$1,265,700
●
Condo -
Off Market
261 Broadway #261
Arlington, MA
5 Beds
4 Baths
2,490 Ft²
$1,337,680
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Stunningly gut renovated 5 bed, 4 bath townhouse feels like a
single family home. With its light hardwood floors & multiple Pella
windows it is a bright haven less than 1/4 mile to Arlington
Center. The numerous rooms allow for multiple individuals spaces to
relax or work in, made easier by coaxial & ethernet tied to
centralized hub with Netgear switch. This home boots luxury &
efficiency in each room from Glow Lighted mirrors, Kohler toilets
w/ smart bidet seats, Grohe fixtures, Touch2O faucets & even the
Samsung Family Hub refrigerator. Energy efficiency has earned this
unit a HERS rating of 50% better than other current code-built
homes. Encasing and protecting this dream home is Hardie cement
clapboard siding, Ring Elite doorbell, cameras, and August Keypad &
Locks. Direct access garage & private fenced back yard completes
this perfect home. 1/4 mile to Spy Pond & Minuteman Commuter Path
which takes you directly to Alewife Red Line T in less than
1.5miles. Easy access to Rt 2 & 93.
Unit Size
2,490 Ft²
Days on Market
-
Land Size
-
Price per sqft
$442
Property Type
Condo
Property Taxes
$1,272
HOA Dues
$174
Year Built
-
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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 years ago (MLSPIN #72782089)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Feb 3, 2021 | Listed by FrielEstate | $1,100,000 | |
| Listed by FrielEstate | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 14.333333
Length: 8.583333
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Peninsula, Lighting - Pendant
Area: 123.027777
Level: Second
Area: 69.416666
Width: 8.5
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Low Flow Toilet, Recessed Lighting, Lighting - Sconce
Length: 8.166666
Area: 88.375
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Bidet, Low Flow Toilet, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup, Lighting - Sconce, Lighting - Overhead
Length: 10.5
Level: Main
Width: 8.416666
Level: First
Features: Flooring - Hardwood, High Speed Internet Hookup, Recessed Lighting, Remodeled, Lighting - Overhead
Width: 11.833333
Length: 12
Area: 142
Length: 14.833333
Level: Second
Features: Bathroom - Full, Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Remodeled, Lighting - Overhead
Area: 176.763888
Width: 11.916666
Area: 148.75
Length: 9.916666
Level: Second
Features: Closet, Flooring - Hardwood, High Speed Internet Hookup, Recessed Lighting, Remodeled, Lighting - Overhead
Width: 15
Width: 11.916666
Features: Flooring - Hardwood, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead
Length: 14.416666
Level: Main
Area: 171.798611
Features: Closet, Flooring - Hardwood, High Speed Internet Hookup, Recessed Lighting, Remodeled, Lighting - Overhead
Width: 11.916666
Length: 17.5
Area: 208.541666
Level: Second
Length: 14.5
Level: First
Area: 435
Features: Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Width: 30
Width: 7.916666
Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Low Flow Toilet, Recessed Lighting, Remodeled, Lighting - Sconce, Lighting - Overhead
Level: Second
Area: 39.583333
Length: 5
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead, Closet - Double
Level: Second
Length: 22.333333
Width: 15
Area: 335
Features: Yes
Full Bathrooms: 4
Interior Features: Closet, Attic Access, Recessed Lighting, Lighting - Overhead, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Bidet, Lighting - Sconce, Mud Room, Center Hall, Bathroom, Central Vacuum, Internet Available - Unknown, Other
Appliances: Range, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Vacuum System, Range Hood, Instant Hot Water, Other, Gas Water Heater, Tank Water Heaterless, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Laundry Features: In Unit, Washer Hookup
Rooms: 10
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Paved, Exclusive Parking
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Property Condition: Remodeled
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: M:042.0 B:0005 L:0012, 321539
Water Source: Public
Financial Details
Tax Assessed Value: $1,346,300
Tax Annual Amount: $15,267
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $174
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, T-Station, Other
Pets Allowed: Yes
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017