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Arlington 02474 Brattle
162 Mountain Ave
$1,515,000
● House - Off Market

162 Mountain Ave

Arlington, MA 02474
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,189 Ft²
$2,185,980
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Under Construction! 4189 sf of easy living space. Move in and enjoy all Arlington has to offer. With 5 bedrooms and 4 baths there is room for everyone. Open floor plan with fireplace LR, dining room and eat in Classic Kitchen with an inviting island and cabinets galore.  Stainless appliance and all the bells and whistles.  First floor office/guest bedroom with adjoining bath. 2nd floor with gracious Master suite, walk in closet and spa bathroom with double vanity and spacious shower.  3 additional bedrooms, bath, and laundry finish out the second floor. 3rd floor with large playroom and 5th bedroom.  Lower level with Mud room and additional storage. Flat yard with deck!  Steps to the Stratton School.
Unit Size
4,189 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$366
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

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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 #72563080)

Price History

Date / Event Date Event Price
Oct 11, 2019 Sold
Premium
Sold
Sep 11, 2019 Listed by Old New England Properties $1,535,000
Listed by Old New England Properties
Sep 24, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,300
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,902
  • Total Building Area: 4,115
  • Gross Building Area: 6,128
  • Building Area: 4,115
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 4,115
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 356400

Zoning

  • Zoning: R1

Geography

  • Account Number: 65903
  • Parcel: ARLI M:102.0 B:0003 L:0007
  • Block: 3
  • Lot: 7
  • Municipality: ARLINGTON
  • Latitude: 42.4285
  • Longitude: -71.166

    Address

  • Full Address: 162 Mountain Ave
  • Address - House Number: 162
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C032
  • 4-Digit Zip Code: 2021
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,828,400

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 2,049,059
  • High Value: 2,411,126
  • Low Value: 1,686,992

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,726,500
  • Assessed Land Value: $532,200
  • Assessed Improvements Value: $1,194,300

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 157026
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Amount: $675,000
  • 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:

$1,018,250

Sale Price/ft²

$647

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2565 ft²

Average Home Age

54.1 years

Currently For Sale

15 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72563080

Frequently Asked Questions

When was property at 162 Mountain Avenue built and last sold?
The property at 162 Mountain Avenue was built in 1956 and last sold on Oct 9, 2019 for $1,515,000.
How much is this home worth?
The estimated value of the home located at 162 Mountain Avenue is $1,548,734.
What are some comparable homes to 162 Mountain Avenue?
There are currently no comparable homes to 162 Mountain Avenue.
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