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Arlington 02476 Arlington Center
38 Norfolk Rd
$1,251,000
● House - Off Market

38 Norfolk Rd

Arlington, MA 02476
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,775 Ft²
$1,372,912
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Jason Heights!   Vintage 1910 Colonial is loaded with charm and character.  Period detail abounds in this spacious home.  Lovely foyer, beamed ceiling living room with fireplace, generous size dining room with built in leaded glass cabinet, wood floors, lots of room in this butler's pantry, inviting screened porch to enjoy a quiet retreat.  Second floor has  4 bedrooms and bath.   Bonus third floor with 5th bedroom, bath, and office with Boston views.  1st floor laundry and extra basement laundry.  Great closet and storage space throughout.  This home is situated on a large private lot and is close to Menotomy Rocks Park, theater, shops, restaurants, Minuteman Bikeway with easy access to Route 2.  This home is a rare find!  Don't Miss this opportunity to add your touch and make it your own!
Unit Size
2,775 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$378
Property Type
House
Property Taxes
$1,027
HOA Dues
-
Year Built
1910

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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 years ago (MLSPIN #72714046)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 21, 2020 Listed by Compass $1,050,000
Listed by Compass
Jan 7, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,113
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,256
  • Total Building Area: 2,454
  • Gross Building Area: 4,869
  • Building Area: 2,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 356703

Zoning

  • Zoning: R1

Geography

  • Account Number: 84517
  • Parcel: ARLI M:131.0 B:0003 L:0005
  • Block: 3
  • Lot: 5
  • Municipality: ARLINGTON
  • Latitude: 42.4107
  • Longitude: -71.1605

    Address

  • Full Address: 38 Norfolk Rd
  • Address - House Number: 38
  • Address - Street Name: Norfolk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C067
  • 4-Digit Zip Code: 8030
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,421,200

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,578,540
  • High Value: 1,835,203
  • Low Value: 1,321,876

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,342,000
  • Assessed Land Value: $722,900
  • Assessed Improvements Value: $619,100

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 174890
  • Previous Sale Recording Date: Jan 07, 1994
  • Previous Sale Amount: $307,500
  • Previous Sale Document Type: 27
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 Center

Stats & Trends

Median Asking:

$1,247,500

Sale Price/ft²

$594

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2255 ft²

Average Home Age

84.4 years

Currently For Sale

24 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 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 years ago
Data Source: MLS PIN, MLS# 72714046

Frequently Asked Questions

When was property at 38 Norfolk Road built and last sold?
The property at 38 Norfolk Road was built in 1910 and last sold on Sep 2, 2020 for $1,251,000.
How much is this home worth?
The estimated value of the home located at 38 Norfolk Road is $1,079,556.
What are some comparable homes to 38 Norfolk Road?
There are currently no comparable homes to 38 Norfolk Road.
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