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Arlington 02474 Arlington Heights
24 Overlook Rd
$485,000
● House - Off Market

24 Overlook Rd

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,588 Ft²
$986,506
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Stratton School Colonial. Ideal family home.  Fireplaced living rm, bow window, formal dining rm, eat in kitchen, 1st floor family rm with full bath (currently used as 4th bedroom), 3 bedrooms on 2nd floor, hardwood floors, pull down stairs to attic storage, basement playrm, spac deck overlooking yard.  Enjoy summer fun with the above ground pool.  Great location nr lots of amenities... Skating rink, playground, park, Bikeway, Arlington Reservoir, shops, restaurants, buses. A good opportunity!!
Unit Size
1,588 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$314
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1929

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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 #71490918)

Price History

Date / Event Date Event Price
Apr 26, 2013 Sold
Premium
Sold
Mar 6, 2013 Listed by RE/MAX Leading Edge $499,000
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 869
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 4,635
  • Total Building Area: 1,734
  • Gross Building Area: 2,672
  • Building Area: 1,734
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,734
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 356601

Zoning

  • Zoning: R1

Geography

  • Account Number: 50018
  • Parcel: ARLI M:081.0 B:0001 L:0003
  • Block: 1
  • Lot: 3
  • Municipality: ARLINGTON
  • Latitude: 42.427
  • Longitude: -71.1724

    Address

  • Full Address: 24 Overlook Rd
  • Address - House Number: 24
  • Address - Street Name: Overlook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C024
  • 4-Digit Zip Code: 1464
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $839,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 961,120
  • High Value: 1,130,098
  • Low Value: 792,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $793,100
  • Assessed Land Value: $452,900
  • Assessed Improvements Value: $340,200

    Sales

  • Current Sale Recording Date: Apr 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000008
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:

$1,097,500

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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# 71490918

Frequently Asked Questions

When was property at 24 Overlook Road built and last sold?
The property at 24 Overlook Road was built in 1929 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 24 Overlook Road is $525,689.
What are some comparable homes to 24 Overlook Road?
There are currently no comparable homes to 24 Overlook Road.
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