$805,000
●
Condo -
Off Market
56 Broadway #1
Arlington, MA
3 Beds
3 Baths
1,738 Ft²
$1,150,760
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Move immediately into this stunning 2016 gut-renovated condo
located in highly desirable East Arlington and never look back!
This home was meticulously renovated with luxury finishes and the
utmost attention to detail. The open concept living space on both
floors is perfect for entertaining and the smart floor plan offers
a great separation of space throughout. You'll be amazed by how
open and airy the entire unit feels while offering 2 deeded
off-street parking spaces as well! Central air, tankless hot water
heater, in-unit laundry, wet bar in the lower level, and additional
private storage round off this special property. Centrally located
near Arlington Center, public transportation, highway access and
local area amenities! Don't miss your chance to make this wonderful
investment!
Unit Size
1,738 Ft²
Days on Market
-
Land Size
-
Price per sqft
$431
Property Type
Condo
Property Taxes
$655
HOA Dues
$200
Year Built
-
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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: 5 years ago (MLSPIN #72292757)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2018 | Sold | ||
| Sold | |||
| Mar 13, 2018 | Listed by Coldwell Banker Realty - Arlington | $749,900 | |
| Listed by Coldwell Banker Realty - Arlington | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 9
Length: 16
Features: Flooring - Hardwood, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances
Area: 144
Level: First
Area: 40
Width: 5
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 8
Area: 64
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 8
Level: First
Width: 8
Level: First
Features: Closet, Flooring - Hardwood
Width: 11
Length: 12
Area: 132
Width: 7
Features: Flooring - Hardwood, Open Floorplan
Length: 14
Level: First
Area: 98
Features: Closet, Flooring - Hardwood
Width: 9
Length: 10
Area: 90
Level: First
Length: 13
Level: First
Area: 156
Features: Flooring - Hardwood, Open Floorplan
Width: 12
Length: 29
Level: Basement
Features: Flooring - Hardwood, Wet Bar
Width: 22
Area: 638
Width: 6
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Basement
Area: 48
Length: 8
Features: Bathroom - Full, Closet, Flooring - Hardwood
Level: First
Length: 12
Width: 11
Area: 132
Features: Yes
Full Bathrooms: 3
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Gas Water Heater, Tank Water Heaterless
Flooring Type: Wood
Laundry Features: In Basement, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: M:026.A B:0002 L:0056.1, 5004206
Water Source: Public
Financial Details
Tax Assessed Value: $647,600
Tax Annual Amount: $7,855
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017