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Arlington 02476 Arlington Heights
56 Florence Avenue
$567,000
● House - Off Market

56 Florence Avenue

Arlington, MA 02476
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,157 Ft²
$1,766,762
RealtyHop Estimate
210.01%
Since Apr 1, 2000
MA-Boston
Primary Model

About This Property

THIS LOVELY ANTIQUE COLONIAL BUILT IN 1911 IS A MAGNIFICENT HOME. IT EXHIBITS MUCH OF ITS ORIGINAL FINE PERIOD DETAIL AND FEATURES. INCLUDES A BUTLER'S PANTRY, ORGINAL FRENCH DOORS AND 4 WORKING FRPL'S..A TRULY WONDERFUL OFFERING!
Unit Size
3,157 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$181
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1911

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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 #30361927)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed $1,299,000
Listed
Mar 31, 2000 Sold
Premium
Sold
Oct 14, 1999 Listed $569,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,268
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,197
  • Total Building Area: 3,158
  • Gross Building Area: 5,424
  • Building Area: 3,158
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,158
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000441
  • 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: 356602

Zoning

  • Zoning: R1

Geography

  • Account Number: 107912
  • Parcel: ARLI M:162.0 B:0001 L:0016
  • Block: 1
  • Lot: 16
  • Municipality: ARLINGTON
  • Latitude: 42.4195
  • Longitude: -71.181

    Address

  • Full Address: 56 Florence Ave
  • Address - House Number: 56
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C059
  • 4-Digit Zip Code: 5967
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,003,600

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 1,778,290
  • High Value: 2,178,733
  • Low Value: 1,377,846

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,892,000
  • Assessed Land Value: $876,400
  • Assessed Improvements Value: $1,015,600

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 228343
  • Previous Sale Recording Date: Mar 31, 2000
  • Previous Sale Amount: $567,000
  • 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 Arlington Heights

Stats & Trends

Median Asking:

$1,095,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30361927

Frequently Asked Questions

When was property at 56 Florence Avenue built and last sold?
The property at 56 Florence Avenue was built in 1911 and last sold on Oct 18, 2021 for $1,490,000.
How much is this home worth?
The estimated value of the home located at 56 Florence Avenue is $0.
What are some comparable homes to 56 Florence Avenue?
There are currently no comparable homes to 56 Florence Avenue.
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