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Arlington 02476 Arlington Heights
49 Florence Ave
$910,000
● House - Off Market

49 Florence Ave

Arlington, MA 02476
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,341 Ft²
$5,171
Est. Monthly

About This Property

Welcome to 49 Florence Ave in coveted Arlington Heights! This lovely 5 bedroom, 2 1/2 bath 1880's Victorian home is perfectly situated in Arlington Heights, all within walking distance to Trader Joe's, Starbucks, and many other unique shops and cafes that make the Heights desirable! This charming home exudes a unique appeal, perfect for buyers seeking to make it their own. The spacious living and family rooms, adorned with original marble mantels and soaring ceilings, flow seamlessly into the spacious third floor, ideal for a home office or guest suite! Plenty of off-street parking is available, along with a large 2 car garage. Bonus features include a newer roof, skylight, and upgraded windows!
Unit Size
2,341 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$374
Property Type
House
Property Taxes
$874
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73262650)

Price History

Date / Event Date Event Price
Aug 27, 2024 Sold
Premium
Sold
Jul 25, 2024 In contract -
In contract
Jul 24, 2024 Relisted $875,000
Relisted
Jul 20, 2024 In contract -
In contract
Jul 10, 2024 Listed by Coldwell Banker Realty - Lexington $875,000
Listed by Coldwell Banker Realty - Lexington
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 934
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 2,341
  • Gross Building Area: 3,914
  • Building Area: 2,341
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,341
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: 356602

Zoning

  • Zoning: R1

Geography

  • Account Number: 110383
  • Parcel: ARLI M:167.0 B:0002 L:0011
  • Block: 2
  • Lot: 11
  • Municipality: ARLINGTON
  • Latitude: 42.4201
  • Longitude: -71.1816

    Address

  • Full Address: 49 Florence Ave
  • Address - House Number: 49
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C059
  • 4-Digit Zip Code: 5909
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,048,400

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 1,488,574
  • High Value: 1,841,413
  • Low Value: 1,135,735

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $990,000
  • Assessed Land Value: $566,000
  • Assessed Improvements Value: $424,000

    Sales

  • Current Sale Recording Date: Jul 09, 1992
  • Current Sale Price:
    Premium
  • Current 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:

$1,097,500

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# 73262650

Frequently Asked Questions

When was property at 49 Florence Avenue built and last sold?
The property at 49 Florence Avenue was built in 1880 and last sold on Jan 1, 1970 for $65,000.
How much is this home worth?
The estimated value of the home located at 49 Florence Avenue is $883,750.
What are some comparable homes to 49 Florence Avenue?
There are currently no comparable homes to 49 Florence Avenue.
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