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Arlington 02474 Arlington Heights
41 Westminster
Photo of 41 Westminster
Sold on Mar 10, 2023

7

Map

Photo of 41 Westminster
Photo of 41 Westminster
$1,760,000
● House - Off Market

41 Westminster

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,436 Ft²
$1,853,240
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

So you want New Construction with cedar siding, copper gutters and wood windows?  Look no further! This Classic style home has all the modern conveniences in a historic district.  Come in and enjoy the sunlight and the views from every window. Open floor plan with fireplaced Living Room, Dining Room and Cooks kitchen with quartz island and ss appliances. Home office and Pantry finish first floor.  Main Suite with walk-in closet and huge bath.  2 more bedrooms, family bath and laundry.  3rd floor with bed and bath and bonus room. Mahogany deck for outdoor entertaining. A Walk  score of 84 and only 10 minutes to Trader Joes and all the Heights has to offer. Direct access to 10 acres of Mt. Gilboa conservation land and only a short walk from the newly renovated Reservoir!!! Move in, Relax and enjoy your new home!!
Unit Size
3,436 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$524
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2023

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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: 2 years ago (MLSPIN #73073376)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Feb 1, 2023 In contract -
In contract
Jan 25, 2023 Listed $1,799,000
Listed
Nov 16, 2020 Sold
Premium
Sold
Jul 3, 1975 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 437
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,657
  • Total Building Area: 3,189
  • Gross Building Area: 4,320
  • Building Area: 3,189
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 3,189
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • 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: 210880
  • Parcel: ARLI M:060.0 B:0007 L:0009
  • Block: 7
  • Lot: 9
  • Municipality: ARLINGTON
  • Latitude: 42.4267
  • Longitude: -71.1825

    Address

  • Full Address: 41 Westminster Ave
  • Address - House Number: 41
  • Address - Street Name: Westminster
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C057
  • 4-Digit Zip Code: 2732
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,620,300

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 1,886,123
  • High Value: 2,032,093
  • Low Value: 1,740,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,530,000
  • Assessed Land Value: $592,700
  • Assessed Improvements Value: $937,300

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24197
  • Previous Sale Recording Date: Nov 16, 2020
  • Previous Sale Contract Date: Nov 06, 2020
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,085,000

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3363 ft²

Average Home Age

53.8 years

Currently For Sale

24 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73073376

Frequently Asked Questions

When was property at 41 Westminster Avenue built and last sold?
The property at 41 Westminster Avenue was built in 2023 and last sold on Mar 10, 2023 for $1,760,000.
How much is this home worth?
The estimated value of the home located at 41 Westminster Avenue is $1,818,288.
What are some comparable homes to 41 Westminster Avenue?
There are currently no comparable homes to 41 Westminster Avenue.
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