$225,000
●
Condo -
Off Market
4 Herbert Road #3
Arlington, MA 02474
2 Beds
1 Bath
754 Ft²
$475,188
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model
About This Property
Have a dog? No problem: dogs are allowed in this top floor condo.No
car? No Problem -1/4 mile from Alewife station on new Alewife
Greenway. . Dine and shop in East Arlington. Have more than
one car? No Problem, 1 deeded space w/ addit. parking on private
road. In-unit laundry and Washer/dryer, fridge inc. in price.
Newer roof, boiler and HW Heater. Smaller 2nd bedroom
could be used as study or office as well. Condo fee incl
reserve: pls see sellers disc
Unit Size
754 Ft²
Days on Market
-
Land Size
-
Price per sqft
$312
Property Type
Condo
Property Taxes
$251
HOA Dues
$150
Year Built
-
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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 #71326039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2012 | Sold | ||
| Sold | |||
| Jan 10, 2012 | Listed by Midtown Properties, Inc. | $234,900 | |
| Listed by Midtown Properties, Inc. | |||
| | |||
|
Have a dog? No problem: dogs are allowed in this top floor condo.No car? No Problem -1/4 mile from Alewife station on new Alewife Greenway. . Dine and shop in East Arlington. Have more than one car? No Problem, 1 deeded space w/ addit. parking on private road. In-unit laundry and Washer/dryer, fridge inc. in price. Newer roof, boiler and HW Heater. Smaller 2nd bedroom could be used as study or office as well. Condo fee incl reserve: pls see sellers disc
| |||
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Interior Features: Office, Study
Appliances: Range, Refrigerator, Washer, Dryer
Laundry Features: In Unit
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 754
Year Built Source: Public Records
Year Built: 1925
Building Name: 4-6 Herbert Road Condominiums
Building Area Total: 754
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $220,400
Tax Annual Amount: $3,011
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds
HOA/Condo/Coop Amenities: Storage
HOA Fee: $150
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/10/2012
|
2 Bed
|
1 Bath
|
754 ft²
|
$234,900
2 Bed
1 Bath
754 ft²
|
$225,000
-4.21%
07/31/2012
|
Grant Gibian
Coldwell Banker Residential Brokerage - Arlington
| |
|
02/10/2006
|
2 Bed
|
1 Bath
|
1100 ft²
|
$309,000
2 Bed
1 Bath
1100 ft²
|
$309,000
04/03/2006
|
Stephen Hueber
Senné
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017