$176,000
●
Condo -
Off Market
3 Colonial Village Dr #2
Arlington, MA 02474
2 Beds
1 Bath
642 Ft²
$368,914
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model
About This Property
Amazing 2 Bed, One Bath, Quiet Garden Style Brick Condo.
Hardwood & Tile Floors throughout with a great view of the
Lush, Well Maintained, Courtyard and Serene In-Ground Pool.
Condo Fees INCLUDE HEAT!! 5 Minute Walk to Arlington
Heights Center, Public Transport, Gym, Trader Joe's, StarBucks,
Public Beach, Bike & Walking Paths, lots of great Shops and
Amenities. Motivated Seller, GREAT Location!! This is a
MUST see!! Perfect for 1st time home buyers, professionals,
or investors!!
Unit Size
642 Ft²
Days on Market
-
Land Size
-
Price per sqft
$289
Property Type
Condo
Property Taxes
$178
HOA Dues
$300
Year Built
1938
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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: 6 months ago (MLSPIN #70766808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2008 | Sold | ||
| Sold | |||
| May 24, 2008 | Listed by RE/MAX Prof Associates | $185,500 | |
| Listed by RE/MAX Prof Associates | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 1
Interior Features: Other
Appliances: Range, Disposal, Refrigerator
Flooring Type: Wood, Tile, Vinyl
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 642
Security Features: Security System, Intercom
Year Built Source: Public Records
Year Built: 1962
Waterfront Features: Lake Front, Pond, River, Walk to, Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Colonial Village (Clarke House)
Building Area Total: 642
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 0002
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 061.A
Tax Assessed Value: $195,400
Tax Annual Amount: $2,140
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $300
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2018
|
1 Bed
|
1 Bath
|
441 ft²
|
$199,000
1 Bed
1 Bath
441 ft²
|
$221,000
+11.06%
11/05/2018
|
Teri Kirkland
Leading Edge Real Estate
| |
|
08/24/2017
|
2 Bed
|
1 Bath
|
647 ft²
|
$289,000
2 Bed
1 Bath
647 ft²
|
$275,000
-4.84%
11/09/2017
|
Cheryl King
MRM Associates
| |
|
01/22/2014
|
1 Bed
|
1 Bath
|
441 ft²
|
$139,999
1 Bed
1 Bath
441 ft²
|
$137,200
-2.00%
03/14/2014
|
John G. Lopes
ERA Jose S. Castelo Real Estate
| |
|
08/13/2012
|
2 Bed
|
1 Bath
|
665 ft²
|
$169,000
2 Bed
1 Bath
665 ft²
|
$159,000
-5.92%
10/01/2012
|
Brian & Diana Segool
Gibson Sotheby's International Realty
| |
|
02/08/2012
|
2 Bed
|
1 Bath
|
643 ft²
|
$89,900
2 Bed
1 Bath
643 ft²
|
$100,000
+11.23%
05/25/2012
|
Kieran Brosnan
Brosnan Realty Group, Inc.
| |
|
06/24/2010
|
2 Bed
|
1 Bath
|
665 ft²
|
$165,000
2 Bed
1 Bath
665 ft²
|
-
-
|
Brian Greeley
Bowes Real Estate Real Living
| |
|
05/24/2008
|
2 Bed
|
1 Bath
|
642 ft²
|
$185,500
2 Bed
1 Bath
642 ft²
|
$176,000
-5.12%
08/27/2008
|
Pierre Boucher
RE/MAX Prof Associates
| |
|
12/06/2007
|
1 Bed
|
1 Bath
|
441 ft²
|
$158,888
1 Bed
1 Bath
441 ft²
|
$160,000
+0.70%
01/30/2008
|
Brian Greeley
Bowes Real Estate Real Living
| |
|
10/20/2002
|
2 Bed
|
1 Bath
|
642 ft²
|
$179,900
2 Bed
1 Bath
642 ft²
|
$177,000
-1.61%
12/13/2002
|
Steven Savarese
Senné
| |
|
08/22/1999
| |
2 Bed
|
2 Bath
|
1218 ft²
|
$305,000
2 Bed
2 Bath
1218 ft²
|
$300,000
-1.64%
10/29/1999
|
Edward Crowley
|
Building Info
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