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Arlington 02476 Arlington Center
16 Spring St.
$605,000
● House - Off Market

16 Spring St.

Arlington, MA 02476
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,808 Ft²
$848,590
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to 16 Spring St. Upper Jason Heights Farmhouse Colonial with 8 rooms 4 bedrooms & 1.5 baths. 1st floor has kitchen, dining room, bedroom, and family room- currently used as an additional bed room- easily converted back to living room. 2nd floor has 3 generous sized bedrooms + completely renovated W/D area and Japanese styled soaked in tub & restroom with heated floor. A practical office is also located in the 2nd floor. Basement has a playroom and access to the garage currently used as storage. Gas stove/fireplace. Garage. Large 1/5th acre fenced in yard. Close to Menotomy Rocks Park & transportation to Alewife subway or Harvard.
Unit Size
1,808 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$359
Property Type
House
Property Taxes
$809
HOA Dues
-
Year Built
1870

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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 months ago (MLSPIN #72681832)

Price History

Date / Event Date Event Price
Sep 2, 2020 Sold
Premium
Sold
Jun 27, 2020 Listed by Keller Williams Realty Signature Properties $649,000
Listed by Keller Williams Realty Signature Properties
Jun 30, 2015 Sold
Premium
Sold
Apr 8, 2015 Listed by Keller Williams Realty Signature Properties $509,000
Listed by Keller Williams Realty Signature Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 904
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,174
  • Total Building Area: 1,808
  • Gross Building Area: 2,788
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING STREET
  • Land Acres: 0000000165
  • 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: 356704

Zoning

  • Zoning: R1

Geography

  • Account Number: 88951
  • Parcel: ARLI M:138.0 B:0008 L:0003.A
  • Block: 8
  • Lot: 3.A
  • Municipality: ARLINGTON
  • Latitude: 42.4071
  • Longitude: -71.1665

    Address

  • Full Address: 16 Spring St
  • Address - House Number: 16
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C001
  • 4-Digit Zip Code: 7925
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,000

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 953,930
  • High Value: 1,165,210
  • Low Value: 742,651

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $712,900
  • Assessed Land Value: $538,600
  • Assessed Improvements Value: $174,300

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 153157
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Amount: $504,000
  • 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 Center

Stats & Trends

Median Asking:

$1,205,000

Sale Price/ft²

$593

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2239 ft²

Average Home Age

92.2 years

Currently For Sale

23 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

Unit for rent at 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72681832

Frequently Asked Questions

When was property at 16 Spring Street built and last sold?
The property at 16 Spring Street was built in 1870 and last sold on Aug 4, 2020 for $605,000.
How much is this home worth?
The estimated value of the home located at 16 Spring Street is $666,949.
What are some comparable homes to 16 Spring Street?
There are currently no comparable homes to 16 Spring Street.
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