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Arlington 02474 Arlington Heights
40 Bow St.
$720,000
● House - Off Market

40 Bow St.

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,610 Ft²
$1,035,883
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Charming Cape abutting the Minuteman Bike Trail with 9 rooms, 4 bedrooms and 2 full baths. The first floor has a fireplace living room, kitchen, dining room, bedroom, office, full bath and an spectacular open two story family room with floor to ceiling windows overlooking the bike trail. The second level has 3 bedrooms, a full bath and an open loft area off the master bedroom which overlooks the family room.  Many updates include windows, roof (2011), electric and lining of chimney.  Kitchen remodeled in 2014. Outstanding location close to Arlington Heights, public transportation, playgrounds and the recently rebuilt Peirce School.  Showing start at open house on Saturday 12 - 1:30.
Unit Size
2,610 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$249
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1954

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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 #72117694)

Price History

Date / Event Date Event Price
Apr 11, 2017 Sold
Premium
Sold
Feb 9, 2017 Listed by Bowes Real Estate Real Living $649,000
Listed by Bowes Real Estate Real Living
Aug 1, 1980 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,709
  • Total Building Area: 2,610
  • Gross Building Area: 3,592
  • Building Area: 2,610
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,610
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 38426
  • Parcel: ARLI M:058.0 B:0004 L:0006
  • Block: 4
  • Lot: 6
  • Municipality: ARLINGTON
  • Latitude: 42.4261
  • Longitude: -71.1771

    Address

  • Full Address: 40 Bow St
  • Address - House Number: 40
  • Address - Street Name: Bow
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C036
  • 4-Digit Zip Code: 2715
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $948,400

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,155,875
  • High Value: 1,360,117
  • Low Value: 951,633

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $895,600
  • Assessed Land Value: $432,100
  • Assessed Improvements Value: $463,500

    Sales

  • Current Sale Recording Date: Apr 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52902
  • Previous Sale Recording Date: Aug 01, 1980
  • Previous Sale Amount: $65,900
  • 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:

$1,095,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72117694

Frequently Asked Questions

When was property at 40 Bow Street built and last sold?
The property at 40 Bow Street was built in 1954 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 40 Bow Street is $699,488.
What are some comparable homes to 40 Bow Street?
There are currently no comparable homes to 40 Bow Street.
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