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Arlington 02476 Arlington Heights
256 Wachusett
$560,000
● House - Off Market

256 Wachusett

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,312 Ft²
$1,120,057
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Aged to Perfection!  Heights 1928 Colonial rich in period detail and numerous updates.  Fireplace livingroom, flooded with  natural light, cherry/granite kitchen opens to spacious dining area, 3 levels of living space perfect for family or home office space, MBR with private dressing area,  great closet space,  new stone patio, private yard and garage. Absolutely nothing to do but move right in and enjoy entertaining family and friends. OH SUN 1-3
Unit Size
2,312 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$238
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1928

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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: 5 months ago (MLSPIN #71355527)

Price History

Date / Event Date Event Price
Jun 15, 2012 Sold
Premium
Sold
Mar 22, 2012 Listed by RE/MAX Leading Edge $549,900
Listed by RE/MAX Leading Edge
Jul 28, 2006 Sold
Premium
Sold
Apr 21, 2006 Listed by RE/MAX Leading Edge $499,900
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 717
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,576
  • Total Building Area: 1,693
  • Gross Building Area: 2,733
  • Building Area: 1,693
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,693
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • 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: 356602

Zoning

  • Zoning: R1

Geography

  • Account Number: 103685
  • Parcel: ARLI M:156.0 B:0002 L:0013
  • Block: 2
  • Lot: 13
  • Municipality: ARLINGTON
  • Latitude: 42.4143
  • Longitude: -71.1822

    Address

  • Full Address: 256 Wachusett Ave
  • Address - House Number: 256
  • Address - Street Name: Wachusett
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C063
  • 4-Digit Zip Code: 7351
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $947,100

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,062,291
  • High Value: 1,249,217
  • Low Value: 875,364

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $894,300
  • Assessed Land Value: $432,300
  • Assessed Improvements Value: $462,000

    Sales

  • Current Sale Recording Date: Jun 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Jul 28, 2006
  • Previous Sale Amount: $507,000
  • 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 Arlington Heights

Stats & Trends

Median Asking:

$1,097,500

Sale Price/ft²

$565

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3372 ft²

Average Home Age

43.7 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71355527

Frequently Asked Questions

When was property at 256 Wachusett Avenue built and last sold?
The property at 256 Wachusett Avenue was built in 1928 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 256 Wachusett Avenue is $595,427.
What are some comparable homes to 256 Wachusett Avenue?
There are currently no comparable homes to 256 Wachusett Avenue.
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