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Arlington 02476 Arlington Heights
61 Cedar Avenue
$600,000
● House - Off Market

61 Cedar Avenue

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,825 Ft²
$1,120,696
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Bright & spacious 1930's side-entrance Col. located in Arlington Heights. Close to Park Circle bus & Robbins Farm. Inviting LR w/ FP, bow window, adj. sun room/office, generous DR w/ built-in, large rear family room addition, up-dated kitchen & ½ bath with laundry all on 1st floor. 2nd floor has 3 corner bedrooms & a full  bath. Pull down stairs to attic for storage. HW; lots of original gumwood; newer windows, 200 roof, 1 car garage under. Home has been in the same family since it was built
Unit Size
1,825 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$323
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1930

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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 #71518642)

Price History

Date / Event Date Event Price
Jul 2, 2013 Sold
Premium
Sold
May 2, 2013 Listed by Coldwell Banker Residential Brokerage - Arlington $589,000
Listed by Coldwell Banker Residential Brokerage - Arlington

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 834
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,731
  • Total Building Area: 2,567
  • Gross Building Area: 3,144
  • Building Area: 2,567
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,567
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: 100722
  • Parcel: ARLI M:152.0 B:0006 L:0002
  • Block: 6
  • Lot: 2
  • Municipality: ARLINGTON
  • Latitude: 42.4162
  • Longitude: -71.1791

    Address

  • Full Address: 61 Cedar Ave
  • Address - House Number: 61
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C043
  • 4-Digit Zip Code: 7427
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,176,200

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,300,462
  • High Value: 1,530,453
  • Low Value: 1,070,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,110,700
  • Assessed Land Value: $539,500
  • Assessed Improvements Value: $571,200

    Sales

  • Current Sale Recording Date: Jul 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000014
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: 4 months ago
Data Source: MLS PIN, MLS# 71518642

Frequently Asked Questions

When was property at 61 Cedar Avenue built and last sold?
The property at 61 Cedar Avenue was built in 1930 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 61 Cedar Avenue is $623,538.
What are some comparable homes to 61 Cedar Avenue?
There are currently no comparable homes to 61 Cedar Avenue.
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