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Arlington 02476 Arlington Heights
18 Lorne Rd
Photo of 18 Lorne Rd
Sold on Dec 1, 2008

1

Map

$500,000
● House - Off Market

18 Lorne Rd

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,704 Ft²
$1,061,786
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Absolutely Amazing 3 bed, 2.5 bath single family in the heart of Arlington Heights. Renovated for today's lifestyle with an open floor plan perfect for entertaining. Unmatched outdoor space with vistas enjoyed from 2 decks & enclosed porch. Bright and airy eat-in kitchen with granite counters. Built into a hill, so you enjoy  3 levels of above-ground living. Side entry with laundry, landscaped yard, and an additional family room make this the perfect home, just steps to Arlington Heights Center
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$293
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #70758080)

Price History

Date / Event Date Event Price
Dec 1, 2008 Sold
Premium
Sold
May 8, 2008 Listed $499,900
Listed
Apr 29, 2005 Sold
Premium
Sold
Mar 16, 2005 Listed $495,000
Listed
Feb 14, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 1,481
  • Gross Building Area: 2,376
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,481
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON
  • Land Acres: 0000000093
  • 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: R2

Geography

  • Account Number: 115002
  • Parcel: ARLI M:173.0 B:0003 L:0008
  • Block: 3
  • Lot: 8
  • Municipality: ARLINGTON
  • Latitude: 42.4236
  • Longitude: -71.1878

    Address

  • Full Address: 18 Lorne Rd
  • Address - House Number: 18
  • Address - Street Name: Lorne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C048
  • 4-Digit Zip Code: 5758
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 941,196
  • High Value: 1,107,649
  • Low Value: 774,742

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $723,700
  • Assessed Land Value: $417,000
  • Assessed Improvements Value: $306,700

    Sales

  • Current Sale Recording Date: Dec 01, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00190139
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Amount: $495,000
  • 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 Arlington Heights

Stats & Trends

Median Asking:

$1,095,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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# 70758080

Frequently Asked Questions

When was property at 18 Lorne Road built and last sold?
The property at 18 Lorne Road was built in 1930 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 18 Lorne Road is $532,950.
What are some comparable homes to 18 Lorne Road?
There are currently no comparable homes to 18 Lorne Road.
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