for its next owner to move right in and enjoy.
Unit Size
3,028 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$380
Property Type
House
Property Taxes
$947
HOA Dues
-
Year Built
1997

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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 #71950043)

Price History

Date / Event Date Event Price
Mar 31, 2016 Sold
Premium
Sold
Jan 18, 2016 Listed by Century 21 Commonwealth $1,150,000
Listed by Century 21 Commonwealth
Nov 30, 2011 Sold
Premium
Sold
Sep 29, 2011 Listed by Century 21 Commonwealth $829,000
Listed by Century 21 Commonwealth
May 29, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,514
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,004
  • Total Building Area: 3,028
  • Gross Building Area: 4,542
  • Building Area: 3,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 20829E
  • Land Acres: 0000000207
  • 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: 356400

Zoning

  • Zoning: R0

Geography

  • Account Number: 68081
  • Parcel: ARLI M:106.0 B:0005 L:0002
  • Block: 5
  • Lot: 2
  • Municipality: ARLINGTON
  • Latitude: 42.4359
  • Longitude: -71.1659

    Address

  • Full Address: 11 Lantern Ln
  • Address - House Number: 11
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Arlington
  • Carrier Code: C032
  • 4-Digit Zip Code: 1805
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,578,400

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,666,982
  • High Value: 1,961,537
  • Low Value: 1,372,428

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,490,500
  • Assessed Land Value: $593,500
  • Assessed Improvements Value: $897,000

    Sales

  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1726044
  • Previous Sale Recording Date: Nov 30, 2011
  • Previous Sale Amount: $829,000
  • 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:

$1,095,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71950043

Frequently Asked Questions

When was property at 11 Lantern Lane built and last sold?
The property at 11 Lantern Lane was built in 1997 and last sold on Jan 1, 1970 for $1,134,375.
How much is this home worth?
The estimated value of the home located at 11 Lantern Lane is $1,172,929.
What are some comparable homes to 11 Lantern Lane?
There are currently no comparable homes to 11 Lantern Lane.
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