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Arlington 02474 Arlington Heights
39 Lorraine Ter
Photo of 39 Lorraine Ter
Sold on Aug 31, 2006

1

Map

$435,000
● House - Off Market

39 Lorraine Ter

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,619 Ft²
$815,172
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

Your summer retreat beckons! Why spend your valuable time and resources on a fixer-upper, when this immac 3BR, 2 bath ranch is priced to sell and ready to go? Nicely landscaped and updated, this home is rich in finish & perfect for year round entertaining. Home features a skylit E-I Kit with slider access to a spacious rear deck; a bow-windowed living room w/fireplace; stylish family room w/bath, lndry & dry bar. Marble flooring, central air, replac wndws, garage, fenced yard!
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$277
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70349468)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Aug 31, 2006 Sold
Premium
Sold
Mar 17, 2006 Listed $449,000
Listed
Feb 27, 2003 Sold
Premium
Sold
Dec 28, 2002 Listed by eXp Realty $389,000
Listed by eXp Realty
MINT CONDITION CUSTOM RANCH IN WONDERFUL NEIGHBORHOOD LARGE & BRIGHT NEWER KITCHEN W/GRANITE PLUS SLIDER TO DECK FINISHED BASEMENT FAMILY ROOM/OFFICE W/DIRECT GARAGE ENTRY
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 1,096
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,808
  • Total Building Area: 2,850
  • Gross Building Area: 5,084
  • Building Area: 2,850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,850
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • 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: 77044
  • Parcel: ARLI M:119.0 B:0002 L:0024
  • Block: 2
  • Lot: 24
  • Municipality: ARLINGTON
  • Latitude: 42.434
  • Longitude: -71.1737

    Address

  • Full Address: 39 Lorraine Ter
  • Address - House Number: 39
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Arlington
  • Carrier Code: C024
  • 4-Digit Zip Code: 1412
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,045,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,167,442
  • High Value: 1,371,940
  • Low Value: 962,944

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $987,100
  • Assessed Land Value: $505,600
  • Assessed Improvements Value: $481,500

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104382
  • Previous Sale Recording Date: Aug 31, 2006
  • Previous Sale Amount: $435,000
  • 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 Heights

Stats & Trends

Median Asking:

$1,097,500

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3402 ft²

Average Home Age

50.3 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70349468

Frequently Asked Questions

When was property at 39 Lorraine Terrace built and last sold?
The property at 39 Lorraine Terrace was built in 1953 and last sold on Jan 1, 1970 for $531,000.
How much is this home worth?
The estimated value of the home located at 39 Lorraine Terrace is $475,422.
What are some comparable homes to 39 Lorraine Terrace?
There are currently no comparable homes to 39 Lorraine Terrace.
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