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Arlington 02474 East Arlington
61 Princeton Road
$790,000
● House - Off Market

61 Princeton Road

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,470 Ft²
$1,082,360
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

East Arlington, This quaint 3 bedroom Cape is located in the desirable private neighborhood of Kewlyn Manor Park.  Minutes to the bike path, easy access to Rte 2 and the Alewife T-Station (1 mile away!).  This home offers; large living room with wood burning fireplace and gorgeous hardwood floors, 3 season porch off eat-in-kitchen with sliders leading to a level fenced in yard.  Separate dining room with built-in china closet.  Large bedroom on the first floor offering flexibility.  Two bedrooms on the second floor and a bonus room in the lower level.  One car attached garage plus off street parking.  This home has great potential and is located in a neighborhood that gives you the best of city living in a suburban neighborhood setting.  A must see to appreciate all this home and neighborhood has to offer.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$517
Property Type
House
Property Taxes
$812
HOA Dues
-
Year Built
1940

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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 #72581717)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold
Premium
Sold
Oct 16, 2019 Listed by Wal-Lex Realty $759,900
Listed by Wal-Lex Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 840
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,761
  • Total Building Area: 1,470
  • Gross Building Area: 2,846
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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: 356703

Zoning

  • Zoning: R1

Geography

  • Account Number: 13112
  • Parcel: ARLI M:018.0 B:0006 L:0013
  • Block: 6
  • Lot: 13
  • Municipality: ARLINGTON
  • Latitude: 42.4047
  • Longitude: -71.1529

    Address

  • Full Address: 61 Princeton Rd
  • Address - House Number: 61
  • Address - Street Name: Princeton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C015
  • 4-Digit Zip Code: 8252
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $957,700

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,005,520
  • High Value: 1,182,303
  • Low Value: 828,736

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $904,300
  • Assessed Land Value: $653,900
  • Assessed Improvements Value: $250,400

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1829764
  • Previous Sale Recording Date: Mar 10, 2005
  • Previous Sale Document Type: 48
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 East Arlington

Stats & Trends

Median Asking:

$1,042,500

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1932 ft²

Average Home Age

89.4 years

Currently For Sale

19 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

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,213 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
205 Walden St #The Seville, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72581717

Frequently Asked Questions

When was property at 61 Princeton Road built and last sold?
The property at 61 Princeton Road was built in 1940 and last sold on Nov 26, 2019 for $790,000.
How much is this home worth?
The estimated value of the home located at 61 Princeton Road is $776,715.
What are some comparable homes to 61 Princeton Road?
There are currently no comparable homes to 61 Princeton Road.
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