$165,000
●
Condo -
Off Market
3 Colonial Village Dr #5
Arlington, MA 02474
2 Beds
1 Bath
665 Ft²
$1,386
Est. Monthly
$387
HOA / Fees
15.80%
Cap Rate
About This Property
Second Floor, 2 bed condo with updated ktichen and hardwood floors
overlooking the pool. The best value at Colonial Village in
years. This is the largest floor plan with and a rare second
floor rear location. Condo fee ($387) also pays for heat.
Move in tomorrow! Excellent condition, excellent location
near Bikepath, Arlington Reservoir, Arlington Heights, Trader Joe's
and Panera Bread! To schedule all showings, call listing
OFFICE/show.
Unit Size
665 Ft²
Days on Market
-
Land Size
-
Price per sqft
$248
Property Type
Condo
Property Taxes
$188
HOA Dues
$387
Year Built
1938
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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: 2 years ago (MLSPIN #71100927)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2012 | Sold | ||
| Sold | |||
| Aug 13, 2012 | Listed by Bowes Real Estate Real Living | $169,000 | |
| Listed by Bowes Real Estate Real Living | |||
| | |||
|
2 Bedroom condo at Colonial Village! This unit is on the second floor overlooking the pool. Excellent condition. Updated kitchen, hardwood floors and AC. Great location near Bikepath, Arlington Reservoir, Arlington Heights and Trader Joe's. Move right in.
| |||
| Jun 24, 2010 | Listed by Bowes Pennell & Thompson GMAC | $165,000 | |
| Listed by Bowes Pennell & Thompson GMAC | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Hardwood
Laundry Features: In Basement
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 665
Square Footage Source: $0
Security Features: Security System, Intercom
Year Built Source: Public Records
Year Built: 1962
Waterfront Features: Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Colonial Village
Building Area Total: 665
Building Area Units: Square Feet
Window Features: Storm Window(s)
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $183,100
Tax Annual Amount: $2,260
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Electric Baseboard
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $387
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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Address: 335 Madison Avenue, New York, NY 10017