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Arlington 02474 Brattle
62 Windmill Lane
$766,000
● House - Off Market

62 Windmill Lane

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,487 Ft²
$1,213,989
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Welcome to 62 Windmill Lane. This unique Cape style home is situated on a 13,000+ sq ft lot in the desirable Morningside area and is a chip shot to Winchester Country Club. Deceivingly spacious with over 3,000 sq ft of living space. Offering city and seasonal Mystic Lake views, this home has 3 bedrooms and 2 ½ baths with an open floor plan that is ideal for entertaining. Spacious fireplaced living room and first floor family room overlook the private rear yard. Master bedroom with bath and deck with wonderful views. Enjoy morning coffee or evening dinners on the enclosed rear patio. There is a large lower level play room, lots of built ins and storage areas. Other features include a newer heating system, central air, newer roof, and 2 car garage.  Don't miss this one!
Unit Size
3,487 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$209
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1954

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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 #72049062)

Price History

Date / Event Date Event Price
Sep 22, 2016 Sold
Premium
Sold
Aug 5, 2016 Listed by Century 21 Adams Lawndale $729,000
Listed by Century 21 Adams Lawndale

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,320
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,268
  • Total Building Area: 2,604
  • Gross Building Area: 5,300
  • Building Area: 2,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,604
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • 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: 356400

Zoning

  • Zoning: R0

Geography

  • Account Number: 66396
  • Parcel: ARLI M:103.0 B:0001 L:0015
  • Block: 1
  • Lot: 15
  • Municipality: ARLINGTON
  • Latitude: 42.4327
  • Longitude: -71.161

    Address

  • Full Address: 62 Windmill Ln
  • Address - House Number: 62
  • Address - Street Name: Windmill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Arlington
  • Carrier Code: C035
  • 4-Digit Zip Code: 1909
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,121,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,276,424
  • High Value: 1,501,968
  • Low Value: 1,050,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,058,900
  • Assessed Land Value: $598,000
  • Assessed Improvements Value: $460,900

    Sales

  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 167878
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 Brattle

Stats & Trends

Median Asking:

$1,011,500

Sale Price/ft²

$645

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2289 ft²

Average Home Age

53.8 years

Currently For Sale

13 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 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# 72049062

Frequently Asked Questions

When was property at 62 Windmill Lane built and last sold?
The property at 62 Windmill Lane was built in 1954 and last sold on Jan 1, 1970 for $766,000.
How much is this home worth?
The estimated value of the home located at 62 Windmill Lane is $797,399.
What are some comparable homes to 62 Windmill Lane?
There are currently no comparable homes to 62 Windmill Lane.
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