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Arlington 02474 East Arlington
7 Gardner St
$868,000
● House - Off Market

7 Gardner St

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,908 Ft²
$813,932
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to this meticulously maintained 3 bedroom and 2 full bath home in desirable Arlington! The first floor features an open concept living/dining room, three bedrooms, and a classic 50s kitchen and a full bath. Downstairs, you'll find a family room, laundry room, small workshop, and a 3/4 bath. Outside, there's low-maintenance landscaping, a giant fenced-in backyard with vinyl fencing, and a sprinkler system. Home has central air, vinyl siding, and newer roof. Showings to start at the first Open House on 5/21 from 11:00-1:00. Offers due by 5/23 at 2:00 PM.
Unit Size
1,908 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$408
Property Type
House
Property Taxes
$549
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: 4 months ago (MLSPIN #72983480)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Redfin Corp. $779,000
Listed by Redfin Corp.
Dec 28, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,050
  • Total Building Area: 1,393
  • Gross Building Area: 2,108
  • Building Area: 1,393
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,393
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • 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: 356300

Zoning

  • Zoning: R1

Geography

  • Account Number: 22638
  • Parcel: ARLI M:033.0 B:0001 L:0022
  • Block: 1
  • Lot: 22
  • Municipality: ARLINGTON
  • Latitude: 42.4087
  • Longitude: -71.1366

    Address

  • Full Address: 7 Gardner St
  • Address - House Number: 7
  • Address - Street Name: Gardner
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C014
  • 4-Digit Zip Code: 3806
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $726,700

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 925,198
  • High Value: 1,131,211
  • Low Value: 719,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $686,200
  • Assessed Land Value: $457,200
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 131690
  • Previous Sale Recording Date: Dec 28, 1992
  • Previous Sale Amount: $145,700
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,050,000

Sale Price/ft²

$594

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

$3,665 /mo

  • 2 Beds
  • 1 Bath
  • 963 ft²
205 Walden St #The Chilton 2P, Cambridge, MA, 02140 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72983480

Frequently Asked Questions

When was property at 7 Gardner Street built and last sold?
The property at 7 Gardner Street was built in 1957 and last sold on Aug 26, 2022 for $868,000.
How much is this home worth?
The estimated value of the home located at 7 Gardner Street is $811,336.
What are some comparable homes to 7 Gardner Street?
There are currently no comparable homes to 7 Gardner Street.
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