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Arlington 02476 Arlington Heights
6 Lorne Rd
$795,000
● House - Off Market

6 Lorne Rd

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,616 Ft²
$1,198,406
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

Heights classic with a view!!! Sit on the front porch and enjoy your coffee. Lovingly renovated home with charm and function brings this 1920's to the 21st century! 3 bedroom 2.5 bath with flexible living spaces. Sun filled LR with fireplace leads to open DR and Cooks kitchen.  Perfect for holiday dinners. 2 bedrooms with walk-in closets, or nursery, huge bath and laundry on the upper level.  Need separate home office or au-pair suite?  Lower level to the rescue! Master suite, in-law suite, guest suite, family or media room. Office and bedroom with full bath. Huge 22x10 deck off the kitchen gives addition room for the summer! All new systems. New plumbing, electrical, siding, roof,kitchen, baths and more. Quiet dead end street just steps from Trader Joe's, Mass ave and all the Heights has to offer!
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$494
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1920

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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 #72427950)

Price History

Date / Event Date Event Price
Jan 11, 2019 Sold
Premium
Sold
Nov 29, 2018 Listed by Old New England Properties $799,000
Listed by Old New England Properties
Feb 28, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 1,465
  • Gross Building Area: 2,254
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • 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: R2

Geography

  • Account Number: 115039
  • Parcel: ARLI M:173.0 B:0003 L:0011
  • Block: 3
  • Lot: 11
  • Municipality: ARLINGTON
  • Latitude: 42.4238
  • Longitude: -71.1882

    Address

  • Full Address: 6 Lorne Rd
  • Address - House Number: 6
  • Address - Street Name: Lorne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C048
  • 4-Digit Zip Code: 5758
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $901,100

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,044,500
  • High Value: 1,229,223
  • Low Value: 859,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $850,900
  • Assessed Land Value: $417,000
  • Assessed Improvements Value: $433,900

    Sales

  • Current Sale Contract Date: Jan 10, 2019
  • Current Sale Recording Date: Jan 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4342
  • Previous Sale Recording Date: Feb 28, 2018
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72427950

Frequently Asked Questions

When was property at 6 Lorne Road built and last sold?
The property at 6 Lorne Road was built in 1920 and last sold on Jan 10, 2019 for $795,000.
How much is this home worth?
The estimated value of the home located at 6 Lorne Road is $815,989.
What are some comparable homes to 6 Lorne Road?
There are currently no comparable homes to 6 Lorne Road.
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