2 Arnold Circle #1
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2020 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Sold | ||
| Sold | |||
| Feb 21, 2018 | Listed by Gibson Sotheby's International Realty | $498,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
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Fabulous one-bedroom condo with oak floors and high ceilings and not a wasted inch! This well-designed space includes a home office alcove with a built-in desk, a dining area with built-in seating, an ultra-efficient fully-applianced cook’s kitchen, a completely renovated tile bathroom, and a good-sized bedroom with an exposed brick wall. Private storage room with handy shelves, and coin-op laundry in the basement. Professionally managed building with strong owner-occupancy (83%). Close to Central Square and Harvard Square, red line MBTA stops, fun shops, great entertainment, plentiful restaurants, and grocery stores. Urban living at its best - you simply have to see this one! See attached brochure and floor plan for more detail. Offers, if any, are due on Tuesday, February 27th at noon.
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| Nov 21, 2008 | Sold | ||
| Sold | |||
| Apr 10, 2008 | Listed by Compass | $269,000 | |
| Listed by Compass | |||
| | |||
|
Delightfully unique 1 bedroom condo in great location. Short walk to Central Square T and all of the shops and restaurants on Massachusetts avenue. Large bedroom with exposed brick wall. Gleaming hardwood floors. Charming built-in dining nook. Living room with alcove. Basement laundry and storage. Perfect for first time buyers.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2018
|
1 Bed
|
1 Bath
|
545 ft²
|
$498,000
1 Bed
1 Bath
545 ft²
|
$520,000
+4.42%
09/05/2018
|
Barbara Smith
Conway - Hingham
| |
|
02/21/2018
|
1 Bed
|
1 Bath
|
520 ft²
|
$498,000
1 Bed
1 Bath
520 ft²
|
$545,000
+9.44%
04/18/2018
|
Lisa Drapkin
Gibson Sotheby's International Realty
| |
|
04/10/2008
|
1 Bed
|
1 Bath
|
520 ft²
|
$269,000
1 Bed
1 Bath
520 ft²
|
$235,000
-12.64%
11/21/2008
|
Lisa Drapkin
Compass
| |
|
01/17/2003
|
1 Bed
|
1 Bath
|
570 ft²
|
$250,000
1 Bed
1 Bath
570 ft²
|
$245,000
-2.00%
04/03/2003
|
Elizabeth Browning
ERA Key Realty Services- Auburn
| |
|
08/08/2002
|
1 Bed
|
1 Bath
|
520 ft²
|
$244,900
1 Bed
1 Bath
520 ft²
|
$240,000
-2.00%
11/01/2002
|
Patty Michaels
Patty Michaels Real Estate
| |
|
08/06/2002
|
1 Bed
|
1 Bath
|
570 ft²
|
$249,900
1 Bed
1 Bath
570 ft²
|
$246,350
-1.42%
03/21/2003
|
John Zhang
Era The Norton Group
| |
|
03/01/2001
|
1 Bed
|
1 Bath
|
520 ft²
|
$183,500
1 Bed
1 Bath
520 ft²
|
$181,500
-1.09%
06/18/2001
|
Robin Miller
RE/MAX Destiny
| |
|
09/04/1999
|
1 Bed
|
1 Bath
|
570 ft²
|
$159,000
1 Bed
1 Bath
570 ft²
|
$150,000
-5.66%
02/15/2000
|
Elizabeth Browning
ERA Key Realty Services- Auburn
| |
|
04/22/1998
|
1 Bed
|
1 Bath
|
570 ft²
|
$129,000
1 Bed
1 Bath
570 ft²
|
$128,000
-0.78%
08/04/1998
|
Carole Talley
Charlesbank Real Estate
|
Building Info
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