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Arlington 02476 Arlington Heights
15 Inverness Rd
$632,000
● House - Off Market

15 Inverness Rd

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,184 Ft²
$921,104
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

A Beautiful sunny Colonial situated on a level corner lot in the desirable Arlington Heights. This charming and well-maintained home features hardwood floors, California Closets, an updated kitchen, and a newer heating system. Extras include idyllic front porch, back deck to a newly installed patio, one-car garage, and all vinyl windows (including basement and attic). Very friendly and supportive neighborhood. All in a quiet dead-end street, yet a short walk to public transportation, Trader Joe's, and Minuteman bike path, as well as many vibrant shops and restaurants!    Showing Starts Friday at 1:00 .
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$497
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1927

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72235641)

Price History

Date / Event Date Event Price
Nov 28, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Coldwell Banker Residential Brokerage - Natick $589,000
Listed by Coldwell Banker Residential Brokerage - Natick
Nov 1, 2012 Sold
Premium
Sold
Sep 6, 2012 Listed by Coldwell Banker Residential Brokerage - Natick $445,000
Listed by Coldwell Banker Residential Brokerage - Natick
Dec 30, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 612
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,415
  • Total Building Area: 1,184
  • Gross Building Area: 2,554
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • 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: 114101
  • Parcel: ARLI M:172.0 B:0005 L:0007
  • Block: 5
  • Lot: 7
  • Municipality: ARLINGTON
  • Latitude: 42.4227
  • Longitude: -71.1888

    Address

  • Full Address: 15 Inverness Rd
  • Address - House Number: 15
  • Address - Street Name: Inverness
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C028
  • 4-Digit Zip Code: 5707
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $825,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 917,773
  • High Value: 1,079,923
  • Low Value: 755,622

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $779,000
  • Assessed Land Value: $402,200
  • Assessed Improvements Value: $376,800

    Sales

  • Current Sale Recording Date: Nov 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 192639
  • Previous Sale Recording Date: Nov 01, 2012
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3213 ft²

Average Home Age

53.6 years

Currently For Sale

27 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72235641

Frequently Asked Questions

When was property at 15 Inverness Road built and last sold?
The property at 15 Inverness Road was built in 1927 and last sold on Jan 1, 1970 for $632,000.
How much is this home worth?
The estimated value of the home located at 15 Inverness Road is $598,658.
What are some comparable homes to 15 Inverness Road?
There are currently no comparable homes to 15 Inverness Road.
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