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Arlington 02476 Brattle
15 Walnut Ter
$1,221,800
● House - Off Market

15 Walnut Ter

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,472 Ft²
$1,164,701
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

Lovely 3 bed 2 1/2 bath home in the coveted Brackett School District. Close to the Middle & High School and Skyline Park. Quiet neighborhood with a large 11,000 sg ft lot. The first floor consists of a front to back fireplaced living room with an office off the LR, a formal dining room,  a half bath and an updated  kitchen with a separate eating area and pantry . The second floor has a front to back Master bedroom with a 3/4 bath, 2 more bedrooms and a full bath. The walkout basement is partially finished with brand new wall to wall and a fireplace. Hardwood floors throughout that have just been refinished and the house has been freshly painted. Fireplace in the basement has not been used in 20 years. OH Fri March 26th 4-6.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$404
Property Type
House
Property Taxes
$908
HOA Dues
-
Year Built
1936

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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: 5 years ago (MLSPIN #72803871)

Price History

Date / Event Date Event Price
May 7, 2021 Sold
Premium
Sold
Mar 25, 2021 Listed by Compass $999,900
Listed by Compass
Jun 4, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 832
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,156
  • Total Building Area: 2,472
  • Gross Building Area: 3,234
  • Building Area: 2,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,472
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • 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: 356601

Zoning

  • Zoning: R1

Geography

  • Account Number: 90555
  • Parcel: ARLI M:141.0 B:0002 L:0015
  • Block: 2
  • Lot: 15
  • Municipality: ARLINGTON
  • Latitude: 42.4183
  • Longitude: -71.1717

    Address

  • Full Address: 15 Walnut Ter
  • Address - House Number: 15
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Arlington
  • Carrier Code: C053
  • 4-Digit Zip Code: 6118
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,245,300

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,419,023
  • High Value: 1,669,982
  • Low Value: 1,168,064

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,175,900
  • Assessed Land Value: $664,100
  • Assessed Improvements Value: $511,800

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104240
  • Previous Sale Recording Date: Jun 04, 1993
  • Previous Sale Amount: $259,600
  • 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 Brattle

Stats & Trends

Median Asking:

$1,011,500

Sale Price/ft²

$645

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2289 ft²

Average Home Age

53.8 years

Currently For Sale

13 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: 5 years ago
Data Source: MLS PIN, MLS# 72803871

Frequently Asked Questions

When was property at 15 Walnut Terrace built and last sold?
The property at 15 Walnut Terrace was built in 1936 and last sold on May 6, 2021 for $1,221,800.
How much is this home worth?
The estimated value of the home located at 15 Walnut Terrace is $1,045,625.
What are some comparable homes to 15 Walnut Terrace?
There are currently no comparable homes to 15 Walnut Terrace.
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