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Arlington 02474 East Arlington
53 Broadway
$515,000
● House - Off Market

53 Broadway

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,009 Ft²
$862,914
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

This unassuming 3 bedroom ranch will knock your socks off once you get inside. Open living room / dining room with high ceilings. Kitchen has butcher block counters and stainless steel appliances. Beautiful hardwood floors throughout the 1st floor. The recently finished basement has thick new carpet and a brand new bath. This house also features natural gas heat/central air to keep you comfortable year round as well as a new backyard patio perfect for entertaining. Easy access to Rt 2 and 93. Just blocks from a new supermarket and the completely redone Thompson elementary School. Come take a look you won't be disappointed.
Unit Size
1,009 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$471
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1957

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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 #71620929)

Price History

Date / Event Date Event Price
May 14, 2014 Sold
Premium
Sold
Jan 8, 2014 Listed by Coldwell Banker Residential Brokerage - Arlington $475,000
Listed by Coldwell Banker Residential Brokerage - Arlington
Aug 1, 2007 Sold
Premium
Sold
May 31, 2007 Listed by Coldwell Banker Residential Brokerage - Arlington $385,000
Listed by Coldwell Banker Residential Brokerage - Arlington
Feb 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,026
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,007
  • Total Building Area: 1,847
  • Gross Building Area: 2,124
  • Building Area: 1,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,847
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON
  • Land Acres: 0000000138
  • 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: 356300

Zoning

  • Zoning: R1

Geography

  • Account Number: 22647
  • Parcel: ARLI M:033.0 B:0001 L:0023
  • Block: 1
  • Lot: 23
  • Municipality: ARLINGTON
  • Latitude: 42.4086
  • Longitude: -71.1367

    Address

  • Full Address: 53 Broadway
  • Address - House Number: 53
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Arlington
  • Carrier Code: C068
  • 4-Digit Zip Code: 5540
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $956,500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,016,059
  • High Value: 1,194,695
  • Low Value: 837,422

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $903,200
  • Assessed Land Value: $534,700
  • Assessed Improvements Value: $368,500

    Sales

  • Current Sale Recording Date: May 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62422
  • Previous Sale Recording Date: Aug 01, 2007
  • Previous Sale Amount: $371,000
  • 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 East Arlington

Stats & Trends

Median Asking:

$1,042,500

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1932 ft²

Average Home Age

89.4 years

Currently For Sale

19 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 205 Walden St, Cambridge, MA, 02140

$2,631 /mo

  • Studio
  • 1 Bath
  • 539 ft²
205 Walden St #The Copley, Cambridge, MA, 02140 Listing by Equity Residential
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# 71620929

Frequently Asked Questions

When was property at 53 Broadway built and last sold?
The property at 53 Broadway was built in 1957 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 53 Broadway is $483,063.
What are some comparable homes to 53 Broadway?
There are currently no comparable homes to 53 Broadway.
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