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Arlington 02476 Brattle
248 Gray
$758,000
● House - Off Market

248 Gray

Arlington, MA 02476
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,571 Ft²
$1,664,049
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model

About This Property

HISTORIC HOME-SPAC&BRIGHT LIVING AREA. 2 FIRPL W/MARBLE HEARTHS, FRONT & BACK STAIRCASE. EUROPEAN KIT W/GRANITE COUNTERS ADJOINS A BREAKFAST ROOM. MATURE PLANTINGS CREATE A PRIVATE SPACE, POTENTIAL FOR ATTIC EXP 2 CAR GAR W/ LOFT
Unit Size
2,571 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$298
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1904

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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 #30651201)

Price History

Date / Event Date Event Price
Jan 16, 2003 Sold
Premium
Sold
Sep 26, 2002 Listed by Coldwell Banker Residential Brokerage - Arlington 325 Broadway $765,000
Listed by Coldwell Banker Residential Brokerage - Arlington 325 Broadway
Jun 10, 1998 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,366
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,675
  • Total Building Area: 2,642
  • Gross Building Area: 5,424
  • Building Area: 2,642
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000222
  • 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: 90911
  • Parcel: ARLI M:141.0 B:0005 L:0006.A
  • Block: 5
  • Lot: 6.A
  • Municipality: ARLINGTON
  • Latitude: 42.4165
  • Longitude: -71.1721

    Address

  • Full Address: 248 Gray St
  • Address - House Number: 248
  • Address - Street Name: Gray
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C065
  • 4-Digit Zip Code: 6102
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,657,400

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,686,395
  • High Value: 1,984,639
  • Low Value: 1,388,150

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,565,100
  • Assessed Land Value: $681,800
  • Assessed Improvements Value: $883,300

    Sales

  • Current Sale Recording Date: Jan 16, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 577
  • Previous Sale Recording Date: Jun 10, 1998
  • Previous Sale Amount: $399,000
  • Previous 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:

$1,004,750

Sale Price/ft²

$643

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2153 ft²

Average Home Age

62.8 years

Currently For Sale

12 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# 30651201

Frequently Asked Questions

When was property at 248 Gray Street built and last sold?
The property at 248 Gray Street was built in 1904 and last sold on Jan 1, 1970 for $745,500.
How much is this home worth?
The estimated value of the home located at 248 Gray Street is $811,735.
What are some comparable homes to 248 Gray Street?
There are currently no comparable homes to 248 Gray Street.
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