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Arlington 02476 Arlington Heights
25 Lancaster Rd
$1,110,000
● House - Off Market

25 Lancaster Rd

Arlington, MA 02476
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,363 Ft²
$1,637,665
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

New Construction!  This Modern farmhouse in the city with clean simple lines has it all! 5 minute walk to everything Arlington Heights has to offer! Trader Joes, Starbuck, Walgreens, bike path, etc. 9' Ceilings make the Open Living room, dining and kitchen enjoyable for easy living. Large windows invite lots of light and sunshine. Cooks kitchen with huge island, stainless appliances and fully vented stove. Pantry and direct access to the deck for summer bbq.  First floor bedroom/office.  Second floor with Master Suite- walk in Closet, bath and linen closet. 2 extra bedrooms with Jack and Jill bath and separate Laundry. Huge mudroom with direct access to the deep garage.  Professionally Landscaped yard with sprinkler sys and room for kids and pets.  Move in and enjoy the summer!
Unit Size
2,363 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$486
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1880

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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 #72501826)

Price History

Date / Event Date Event Price
Jul 1, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Old New England Properties $1,149,000
Listed by Old New England Properties
Jun 29, 2018 Sold
Premium
Sold
May 8, 2018 Listed by Old New England Properties $489,000
Listed by Old New England Properties

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,042
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,622
  • Total Building Area: 2,345
  • Gross Building Area: 4,522
  • Building Area: 2,345
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,345
  • 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: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 115958
  • Parcel: ARLI M:174.0 B:0003 L:0009
  • Block: 3
  • Lot: 9
  • Municipality: ARLINGTON
  • Latitude: 42.4245
  • Longitude: -71.1918

    Address

  • Full Address: 25 Lancaster Rd
  • Address - House Number: 25
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C048
  • 4-Digit Zip Code: 5637
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,177,900

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 1,520,054
  • High Value: 1,862,346
  • Low Value: 1,177,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,112,300
  • Assessed Land Value: $430,100
  • Assessed Improvements Value: $682,200

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93340
  • Previous Sale Recording Date: Jun 29, 2018
  • Previous Sale Amount: $480,000
  • 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:

$1,097,500

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# 72501826

Frequently Asked Questions

When was property at 25 Lancaster Road built and last sold?
The property at 25 Lancaster Road was built in 1880 and last sold on Jul 1, 2019 for $1,110,000.
How much is this home worth?
The estimated value of the home located at 25 Lancaster Road is $1,160,498.
What are some comparable homes to 25 Lancaster Road?
There are currently no comparable homes to 25 Lancaster Road.
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