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Arlington 02476 Arlington Heights
316 Park Ave
$587,750
● House - Off Market

316 Park Ave

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,605 Ft²
$1,134,599
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Expansive colonial in Brackett School. Central air, hdwd flrs. Open floor plan: entry vestibule w/closet, pocket door, large living room w/ granite fireplace, library/family room w/ built-in desk & shelves, formal dining room w/ built-ins, kitchen w/ separate dining area & large enclosed porch off kitchen, 1/2 bath. Three BRs on 2nd floor: large Master BR w/ sitting room w/ cedar closet. Walk up attic. Walk-out lower level. Roof - 2005. New boiler 2012. Great commuting! Fenced/gated yard.
Unit Size
2,605 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$230
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1923

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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: 5 months ago (MLSPIN #71518608)

Price History

Date / Event Date Event Price
Aug 16, 2013 Sold
Premium
Sold
May 2, 2013 Listed by Bowes Real Estate Real Living $599,000
Listed by Bowes Real Estate Real Living

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 10
  • 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: 18
  • 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: 1,157
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,344
  • Total Building Area: 3,191
  • Gross Building Area: 4,332
  • Building Area: 3,191
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 3,191
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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: 356602

Zoning

  • Zoning: R1

Geography

  • Account Number: 103890
  • Parcel: ARLI M:156.0 B:0003 L:0014
  • Block: 3
  • Lot: 14
  • Municipality: ARLINGTON
  • Latitude: 42.4139
  • Longitude: -71.1816

    Address

  • Full Address: 316 Park Ave
  • Address - House Number: 316
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C043
  • 4-Digit Zip Code: 7412
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,251,600

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,492,920
  • High Value: 1,756,948
  • Low Value: 1,228,892

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,181,900
  • Assessed Land Value: $535,300
  • Assessed Improvements Value: $646,600

    Sales

  • Current Sale Recording Date: Aug 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180243
  • Previous Sale Recording Date: Aug 16, 2013
  • Previous Sale Amount: $587,750
  • Previous Sale Document Type: O
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:

$1,097,500

Sale Price/ft²

$565

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3372 ft²

Average Home Age

43.7 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71518608

Frequently Asked Questions

When was property at 316 Park Avenue built and last sold?
The property at 316 Park Avenue was built in 1923 and last sold on Jan 1, 1970 for $587,750.
How much is this home worth?
The estimated value of the home located at 316 Park Avenue is $645,430.
What are some comparable homes to 316 Park Avenue?
There are currently no comparable homes to 316 Park Avenue.
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