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Arlington 02474 Arlington Heights
34 Tower Rd
$550,000
● House - Off Market

34 Tower Rd

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,072 Ft²
$982,513
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Lovely Multi-Level Home with Open Concept Floor Plan. Hardwood Floors, Cathedral Ceiling Living Room with Fireplace and Bay Window. Open Upgraded Kitchen /Dining Room with Access to Spacious Over Sized Deck Over Looking Extra Large Flat, Fenced, Back Yard with Storage Shed. 4 Good Sized Bedrooms and 2 Full Baths. Newer Heating System. Plenty of Extra Storage in Walk Out Basement and Attic. This Great Home is Located in the Blue Ribbon Award Winning Stratton School District and desirable Morningside Neighborhood. Easy Access to  Public Transportation, Bike/Walking Trails, Parks, Major Highways and All Arlington Has to Offer.
Unit Size
2,072 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$285
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1959

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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 #72038339)

Price History

Date / Event Date Event Price
Sep 28, 2016 Sold
Premium
Sold
Jul 13, 2016 Listed by Fox Hill Realty, LLC $589,999
Listed by Fox Hill Realty, LLC
Jun 29, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,356
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,456
  • Total Building Area: 2,552
  • Gross Building Area: 3,800
  • Building Area: 2,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • 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: 65565
  • Parcel: ARLI M:101.0 B:0007 L:0008
  • Block: 7
  • Lot: 8
  • Municipality: ARLINGTON
  • Latitude: 42.4317
  • Longitude: -71.1702

    Address

  • Full Address: 34 Tower Rd
  • Address - House Number: 34
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C032
  • 4-Digit Zip Code: 1613
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $979,300

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,330,357
  • High Value: 1,565,431
  • Low Value: 1,095,284

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $924,700
  • Assessed Land Value: $497,100
  • Assessed Improvements Value: $427,600

    Sales

  • Current Sale Recording Date: Sep 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1742104
  • Previous Sale Recording Date: Jun 29, 2005
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: 48
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:

$1,095,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 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: 4 months ago
Data Source: MLS PIN, MLS# 72038339

Frequently Asked Questions

When was property at 34 Tower Road built and last sold?
The property at 34 Tower Road was built in 1959 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 34 Tower Road is $618,685.
What are some comparable homes to 34 Tower Road?
There are currently no comparable homes to 34 Tower Road.
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