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Arlington 02474 Arlington Heights
55 Westminster Avenue
$276,000
● House - Off Market

55 Westminster Avenue

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,650 Ft²
$940,947
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

SPACIOUS FAMILY HOME QUALITY BUILT BY OWNER BUILDER. GREAT PORCHES OFF KITCHEN MASTER BDRM INCL FULL SHOWER BATH FULLY INSULATED-CLOSE TO HGTS-ARL RESERVOIR & BIKE PATH. POSS IN LAW. OWNER NEEDS TIME TO FIND SUITABLE HSG. JULY 1999
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$175
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30308700)

Price History

Date / Event Date Event Price
Sep 1, 1999 Sold
Premium
Sold
Apr 9, 1999 Listed by Coldwell Banker Residential Brokerage - Arlington 325 Broadway $289,000
Listed by Coldwell Banker Residential Brokerage - Arlington 325 Broadway

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,425
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,889
  • Total Building Area: 2,304
  • Gross Building Area: 3,497
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 40280
  • Parcel: ARLI M:060.0 B:0007 L:0012
  • Block: 7
  • Lot: 12
  • Municipality: ARLINGTON
  • Latitude: 42.4273
  • Longitude: -71.1839

    Address

  • Full Address: 55 Westminster Ave
  • Address - House Number: 55
  • Address - Street Name: Westminster
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C057
  • 4-Digit Zip Code: 2732
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $845,800

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,025,944
  • High Value: 1,203,016
  • Low Value: 848,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $798,700
  • Assessed Land Value: $496,900
  • Assessed Improvements Value: $301,800

    Sales

  • Current Sale Recording Date: Sep 01, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
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:

$1,085,000

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3413 ft²

Average Home Age

51.8 years

Currently For Sale

23 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30308700

Frequently Asked Questions

When was property at 55 Westminster Avenue built and last sold?
The property at 55 Westminster Avenue was built in 1955 and last sold on Jan 1, 1970 for $276,000.
How much is this home worth?
The estimated value of the home located at 55 Westminster Avenue is $0.
What are some comparable homes to 55 Westminster Avenue?
There are currently no comparable homes to 55 Westminster Avenue.
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