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Arlington 02476 Arlington Heights
31 Inverness Road
Photo of 31 Inverness Road
Sold on Jul 1, 2009

1

Map

$421,000
● House - Off Market

31 Inverness Road

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,180 Ft²
$860,221
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Lovingly maintained Colonial located on a dead end street! Enjoy your evenings on the enclosed screened porch. Additional features include newer windows, eat in kitchen, hardwood floors throughout(except for kitchen) and high ceilings. Just a short distance to Trader Joe's, Starbuck's & other Heights businesses. Near transportation and the Minuteman Bike Path. A wonderful home to call your own!
Unit Size
1,180 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$355
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1910

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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 #70918903)

Price History

Date / Event Date Event Price
Jul 1, 2009 Sold
Premium
Sold
May 14, 2009 Listed $419,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,254
  • Total Building Area: 1,212
  • Gross Building Area: 2,572
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON HEIGHTS PARK
  • Land Acres: 0000000075
  • 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: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 113969
  • Parcel: ARLI M:172.0 B:0004 L:0007
  • Block: 4
  • Lot: 7
  • Municipality: ARLINGTON
  • Latitude: 42.4223
  • Longitude: -71.1891

    Address

  • Full Address: 31 Inverness Rd
  • Address - House Number: 31
  • Address - Street Name: Inverness
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C028
  • 4-Digit Zip Code: 5741
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $806,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 890,900
  • High Value: 1,047,092
  • Low Value: 734,708

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $761,700
  • Assessed Land Value: $398,600
  • Assessed Improvements Value: $363,100

    Sales

  • Current Sale Recording Date: Jul 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00125749
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70918903

Frequently Asked Questions

When was property at 31 Inverness Road built and last sold?
The property at 31 Inverness Road was built in 1910 and last sold on Jan 1, 1970 for $421,000.
How much is this home worth?
The estimated value of the home located at 31 Inverness Road is $438,978.
What are some comparable homes to 31 Inverness Road?
There are currently no comparable homes to 31 Inverness Road.
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