$349,000
●
Condo -
Off Market
5 Damon Park #2
Arlington, MA 02474
2 Beds
1 Bath
950 Ft²
$604,831
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 Ctr. and East Arlington). Situated on a private way, with
garage and overnight street parking. Large walk up attic with
amazing expansion potential. The property has a brand new heating
system, freshly finished hardwood floors, and a new hot water
heater. 1st Open this weekend; Saturday 9/24 (Arlington Town Day)
300 - 430 and Sunday 9/25 100 - 300
Unit Size
950 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$357
Property Type
Condo
Property Taxes
$463
HOA Dues
$118
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 #70265790)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2005 | Sold | ||
| Sold | |||
| Sep 23, 2005 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $339,000 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Level: Second
Level: Second
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: 2
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
Parcel Number: 321522
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: $118
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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