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Arlington 02474 Arlington Heights
185 Forest St
$724,000
● House - Off Market

185 Forest St

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$1,283,031
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Pride of ownership abounds in this lovingly maintained Colonial tucked away on a almost 19000sq' lot. Relax on the front farmers porch or barbecue on the back deck overlooking the huge back yard while the kids play ball. The kitchen with large island anchors the living area that overlooks the family room with fireplace and dining room on the other side. A full bathroom on every floor, three nice bedrooms on second level and bonus space in the lower level as well as laundry. Thermal pane windows, updated electrical, newer gas furnace and water heater. Automatic irrigation  system for the landscaping, two storage sheds, and plenty of parking when guest come to visit. This home has been in the same family since it was built. A truly wonderful place to call home.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$370
Property Type
House
Property Taxes
$707
HOA Dues
-
Year Built
1895

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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 #71855428)

Price History

Date / Event Date Event Price
Aug 31, 2015 Sold
Premium
Sold
Jun 11, 2015 Listed by RE/MAX Leading Edge $739,000
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,709
  • Total Building Area: 2,325
  • Gross Building Area: 3,132
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000429
  • 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: 73949
  • Parcel: ARLI M:115.0 B:0002 L:0037
  • Block: 2
  • Lot: 37
  • Municipality: ARLINGTON
  • Latitude: 42.4302
  • Longitude: -71.1743

    Address

  • Full Address: 185 Forest St
  • Address - House Number: 185
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C036
  • 4-Digit Zip Code: 8903
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,308,800

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 1,295,694
  • High Value: 1,586,979
  • Low Value: 1,004,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,235,900
  • Assessed Land Value: $794,900
  • Assessed Improvements Value: $441,000

    Sales

  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148041
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

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3214 ft²

Average Home Age

53.6 years

Currently For Sale

27 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: 4 months ago
Data Source: MLS PIN, MLS# 71855428

Frequently Asked Questions

When was property at 185 Forest Street built and last sold?
The property at 185 Forest Street was built in 1895 and last sold on Jan 1, 1970 for $724,000.
How much is this home worth?
The estimated value of the home located at 185 Forest Street is $769,921.
What are some comparable homes to 185 Forest Street?
There are currently no comparable homes to 185 Forest Street.
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