$640,000
●
Condo -
Off Market
40 Arlington Street #2
Newton, MA 02458
5 Beds
2 Baths,
1
Half Bath
2,449 Ft²
$876,020
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model
About This Property
Wonderful opportunity to customize and renovate in desirable
neighborhood in Farlow Hill/Newton Corner. Two level condo, bright,
airy LR with fireplace, Spacious DR/kitchen with charming open
floor plan and small porch for an herb garden. Good storage and
counter space plus five burner gas cook top. Two bedrooms, small
office, and full bath complete this floor. Second level has two
bedrooms, bath with shower stall and some extra space for play or
study. Bonus room and laundry in the basement. Separate utilities.
One car garage for regular sized car and one tandem outside space.
Condo needs updating and buyers are encouraged to bring
contractors. Terrific value for the area, great location for
schools, commuting, shopping, restaurants and all the amenities
Newton has to offer.
Unit Size
2,449 Ft²
Days on Market
-
Land Size
-
Price per sqft
$280
Property Type
Condo
Property Taxes
-
HOA Dues
$350
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: 6 months ago (MLSPIN #72663980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2020 | Sold | ||
| Sold | |||
| May 28, 2020 | Listed by Barrett Sotheby's International Realty | $685,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| | |||
|
Wonderful opportunity to customize and renovate in desirable neighborhood in Farlow Hill/Newton Corner. Two level condo, bright, airy LR with fireplace, Spacious DR/kitchen with charming open floor plan and small porch for an herb garden. Good storage and counter space plus five burner gas cook top. Two bedrooms, small office, and full bath complete this floor. Second level has two bedrooms, bath with shower stall and some extra space for play or study. Bonus room and laundry in the basement. Separate utilities. One car garage for regular sized car and one tandem outside space. Condo needs updating and buyers are encouraged to bring contractors. Terrific value for the area, great location for schools, commuting, shopping, restaurants and all the amenities Newton has to offer.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bonus Room, Office
Appliances: Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Flooring Type: Tile, Hardwood
Door Features: Storm Door(s)
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 9
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2449
Security Features: Security System
Year Built Source: Public Records
Year Built: 1950
Building Area Total: 2449
Building Area Units: Square Feet
Window Features: Insulated Windows, Skylight
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Steam, Oil, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Grounds, Snow Removal
HOA Fee: $350
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 |
|---|---|---|---|---|---|---|---|
|
05/28/2020
|
5 Bed
|
3 Bath
|
2449 ft²
|
$685,000
5 Bed
3 Bath
2449 ft²
|
$640,000
-6.57%
11/09/2020
|
Mark Carter
Barrett Sotheby's International Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017