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Arlington 02474 Arlington Heights
324 Forest St
$799,000
● House - Off Market

324 Forest St

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,784 Ft²
$1,158,199
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Step inside and you won't be disappointed!  Stunning 2018 renovation in Arlington Heights with high ceilings and hardwood floors throughout. An open kitchen and dining room create a fantastic space for entertaining. Beautiful kitchen features custom cabinets, stainless appliances, quartz counters, gas range with range hood, tiled backsplash, and an island with seating! Spacious living room, sunroom, foyer, and powder room complete the first floor. The second floor features 2 bedrooms that share a family bathroom. Large master with room for a king bed, his/hers closets, private bathroom with gorgeous tiled shower complete with marble bench seat and frameless glass doors! 10ft ceiling height in unfinished, walkout basement provides an excellent opportunity for future customization. This one not to be missed!
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$448
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1940

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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 #72444890)

Price History

Date / Event Date Event Price
Mar 5, 2019 Sold
Premium
Sold
Jan 23, 2019 Listed by Redfin Corp. $799,000
Listed by Redfin Corp.
May 31, 2016 Sold
Premium
Sold
Mar 17, 2016 Listed by Redfin Corp. $509,000
Listed by Redfin Corp.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,622
  • Total Building Area: 2,117
  • Gross Building Area: 2,704
  • Building Area: 2,117
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,117
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 76189
  • Parcel: ARLI M:118.0 B:0003 L:0022
  • Block: 3
  • Lot: 22
  • Municipality: ARLINGTON
  • Latitude: 42.4354
  • Longitude: -71.1749

    Address

  • Full Address: 324 Forest St
  • Address - House Number: 324
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C036
  • 4-Digit Zip Code: 1314
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $904,700

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,108,207
  • High Value: 1,303,044
  • Low Value: 913,369

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $854,300
  • Assessed Land Value: $452,500
  • Assessed Improvements Value: $401,800

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Mar 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27072
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Amount: $491,000
  • 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

3300 ft²

Average Home Age

44.9 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 72444890

Frequently Asked Questions

When was property at 324 Forest Street built and last sold?
The property at 324 Forest Street was built in 1940 and last sold on Feb 25, 2019 for $799,000.
How much is this home worth?
The estimated value of the home located at 324 Forest Street is $804,007.
What are some comparable homes to 324 Forest Street?
There are currently no comparable homes to 324 Forest Street.
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