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Arlington 02474 Brattle
41 Gorham St
$760,000
● House - Off Market

41 Gorham St

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$782,627
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

This sweet, well maintained 3 bedroom Cape has been lovingly cared for and is ready for its new owners! Located on a quiet, tree lined street convenient to public transportation, the bike path, and many parks, shops and restaurants. This home features freshly finished, gleaming hardwood floors and interior painting throughout. The 1st level features a formal living room with fireplace, large bay window and ductless mini split AC, dining room, eat in kitchen with side entry, 1st floor bedroom and full bathroom. The 2nd level features 2 bedrooms and an additional full bathroom. The basement is partially finished and offers great bonus space as well as storage area. Replacement windows throughout. Level back yard perfect for enjoying the outdoors! A perfect place to call home!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$399
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1959

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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 #72885659)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by Gibson Sotheby's International Realty $689,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,787
  • Total Building Area: 1,728
  • Gross Building Area: 2,344
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 356601

Zoning

  • Zoning: R1

Geography

  • Account Number: 57510
  • Parcel: ARLI M:090.0 B:0001 L:0008
  • Block: 1
  • Lot: 8
  • Municipality: ARLINGTON
  • Latitude: 42.4266
  • Longitude: -71.1699

    Address

  • Full Address: 41 Gorham St
  • Address - House Number: 41
  • Address - Street Name: Gorham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C024
  • 4-Digit Zip Code: 1452
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $787,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 894,284
  • High Value: 1,051,511
  • Low Value: 737,057

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,000
  • Assessed Land Value: $456,500
  • Assessed Improvements Value: $287,500

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 208618
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 Brattle

Stats & Trends

Median Asking:

$1,011,500

Sale Price/ft²

$645

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2433 ft²

Average Home Age

62.3 years

Currently For Sale

18 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: 5 years ago
Data Source: MLS PIN, MLS# 72885659

Frequently Asked Questions

When was property at 41 Gorham Street built and last sold?
The property at 41 Gorham Street was built in 1959 and last sold on Sep 17, 2021 for $760,000.
How much is this home worth?
The estimated value of the home located at 41 Gorham Street is $0.
What are some comparable homes to 41 Gorham Street?
There are currently no comparable homes to 41 Gorham Street.
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