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$310,000
● House - Off Market

409 Summer

Arlington, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,609 Ft²
$697,725
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Great opportunity to live in this ranch style home surrounded by nature and views of Arlington's hillsides.  If you don't mind climbing stairs you will be delighted with the flexible space and privacy this home has to offer. Lower level au pair with seperete entrance, 2 car parking...Short walk to public transportation, bike trail, park and schools. No need to join the gym...live here and get in shape!
Unit Size
1,609 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$202
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
-

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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: 5 years ago (MLSPIN #71382467)

Price History

Date / Event Date Event Price
Jul 30, 2012 Sold
Premium
Sold
May 14, 2012 Listed by Leading Edge Real Estate $325,000
Listed by Leading Edge Real Estate

Property Highlights

Parking Available
Fireplace
Interior Details
Level: First
Width: 10
Length: 8
Area: 80
Level: Basement
Level: First
Width: 11
Length: 10
Area: 110
Width: 13
Length: 13
Level: First
Area: 169
Length: 12
Level: First
Area: 216
Width: 18
Level: First
Length: 10
Width: 13
Area: 130
Length: 5
Level: Basement
Area: 45
Width: 9
Level: First
Full Bathrooms: 2
Interior Features: Home Office
Laundry Features: In Basement
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Partially Finished
Parking Details
Parking Features: Off Street
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: R1
Parcel Number: 324506
Water Source: Public
Financial Details
Tax Assessed Value: $384,900
Tax Annual Amount: $4,777
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Electric Baseboard, Oil
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Public School

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71382467
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