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Arlington 02474 Arlington Heights
7 Aerial St
$440,000
● House - Off Market

7 Aerial St

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,472 Ft²
$920,436
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

This classic colonial is conveniently located on a Cul-de-sac in Arlington Heights within a short distance to The Minuteman Bike Path, area amenities, schools, parks, transportation and major routes.  Hardwood floors throughout, crown molding on first floor and bonus walk-up attic.  The light filled first floor bedroom with private full bath can be used as a family room/office.  Recently painted inside and out and updated windows, this home offers a private yard with patio off the kitchen.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$309
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #71382927)

Price History

Date / Event Date Event Price
Aug 1, 2012 Sold
Premium
Sold
May 15, 2012 Listed by Gibson Sotheby's International Realty $455,000
Listed by Gibson Sotheby's International Realty
Aug 26, 2002 Sold
Premium
Sold
Jun 6, 2002 Listed by Gibson Sotheby's International Realty $399,900
Listed by Gibson Sotheby's International Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,123
  • Total Building Area: 1,472
  • Gross Building Area: 2,188
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000072
  • 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: 61480
  • Parcel: ARLI M:094.0 B:0002 L:0028
  • Block: 2
  • Lot: 28
  • Municipality: ARLINGTON
  • Latitude: 42.4295
  • Longitude: -71.1743

    Address

  • Full Address: 7 Aerial St
  • Address - House Number: 7
  • Address - Street Name: Aerial
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C036
  • 4-Digit Zip Code: 1423
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $838,600

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 958,281
  • High Value: 1,114,093
  • Low Value: 802,469

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $791,900
  • Assessed Land Value: $416,100
  • Assessed Improvements Value: $375,800

    Sales

  • Current Sale Recording Date: Aug 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000016
  • Previous Sale Recording Date: Aug 26, 2002
  • Previous Sale Amount: $405,100
  • Previous Sale Document Type: 27
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:

$1,097,500

Sale Price/ft²

$565

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3300 ft²

Average Home Age

44.9 years

Currently For Sale

23 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71382927

Frequently Asked Questions

When was property at 7 Aerial Street built and last sold?
The property at 7 Aerial Street was built in 1926 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 7 Aerial Street is $474,496.
What are some comparable homes to 7 Aerial Street?
There are currently no comparable homes to 7 Aerial Street.
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