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Arlington 02474 Arlington Heights
56 Newland Road
$487,500
● House - Off Market

56 Newland Road

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,674 Ft²
$1,055,475
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

BEST VALUE!!-Step into this 1928 colonial and feel the charm of that era yet with beautiful updates. There is a lovely "hopechest bench", Jack & Jill stairs, Oversize Dining Rm with  china cabinet-hardwood floors throughout-Large,fireplce LR, 3 season playroom, newer kitchen with Jenn-air stove and  updated appliances. Second floor has 4 bedrooms,newer bath and walk-up attic.  Sits on a manicured lot with uground sprinklers, det. 2-car Garage and lovely yard. Steps to Peirce Sch. bike path, bus!
Unit Size
1,674 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$291
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1923

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #71289096)

Price History

Date / Event Date Event Price
Dec 29, 2011 Sold
Premium
Sold
Sep 16, 2011 Listed by Sweeney & OConnell $487,500
Listed by Sweeney & OConnell

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 810
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,349
  • Total Building Area: 1,674
  • Gross Building Area: 3,507
  • Building Area: 1,674
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,674
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK
  • Land Acres: 0000000123
  • 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: 52409
  • Parcel: ARLI M:083.0 B:0007 L:0018
  • Block: 7
  • Lot: 18
  • Municipality: ARLINGTON
  • Latitude: 42.4281
  • Longitude: -71.1785

    Address

  • Full Address: 56 Newland Rd
  • Address - House Number: 56
  • Address - Street Name: Newland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C057
  • 4-Digit Zip Code: 2606
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $925,900

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,060,731
  • High Value: 1,248,162
  • Low Value: 873,301

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $874,300
  • Assessed Land Value: $447,000
  • Assessed Improvements Value: $427,300

    Sales

  • Current Sale Recording Date: Dec 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000023
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

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3213 ft²

Average Home Age

53.6 years

Currently For Sale

27 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71289096

Frequently Asked Questions

When was property at 56 Newland Road built and last sold?
The property at 56 Newland Road was built in 1923 and last sold on Jan 1, 1970 for $487,500.
How much is this home worth?
The estimated value of the home located at 56 Newland Road is $514,129.
What are some comparable homes to 56 Newland Road?
There are currently no comparable homes to 56 Newland Road.
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