Super sunny and spacious, 6 room, 3 bedroom 2nd unit just off
Warren St 10 minute walk to Arlington Center. Converted in 1991,
this owner has spent the last 28 years here in this leafy nice
neighborhood. High ceilings, oak floors, french doors, full dining
room with hutch and eat in kitchen.Delightful front and
rear porches ( rear overlooks nicely landscaped common yard),
southwest exposure, one car GARAGE, Huge unfinished walk up attic
with the right to build more livable space with the Town of
Arlington's permission. Seller says in the past 10 years the front
and back porches, were replaced painted the two sunny sides of the
house were repainted, and the water and sewer line from the street
were replaced. CONDO FEE ONLY 150/MONTH Seller prefers a
closing on 10/1/19, but may be flexible if a bit earlier.VERY
WALKABLE AND VERY BIKEABLE LOCATION .
Unit Size
1,133 Ft²
Days on Market
-
Land Size
-
Price per sqft
$476
Property Type
Condo
Property Taxes
$331
HOA Dues
$150
Year Built
-
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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.
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
129 Franklin
#129,
Arlington, MA,
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