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Arlington 02474 Arlington Center
31 Johnson Road
$1,049,000
● House - Off Market

31 Johnson Road

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,674 Ft²
$1,013,992
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Due to overwhelming interest all offers due Monday at 3PM. Just in time for the holidays, schedule your visit while we finish the final touches on this beautiful home! Tucked away in a spacious, quiet neighborhood this quintessential New England Colonial is nestled upon a spacious corner lot with detached 2 car garage. This home has been loving maintained by the same family for two generations. Bring your personal touch and design style to make this your own. Updates include 200-amp electrical, new roof, gleamingly refinished hardwood floors, vanity, kitchen cabinets, lighting and more! This spacious and quiet neighborhood is conveniently located to Spy Pond Park and all downtown amenities. This gem won't last! Schedule your showing today! All showings go through Showingtime.
Unit Size
1,674 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$567
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1931

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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 #72928564)

Price History

Date / Event Date Event Price
Feb 2, 2022 Sold
Premium
Sold
Dec 15, 2021 Listed by Dovetail Real Estate Group,LLC $949,000
Listed by Dovetail Real Estate Group,LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 3
  • Basement Area: 1,518
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,878
  • Total Building Area: 1,674
  • Gross Building Area: 3,236
  • Building Area: 1,674
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,674
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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: 356400

Zoning

  • Zoning: R1

Geography

  • Account Number: 42527
  • Parcel: ARLI M:066.0 B:0005 L:0009
  • Block: 5
  • Lot: 9
  • Municipality: ARLINGTON
  • Latitude: 42.42
  • Longitude: -71.1555

    Address

  • Full Address: 31 Johnson Rd
  • Address - House Number: 31
  • Address - Street Name: Johnson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C049
  • 4-Digit Zip Code: 3032
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $929,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,080,726
  • High Value: 1,270,732
  • Low Value: 890,720

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $877,300
  • Assessed Land Value: $501,100
  • Assessed Improvements Value: $376,200

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18254
  • Previous Sale Recording Date: Jan 05, 2015
  • 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 Arlington Center

Stats & Trends

Median Asking:

$1,247,500

Sale Price/ft²

$594

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2255 ft²

Average Home Age

84.4 years

Currently For Sale

24 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

Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72928564

Frequently Asked Questions

When was property at 31 Johnson Road built and last sold?
The property at 31 Johnson Road was built in 1931 and last sold on Feb 2, 2022 for $1,049,000.
How much is this home worth?
The estimated value of the home located at 31 Johnson Road is $970,111.
What are some comparable homes to 31 Johnson Road?
There are currently no comparable homes to 31 Johnson Road.
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