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Arlington 02474 Arlington Center
63 College Ave
$859,000
● House - Off Market

63 College Ave

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,839 Ft²
$1,140,311
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

More than 100k worth of updates! Countless quality renovations with minute attention to details. Hard to find spacious, bright ranch in fabulous location. First floor offers gracious living room with fireplace, three spacious bedrooms and full updated bathroom along with gleaming hardwood floors and spacious kitchen. Lower level includes family room, laundry and additional updated full bath. Newly installed roof. One of the rare houses with two car garage spacious enough to fit in two full size SUVs with additional storage. Walk to Bishop Elementary school and enjoy everything East Arlington has to offer. Close to MBTA (350), Commuter Rail and all major roads (Rt 3, 60, 16 AND Rt 2).
Unit Size
1,839 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$467
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
1957

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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: 6 months ago (MLSPIN #72656760)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
May 15, 2020 Listed by Redfin Corp. $859,000
Listed by Redfin Corp.
Aug 29, 2013 Sold
Premium
Sold
Jun 14, 2013 Listed by Redfin Corp. $532,000
Listed by Redfin Corp.
Sep 15, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,226
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,311
  • Total Building Area: 1,839
  • Gross Building Area: 2,732
  • Building Area: 1,839
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,839
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • 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: R1

Geography

  • Account Number: 48576
  • Parcel: ARLI M:076.0 B:0011 L:0001
  • Block: 11
  • Lot: 1
  • Municipality: ARLINGTON
  • Latitude: 42.4271
  • Longitude: -71.1569

    Address

  • Full Address: 63 College Ave
  • Address - House Number: 63
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C051
  • 4-Digit Zip Code: 1052
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $924,900

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,118,039
  • High Value: 1,292,125
  • Low Value: 943,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $873,400
  • Assessed Land Value: $535,500
  • Assessed Improvements Value: $337,900

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150235
  • Previous Sale Recording Date: Aug 29, 2013
  • Previous Sale Amount: $538,000
  • 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 Center

Stats & Trends

Median Asking:

$1,205,000

Sale Price/ft²

$592

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2181 ft²

Average Home Age

90.4 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

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: 6 months ago
Data Source: MLS PIN, MLS# 72656760

Frequently Asked Questions

When was property at 63 College Avenue built and last sold?
The property at 63 College Avenue was built in 1957 and last sold on Aug 25, 2020 for $859,000.
How much is this home worth?
The estimated value of the home located at 63 College Avenue is $863,515.
What are some comparable homes to 63 College Avenue?
There are currently no comparable homes to 63 College Avenue.
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