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Arlington 02474 Arlington Center
5 Pamela Drive
$509,000
● House - Off Market

5 Pamela Drive

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,876 Ft²
$1,105,313
RealtyHop Estimate
117.15%
Since Oct 1, 2002
MA-Boston
Primary Model

About This Property

CUSTOM CAPE/COLONIAL BISHOP SCHOOL, SEASONAL BOSTON SKYLINE VIEWS, COUNTRY SETTING 1ST FL FAMILYROOM WITH WOOD CEILINGS, PALLADIUM WINDOWS, PRIVATE YARD, FIREPLACE LIVRM LARGE 1ST FL BEDROOM OR OFFICE.  FINISHED LOWER LEVEL
Unit Size
1,876 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$271
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1951

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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: 4 months ago (MLSPIN #30629556)

Price History

Date / Event Date Event Price
Oct 2, 2002 Sold
Premium
Sold
Jul 26, 2002 Listed by Bowes Pennell & Thompson GMAC $509,000
Listed by Bowes Pennell & Thompson GMAC
Nov 30, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 704
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 1,964
  • Gross Building Area: 2,470
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 356400

Zoning

  • Zoning: R1

Geography

  • Account Number: 46444
  • Parcel: ARLI M:073.0 B:0002 L:0020
  • Block: 2
  • Lot: 20
  • Municipality: ARLINGTON
  • Latitude: 42.4258
  • Longitude: -71.1582

    Address

  • Full Address: 5 Pamela Dr
  • Address - House Number: 5
  • Address - Street Name: Pamela
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Arlington
  • Carrier Code: C051
  • 4-Digit Zip Code: 2129
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $948,200

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,051,124
  • High Value: 1,235,247
  • Low Value: 867,001

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $895,400
  • Assessed Land Value: $494,400
  • Assessed Improvements Value: $401,000

    Sales

  • Current Sale Recording Date: Oct 02, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 326
  • Previous Sale Recording Date: Nov 30, 1995
  • Previous Sale Amount: $212,500
  • Previous 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 Center

Stats & Trends

Median Asking:

$1,285,000

Sale Price/ft²

$594

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2305 ft²

Average Home Age

86.4 years

Currently For Sale

30 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

Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30629556

Frequently Asked Questions

When was property at 5 Pamela Drive built and last sold?
The property at 5 Pamela Drive was built in 1951 and last sold on Jan 1, 1970 for $509,000.
How much is this home worth?
The estimated value of the home located at 5 Pamela Drive is $544,665.
What are some comparable homes to 5 Pamela Drive?
There are currently no comparable homes to 5 Pamela Drive.
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