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Arlington 02474 Brattle
240 Ridge St
Photo of 240 Ridge St
Sold on Aug 11, 2025

2

Map

Photo of 240 Ridge St
$2,250,000
● House - Off Market

240 Ridge St

Arlington, MA 02474
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,822 Ft²
$12,064
Est. Monthly
2.67%
Cap Rate

About This Property

Looking for a New Home? Look no further! The finishing touches are being made on this Brand New Home with time tested floor plan. Packed with high end finishes this home has a timeless white cabinet kitchen complete with island and SS appliances, which is open to the 1st floor family room with sliders to the rear deck, formal living room and dining room, main suite with a with well appointed bathroom on 2nd floor and a bonus Junior Suite on 3rd floor, finished LL family room and a 2 car garage. Located minutes away from Stratton Elementary School, shopping and much more. (Additional photos to be added)
Unit Size
4,822 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$476
Property Type
House
Property Taxes
$795
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: 2 years ago (MLSPIN #73404471)

Price History

Date / Event Date Event Price
Aug 11, 2025 Sold
Premium
Sold
Jul 18, 2025 In contract -
In contract
Jul 15, 2025 Listed $2,295,000
Listed
May 2, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
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: 7,880
  • Total Building Area: 1,920
  • Gross Building Area: 2,395
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 356400

Zoning

  • Zoning: R1

Geography

  • Account Number: 64281
  • Parcel: ARLI M:099.0 B:0001 L:0005.H
  • Block: 1
  • Lot: 5.H
  • Municipality: ARLINGTON
  • Latitude: 42.4287
  • Longitude: -71.1619

    Address

  • Full Address: 240 Ridge St
  • Address - House Number: 240
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C051
  • 4-Digit Zip Code: 1739
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $907,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,030,795
  • High Value: 1,198,397
  • Low Value: 863,192

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $857,100
  • Assessed Land Value: $564,500
  • Assessed Improvements Value: $292,600

    Sales

  • Current Sale Recording Date: May 02, 1988
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Brattle

Stats & Trends

Median Asking:

$996,500

Sale Price/ft²

$646

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2518 ft²

Average Home Age

58.7 years

Currently For Sale

13 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73404471

Frequently Asked Questions

When was property at 240 Ridge Street built and last sold?
The property at 240 Ridge Street was built in 1959 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 240 Ridge Street is $0.
What are some comparable homes to 240 Ridge Street?
There are currently no comparable homes to 240 Ridge Street.
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