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Arlington 02474 Arlington Heights
157 Park Avenue Ext
$515,000
● House - Off Market

157 Park Avenue Ext

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,420 Ft²
$878,874
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Wonderful Colonial in great location!!! First floor has a nice size living room, fireplace, plus bonus front room! Nice size dining room off kitchen.Front Foyer with closet. Hardwood floors under all carpets and are in very good condition!  1 car garage under plus additional off street parking. Fenced in backyard. GREAT LOCATION!!! Walk to Peirce School and nearby shopping in the Heights.Location offers easy access to schools, public transportation, parks, Rec Center, the beach at the Reservoir, and minuteman Trail Bike Path!! Roof installed in 2010. Replacement windows. Remove carpets and you will have nice hardwood floors throughout!  See this home today!!
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$352
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1931

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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 #71925896)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
Jun 18, 2021 Listed by Ivy Gate Realty $745,000
Listed by Ivy Gate Realty
Dec 22, 2015 Sold
Premium
Sold
Oct 30, 2015 Listed by Ivy Gate Realty $499,900
Listed by Ivy Gate Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,454
  • Total Building Area: 1,420
  • Gross Building Area: 2,114
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000079
  • 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: 71834
  • Parcel: ARLI M:113.0 B:0002 L:0005
  • Block: 2
  • Lot: 5
  • Municipality: ARLINGTON
  • Latitude: 42.4309
  • Longitude: -71.1762

    Address

  • Full Address: 157 Park Avenue Ext
  • Address - House Number: 157
  • Address - Street Name: Park Avenue
  • Address - Suffix Type: Ext
  • State: MA
  • City Name: Arlington
  • Carrier Code: C044
  • 4-Digit Zip Code: 8918
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $803,400

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 893,948
  • High Value: 1,051,115
  • Low Value: 736,780

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $758,600
  • Assessed Land Value: $403,200
  • Assessed Improvements Value: $355,400

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170418
  • Previous Sale Recording Date: Dec 22, 2015
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: O
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:

$1,097,500

Sale Price/ft²

$568

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3374 ft²

Average Home Age

50.8 years

Currently For Sale

24 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# 71925896

Frequently Asked Questions

When was property at 157 Park Avenue Extension built and last sold?
The property at 157 Park Avenue Extension was built in 1931 and last sold on Jul 29, 2021 for $788,000.
How much is this home worth?
The estimated value of the home located at 157 Park Avenue Extension is $0.
What are some comparable homes to 157 Park Avenue Extension?
There are currently no comparable homes to 157 Park Avenue Extension.
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