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Arlington 02476 Arlington Heights
36 Homer Road
$726,000
● House - Off Market

36 Homer Road

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,033 Ft²
$880,361
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

"Poet's Corner" Arlington Heights Gem - Location, Location, Location!  Size-able property with renovation opportunities or potentially build your dream home in one of the most desirable neighborhoods in Arlington.  Equally sized 3 bedrooms, 2 baths, classic ranch floor plan with private entrance in-law in the basement.  Gleaming hardwood floors throughout.  Brick, wood burning fireplace in the main living room.  Newer kitchen.  Sun room off the kitchen overlooking a generously sized, private backyard and deck.  Easy access to Storrow Drive and routes 2/93/95.  Beautiful park just steps from your front door.  You don't want to miss this one! *Note: photos included in listing are both current and from when the property was vacant*
Unit Size
2,033 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$344
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72761130)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Sep 21, 2021 Listed by Sweeney & OConnell $1,895,000
Listed by Sweeney & OConnell
Jan 8, 2021 Sold
Premium
Sold
Dec 2, 2020 Listed by Sweeney & OConnell $699,999
Listed by Sweeney & OConnell

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 704
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,022
  • Total Building Area: 4,211
  • Gross Building Area: 6,100
  • Building Area: 4,211
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,211
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON
  • Land Acres: 0000000161
  • 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: 122183
  • Parcel: ARLI M:179.0 B:0008 L:0012
  • Block: 8
  • Lot: 12
  • Municipality: ARLINGTON
  • Latitude: 42.418
  • Longitude: -71.1959

    Address

  • Full Address: 36 Homer Rd
  • Address - House Number: 36
  • Address - Street Name: Homer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C018
  • 4-Digit Zip Code: 7014
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,127,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 2,307,654
  • High Value: 2,682,868
  • Low Value: 1,932,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,009,200
  • Assessed Land Value: $517,100
  • Assessed Improvements Value: $1,492,100

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 253732
  • Previous Sale Recording Date: Jan 08, 2021
  • Previous Sale Contract Date: Jan 04, 2021
  • Previous Sale Amount: $726,000
  • 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:

$1,095,000

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72761130

Frequently Asked Questions

When was property at 36 Homer Road built and last sold?
The property at 36 Homer Road was built in 2021 and last sold on Nov 19, 2021 for $1,879,500.
How much is this home worth?
The estimated value of the home located at 36 Homer Road is $1,915,999.
What are some comparable homes to 36 Homer Road?
There are currently no comparable homes to 36 Homer Road.
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