$685,000
●
Multifamily -
Off Market
322 Forest
Arlington, MA
2 Beds
3 Baths,
1
Half Bath
2,402 Ft²
$1,115,625
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Unique two family home with lots of charm that has been well cared
for by the same family for many generations. Home has beautiful
wood floors and moldings with high ceilings throughout. First floor
consists of dining room, living room, full bath, bedroom and
kitchen with a sitting area and slider leading to back porch
overlooking a spacious backyard. Second floor has a kitchen, living
room, office, full bath and bedroom. The lower level has a finished
familyroom with a half bath and walkout to back patio. Detached two
car garage with three additional parking spaces. Sale includes an
additional 5,471 sq ft land lot. Steps to public transportation.
Open house Sat. and Sun. 12 - 1:30.
Unit Size
2,402 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$289
Property Type
Multifamily
Property Taxes
$624
HOA Dues
-
Year Built
-
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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 years ago (MLSPIN #72122451)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2017 | Sold | ||
| Sold | |||
| Feb 23, 2017 | Listed by Move2Boston Group, LLC | $694,900 | |
| Listed by Move2Boston Group, LLC | |||
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Other (See Remarks), Unit 1(Ceiling Fans, Crown Molding, Slider), Unit 2(Pantry, Crown Molding), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room, Mudroom), Unit 2 Rooms(Living Room, Kitchen, Office/Den, Other (See Remarks))
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Unit 1(undefined), Unit 2(Wood Flooring)
Laundry Features: Washer Hookup
Rooms: 8
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood, Patio
Lead Paint: Unknown
Lot Features: Additional Land Avail., Gentle Sloping
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R1
Parcel Number: 327096
Water Source: Public
Financial Details
Tax Assessed Value: $596,400
Tax Annual Amount: $7,491
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard, Gas, Unit Control), Unit 2(Hot Water Radiators, Gas, Unit Control)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Public School
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017