$325,800
●
Condo -
Off Market
5 Damon Pk #1
Arlington, MA 02474
2 Beds
1 Bath
950 Ft²
$579,853
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model
About This Property
Great two bedroom condo in excellent location(very close to
Arlington Center and East Arlington).Situated on a private way,
with garage and overnight street parking.This property has a brand
new heating system. freshly finished hardwood floors, and a new hot
water heater.Large backyard. 1st Open this weekend: Saturday 9/24(
Arlington Town Day)3:00-4:30 and Sunday 9/25 1:00-3:00
Unit Size
950 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$342
Property Type
Condo
Property Taxes
$463
HOA Dues
$113
Year Built
-
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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 #70265779)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2014 | Sold | ||
| Sold | |||
| Mar 31, 2014 | Listed by Keller Williams Realty Boston Northwest | $299,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
OPEN HOUSE CANCELLED - UNDER AGREEMENT! Move-in ready condo on a private way, just a 6-minute walk from Arlington Center! Features a very large & level backyard, attached garage parking with automatic opener, hardwood floors, replacement windows, stainless steel appliances and granite counters. Extra storage and laundry in the basement. Private way status means overnight parking is not prohibited. Pet-friendly building.
| |||
| Apr 18, 2012 | Sold | ||
| Sold | |||
| Feb 22, 2012 | Listed by The Higgins Group REALTORS® | $289,000 | |
| Listed by The Higgins Group REALTORS® | |||
| | |||
|
2 BR - Excellent location...close to Arlington Center, public transportation, bike path, shops, restaurants. Large fenced in yard and a pet friendly condo. Includes garage parking. Features updated kitchen with granite counters, brand new stainless appliances, refinished hardwood floors throughout living, dinning and bedrooms. Fantastic layout. Newer roof, heating system and hot water heater.
| |||
| Sep 7, 2011 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Hardwood
Level: First
Level: First
Features: Flooring - Hardwood
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood
Laundry Features: In Basement
Rooms: 5
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone
Lead Paint: Certified Treated
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: r2
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $507,600
Tax Annual Amount: $5,553
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $113
Community Features: Public Transportation, Shopping, Walk/Jog Trails
Management: No Management
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/31/2014
|
2 Bed
|
1 Bath
|
788 ft²
|
$299,000
2 Bed
1 Bath
788 ft²
|
$310,000
+3.68%
04/28/2014
|
Carey Gatto
Prudential Buccelli Real Estate, Inc.
| |
|
02/22/2012
|
2 Bed
|
1 Bath
|
858 ft²
|
$289,000
2 Bed
1 Bath
858 ft²
|
$275,000
-4.84%
04/18/2012
|
Susan Gilbert Phillips
The Higgins Group REALTORS®
| |
|
04/07/2011
|
2 Bed
|
1 Bath
|
858 ft²
|
$285,000
2 Bed
1 Bath
858 ft²
|
$280,000
-1.75%
09/07/2011
|
Yvonne Logan
Keller Williams Realty Boston Northwest
| |
|
09/23/2005
|
2 Bed
|
1 Bath
|
950 ft²
|
$339,000
2 Bed
1 Bath
950 ft²
|
$349,000
+2.95%
11/18/2005
|
Felicity Tuttle
Better Homes and Gardens Real Estate - The Shanahan Group
| |
|
09/23/2005
|
2 Bed
|
1 Bath
|
950 ft²
|
$325,000
2 Bed
1 Bath
950 ft²
|
$325,800
+0.25%
11/14/2005
|
Leta Letton
Bowes Pennell & Thompson GMAC
| |
|
05/23/1997
| |
4 Bed
|
2 Bath
|
-
|
$284,500
4 Bed
2 Bath
|
$283,000
-0.53%
08/22/1997
|
Robert Bowes
Gibson Sotheby's International Realty
|
Building Info
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