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Arlington 02476 Brattle
278 Gray St
$550,000
● House - Off Market

278 Gray St

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,750 Ft²
$1,049,702
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Spacious Midcentury home in Brackett School district situated on a corner lot on the 'high side' of Gray Street. First floor with circular flow has large living room with fireplace and large windows. Dining room with china cabinet connects living room and eat-in kitchen. Two bedrooms and a full bathroom are on the first floor. Second floor has an additional expansive bedroom with reading alcove, a half bath, and additional walk-in closet/storage space. Potential for a glamorous master suite and possible 4th bedroom. Two-car garage leads to the family room, laundry area, and full bath on the ground level. Yard great for gardening and entertaining. Roof replaced (2-3 years), electrical panel upgraded and home rewired (2014), Letter of Full Deleading Compliance (2007).  Most windows are newer and insulated.
Unit Size
2,750 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$211
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71681814)

Price History

Date / Event Date Event Price
Jul 21, 2014 Sold
Premium
Sold
May 15, 2014 Listed by Coldwell Banker Residential Brokerage - Cambridge - Huron Ave. $579,000
Listed by Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
Aug 14, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,504
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,760
  • Total Building Area: 2,256
  • Gross Building Area: 4,536
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 356601

Zoning

  • Zoning: R1

Geography

  • Account Number: 99734
  • Parcel: ARLI M:150.0 B:0008 L:0010.B
  • Block: 8
  • Lot: 10.B
  • Municipality: ARLINGTON
  • Latitude: 42.4174
  • Longitude: -71.1737

    Address

  • Full Address: 278 Gray St
  • Address - House Number: 278
  • Address - Street Name: Gray
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C065
  • 4-Digit Zip Code: 6130
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,117,400

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,143,928
  • High Value: 1,344,480
  • Low Value: 943,375

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,055,100
  • Assessed Land Value: $655,500
  • Assessed Improvements Value: $399,600

    Sales

  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1676194
  • Previous Sale Recording Date: Aug 14, 1987
  • Previous Sale Amount: $260,000
  • 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 Brattle

Stats & Trends

Median Asking:

$1,004,750

Sale Price/ft²

$643

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2153 ft²

Average Home Age

62.8 years

Currently For Sale

12 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# 71681814

Frequently Asked Questions

When was property at 278 Gray Street built and last sold?
The property at 278 Gray Street was built in 1955 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 278 Gray Street is $631,299.
What are some comparable homes to 278 Gray Street?
There are currently no comparable homes to 278 Gray Street.
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