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Arlington 02476 Arlington Heights
23 Wilbur Ave
$740,000
● House - Off Market

23 Wilbur Ave

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$772,893
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Wonderful opportunity to bring your ideas to this single family cape in a fabulous neighborhood!  First floor features spacious living room with a wood fireplace, formal dining room opens to eat in kitchen.  A full bath and 1st floor bedroom!  Good closets on 1st floor as well!  Second floor has two bedrooms and another full bath - hardwood in both bedrooms!  Sunroom off the kitchen and a fenced in yard!  Great for commuters -- bus route at end of the street, along with Rt 2 only a minute away!  Being sold in "AS IS' condition. Open House on Sunday, April 25, 2021 from 12 to 1:30!  Offer deadline is Monday at 11 am.  Sellers reserve the right to accept an offer prior to deadline.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$506
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1959

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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 years ago (MLSPIN #72819589)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $679,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,930
  • Total Building Area: 1,344
  • Gross Building Area: 2,556
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • 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: R1

Geography

  • Account Number: 114441
  • Parcel: ARLI M:172.0 B:0008 L:0009.A
  • Block: 8
  • Lot: 9.A
  • Municipality: ARLINGTON
  • Latitude: 42.4209
  • Longitude: -71.1895

    Address

  • Full Address: 23 Wilbur Ave
  • Address - House Number: 23
  • Address - Street Name: Wilbur
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C028
  • 4-Digit Zip Code: 7127
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $800,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 893,482
  • High Value: 1,050,127
  • Low Value: 736,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $755,900
  • Assessed Land Value: $483,500
  • Assessed Improvements Value: $272,400

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1888964
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:

$1,085,000

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3413 ft²

Average Home Age

51.8 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72819589

Frequently Asked Questions

When was property at 23 Wilbur Avenue built and last sold?
The property at 23 Wilbur Avenue was built in 1959 and last sold on Jul 29, 2021 for $740,000.
How much is this home worth?
The estimated value of the home located at 23 Wilbur Avenue is $698,314.
What are some comparable homes to 23 Wilbur Avenue?
There are currently no comparable homes to 23 Wilbur Avenue.
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