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Arlington 02476 Arlington Heights
265 Park Ave
$507,200
● House - Off Market

265 Park Ave

Arlington, MA 02476
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,215 Ft²
$855,768
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Don't miss this adorable 2-3 bedroom, move-in-ready Cape set way back off of Park Ave. Picture-perfect front entrance greets you with charming rocking chair front porch. Sun filled Living Room with gleaming hardwoods and wood-burning fireplace lead to beautiful and sunny kitchen that has been updated with exquisite granite countertops, glass tiled backsplash, updated cabinets, stainless steel appliances and radiant heated floors! Great eat-in kitchen with sliders to back deck! First floor is complete with 2 bedrooms and renovated full bathroom. Huge second floor can be a great third bedroom or playroom! Basement has finished room with wood stove awaiting your finishing touches. Bonus! 1 car attached garage! This home truly has it all! Pack your things and move right in! Steps to Robbins Farm and Bus Stop!
Unit Size
1,215 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$411
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1940

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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 #71960418)

Price History

Date / Event Date Event Price
Mar 15, 2016 Sold
Premium
Sold
Feb 18, 2016 Listed by Coldwell Banker Residential Brokerage - Lexington $499,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Dec 23, 2002 Sold
Premium
Sold
Oct 11, 2002 Listed by Coldwell Banker Residential Brokerage - Lexington $365,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Jun 29, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 810
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,698
  • Total Building Area: 1,539
  • Gross Building Area: 2,850
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4697B
  • Land Acres: 0000000131
  • 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: 107468
  • Parcel: ARLI M:161.0 B:0002 L:0016.B
  • Block: 2
  • Lot: 16.B
  • Municipality: ARLINGTON
  • Latitude: 42.4162
  • Longitude: -71.1807

    Address

  • Full Address: 265 Park Ave
  • Address - House Number: 265
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C043
  • 4-Digit Zip Code: 7439
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $802,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 870,395
  • High Value: 1,022,992
  • Low Value: 717,798

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $757,900
  • Assessed Land Value: $494,100
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Recording Date: Mar 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39565
  • Previous Sale Recording Date: Dec 23, 2002
  • Previous Sale Amount: $363,000
  • Previous Sale Document Type: 48
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:

$1,095,000

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3213 ft²

Average Home Age

53.6 years

Currently For Sale

27 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: 4 months ago
Data Source: MLS PIN, MLS# 71960418

Frequently Asked Questions

When was property at 265 Park Avenue built and last sold?
The property at 265 Park Avenue was built in 1940 and last sold on Jan 1, 1970 for $507,200.
How much is this home worth?
The estimated value of the home located at 265 Park Avenue is $515,670.
What are some comparable homes to 265 Park Avenue?
There are currently no comparable homes to 265 Park Avenue.
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