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Arlington 02474 Arlington Heights
24 Cypress Rd
$1,250,000
● House - Off Market

24 Cypress Rd

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,220 Ft²
$1,721,439
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

~New to Market~ Built in 2014, this finely-crafted home features many upgrades and amenities commonly found on significantly more expensive homes. You'll love the custom kitchen with upgraded cabinets and high-end appliances, heated two-car attached garage and master bedroom suite with luxurious master bath, custom closet system, sitting area and a separate nook perfect as a home office. A large deck overlooks the fenced-in, professionally-landscaped yard with irrigation. Whole-house generator, alarm system, located on a quiet side street just steps from the Peirce Elementary School and McClennen Park.  Open Houses Sat/Sun May 20th & 21st  1:00pm - 2:30pm.  Seller to review offers noon on Tuesday May 23rd
Unit Size
3,220 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$341
Property Type
House
Property Taxes
$936
HOA Dues
-
Year Built
2014

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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 #72166609)

Price History

Date / Event Date Event Price
Jun 29, 2017 Sold
Premium
Sold
May 17, 2017 Listed by RE/MAX Leading Edge $1,099,000
Listed by RE/MAX Leading Edge
Nov 14, 2014 Sold
Premium
Sold
Aug 31, 2014 Listed by RE/MAX Leading Edge $975,000
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,000
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,046
  • Total Building Area: 2,972
  • Gross Building Area: 4,354
  • Building Area: 2,972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 71601
  • Parcel: ARLI M:113.0 B:0001 L:0006
  • Block: 1
  • Lot: 6
  • Municipality: ARLINGTON
  • Latitude: 42.4315
  • Longitude: -71.1774

    Address

  • Full Address: 24 Cypress Rd
  • Address - House Number: 24
  • Address - Street Name: Cypress
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C044
  • 4-Digit Zip Code: 2408
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,587,000

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,702,527
  • High Value: 2,003,363
  • Low Value: 1,401,692

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,498,600
  • Assessed Land Value: $509,300
  • Assessed Improvements Value: $989,300

    Sales

  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100704
  • Previous Sale Recording Date: Nov 14, 2014
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72166609

Frequently Asked Questions

When was property at 24 Cypress Road built and last sold?
The property at 24 Cypress Road was built in 2014 and last sold on Jan 1, 1970 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 24 Cypress Road is $1,150,493.
What are some comparable homes to 24 Cypress Road?
There are currently no comparable homes to 24 Cypress Road.
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