$398,000
●
Condo -
Off Market
231 Gray St #2
Arlington, MA 02476
4 Beds
1 Bath
1,365 Ft²
$821,522
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model
About This Property
Centrally located to Brackett School, Robbins Farm, Menotomy Rocks
Park and Massachusetts Avenue this sunny and spacious 7+ room
condo includes 4 bedrooms, ceramic tile bathroom, dining room
w/built in cabinet, large living room, kitchen with updated
appliances and pantry, study alcove, hardwood floors, newer
windows, new roof, two decks for entertaining and large attic with
expansion potential. There is garage parking for one car and
additional parking for up to three vehicles. Move right in!
Unit Size
1,365 Ft²
Days on Market
-
Land Size
-
Price per sqft
$297
Property Type
Condo
Property Taxes
$375
HOA Dues
$250
Year Built
1915
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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 #71037572)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2010 | Sold | ||
| Sold | |||
| Feb 25, 2010 | Listed by RE/MAX Leading Edge | $405,000 | |
| Listed by RE/MAX Leading Edge | |||
Property Highlights
Garage
Parking Available
Interior Details
Level: Second
Width: 10
Length: 13
Features: Pantry, Flooring - Wood
Area: 130
Level: Second
Features: Flooring - Wood
Width: 10
Length: 11
Area: 110
Area: 110
Length: 11
Level: Third
Features: Flooring - Wood
Width: 10
Width: 12
Features: Closet/Cabinets - Custom Built, Flooring - Wood
Length: 14
Level: Second
Area: 168
Features: Flooring - Wood
Width: 9
Length: 9
Area: 81
Level: Second
Length: 18
Level: Second
Area: 270
Features: Flooring - Wood
Width: 15
Features: Flooring - Wood
Level: Second
Length: 14
Width: 13
Area: 182
Level: Second
Features: Balcony / Deck, Flooring - Wood
Features: No
Full Bathrooms: 1
Interior Features: Office
Appliances: Range, Dishwasher, Disposal, Utility Connections for Gas Range
Flooring Type: Flooring - Wood
Rooms: 7
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street, Tandem
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 229-231 Gray Street Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Porch, Deck
Lead Paint: Certified Treated, Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: M:141.A B:0003 L:0008, 4116492
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $377,900
Tax Annual Amount: $4,505
Utilities Details
Utilities: for Gas Range
Cooling Type: None
Heating Type: Steam, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $250
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path
Pets Allowed: Yes w/ Restrictions
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2022
|
5 Bed
|
2 Bath
|
2195 ft²
|
$899,000
5 Bed
2 Bath
2195 ft²
|
$1,015,000
+12.90%
06/28/2022
|
Kristin Santagati
Coldwell Banker Realty - Belmont
| |
|
02/25/2010
|
4 Bed
|
1 Bath
|
1365 ft²
|
$405,000
4 Bed
1 Bath
1365 ft²
|
$398,000
-1.73%
05/14/2010
|
Peggy Fichera
RE/MAX Leading Edge
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017