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$510,000
● Condo - Off Market

27-29 Burch St #2

Arlington, MA
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,019 Ft²
$1,141,004
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

OPEN HOUSE March 11th from 11:30am - 1pm.  Total Renovation: NEW kitchen, granite countertops, Bosch appliances. NEW tiled bath. Third floor includes: master bedroom with skylights and walk in closet, NEW marble bath 2 bowl vanity, second bedroom and laundry hook up. Hardwood floors throughout. NEW plumbing, NEW HVAC, NEW 200 Amp Electric with all NEW wiring throughout. NEW exterior siding, paved 2 car driveway. Minutes to bike path, Hardy School, T, Alewife, shops and restaurants.
Unit Size
2,019 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$262
Property Type
Condo
Property Taxes
$572
HOA Dues
-
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: 4 months ago (MLSPIN #71349403)

Price History

Date / Event Date Event Price
Jun 1, 2012 Sold
Premium
Sold
Mar 9, 2012 Listed by Sterling Lion, LLC $529,900
Listed by Sterling Lion, LLC

Property Highlights

Air Conditioning
Parking Available
Parking Details
Has Open Parking
Parking Features: Off Street, Tandem, Paved
Interior Details
Full Bathrooms: 2
Interior Features: Bonus Room, Mud Room
Appliances: Range, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
Flooring Type: Hardwood, Flooring - Hardwood
Door Features: French Doors, Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, Third Floor
Rooms: 9
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2019
Year Built Source: Public Records
Year Built: 1928
Building Area Total: 2019
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4950
Tax Lot: 0005.0
Water Source: Public
Financial Details
Tax Map Number: 013.0
Tax Assessed Value: $502,800
Tax Annual Amount: $6,868
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71349403
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