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Arlington 02474 East Arlington
31 Tufts St
$768,700
● House - Off Market

31 Tufts St

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,522 Ft²
$985,715
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

What an Opportunity! Terrific 3 Bedroom Colonial in a wonderful location near Arlington Center. The Main Level features Fire-Placed Living Room, Spacious Kitchen, half  Bathroom and an enclosed Sunroom/Porch which overlooks the private and serene backyard. Upstairs has 3 sizeable bedrooms and a Full Bath. Full Unfinished Basement. Hardwoods throughout. Newer Heating Sysyem. One Car Attached Garage. Some updates needed but great potential. Superb location across from newly renovated 6th grade Gibbs Middle School and just Steps to Mass Ave, Spy Pond, Stroll to the Capitol Cinema and close to all vibrant Arlington Center has to offer. Priced Well Below Assessment. Being sold 'as is'.
Unit Size
1,522 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$453
Property Type
House
Property Taxes
$675
HOA Dues
-
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 #72526495)

Price History

Date / Event Date Event Price
Aug 9, 2019 Sold
Premium
Sold
Jun 27, 2019 Listed by Coldwell Banker Residential Brokerage - Lexington $689,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • 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: 7
  • Basement Area: 728
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,522
  • Gross Building Area: 3,378
  • Building Area: 1,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,522
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 356701

Zoning

  • Zoning: R1

Geography

  • Account Number: 20373
  • Parcel: ARLI M:029.0 B:0004 L:0020
  • Block: 4
  • Lot: 20
  • Municipality: ARLINGTON
  • Latitude: 42.4097
  • Longitude: -71.1452

    Address

  • Full Address: 31 Tufts St
  • Address - House Number: 31
  • Address - Street Name: Tufts
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C011
  • 4-Digit Zip Code: 6821
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $984,800

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,039,271
  • High Value: 1,221,988
  • Low Value: 856,553

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $929,900
  • Assessed Land Value: $564,300
  • Assessed Improvements Value: $365,600

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1820406
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 East Arlington

Stats & Trends

Median Asking:

$1,050,000

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1720 ft²

Average Home Age

90.1 years

Currently For Sale

22 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 205 Walden St, Cambridge, MA, 02140

$3,213 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
205 Walden St #The Seville, Cambridge, MA, 02140 Listing by Equity Residential
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: 6 months ago
Data Source: MLS PIN, MLS# 72526495

Frequently Asked Questions

When was property at 31 Tufts Street built and last sold?
The property at 31 Tufts Street was built in 1938 and last sold on Jul 25, 2019 for $768,700.
How much is this home worth?
The estimated value of the home located at 31 Tufts Street is $711,977.
What are some comparable homes to 31 Tufts Street?
There are currently no comparable homes to 31 Tufts Street.
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