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Arlington 02474 East Arlington
38 Marion Rd
Photo of 38 Marion Rd
Sold on Aug 17, 2007

1

Map

$539,000
● House - Off Market

38 Marion Rd

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,737 Ft²
$937,404
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Your search is over!  Excellent location - Excellent condition - Excellent value! Three bed, 1.5 bath colonial on quiet dead end street in East Arlington near Mass Ave, Spy Pond and the Minuteman Bikeway.  New Kitchen, New Windows, New Bath, year round sun room and sun deck, large level yard.  Open House Saturday, May 19th 12:00 - 2:00 and Sunday May 20th 3:00 - 5:00  Owner prefers august closing. Offers reviewed sunday night May 20th.
Unit Size
1,737 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$288
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1951

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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 #70581183)

Price History

Date / Event Date Event Price
Aug 17, 2007 Sold
Premium
Sold
May 18, 2007 Listed $499,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,425
  • Total Building Area: 1,905
  • Gross Building Area: 3,040
  • Building Area: 1,905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,905
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON
  • Land Acres: 0000000147
  • 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: 356701

Zoning

  • Zoning: R1

Geography

  • Account Number: 7290
  • Parcel: ARLI M:008.0 B:0002 L:0028
  • Block: 2
  • Lot: 28
  • Municipality: ARLINGTON
  • Latitude: 42.4074
  • Longitude: -71.1473

    Address

  • Full Address: 38 Marion Rd
  • Address - House Number: 38
  • Address - Street Name: Marion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C009
  • 4-Digit Zip Code: 6617
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,253,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,214,304
  • High Value: 1,411,744
  • Low Value: 1,016,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,183,200
  • Assessed Land Value: $606,700
  • Assessed Improvements Value: $576,500

    Sales

  • Current Sale Recording Date: Aug 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00153724
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 East Arlington

Stats & Trends

Median Asking:

$1,042,500

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1932 ft²

Average Home Age

89.4 years

Currently For Sale

19 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

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$2,582 /mo

  • Studio
  • 1 Bath
  • 539 ft²
205 Walden St #The Copley, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70581183

Frequently Asked Questions

When was property at 38 Marion Road built and last sold?
The property at 38 Marion Road was built in 1951 and last sold on Jan 1, 1970 for $539,000.
How much is this home worth?
The estimated value of the home located at 38 Marion Road is $534,376.
What are some comparable homes to 38 Marion Road?
There are currently no comparable homes to 38 Marion Road.
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