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Arlington 02474 Arlington Center
74 & 0 Oak Hill Dr.
$1,562,000
● House - Off Market

74 & 0 Oak Hill Dr.

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
1 Bath
$1,566,627
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

THIS LISTING IS A COMBINATION OF MLS #72906065 & MLS #72906067
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946

Payment Calculator

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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: 5 years ago (MLSPIN #72908958)

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold
Premium
Sold
Dec 17, 2021 Sold
Premium
Sold
Oct 8, 2021 Listed by Old New England Properties $1,398,000
Listed by Old New England Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,146
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,309
  • Total Building Area: 3,488
  • Gross Building Area: 5,209
  • Building Area: 3,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 3,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000214
  • 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: 55415
  • Parcel: ARLI M:087.0 B:0007 L:0006
  • Block: 7
  • Lot: 6
  • Municipality: ARLINGTON
  • Latitude: 42.4233
  • Longitude: -71.1579

    Address

  • Full Address: 74 Oak Hill Dr
  • Address - House Number: 74
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Arlington
  • Carrier Code: C039
  • 4-Digit Zip Code: 2915
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,533,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 1,319,005
  • High Value: 1,554,669
  • Low Value: 1,083,341

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,448,000
  • Assessed Land Value: $559,400
  • Assessed Improvements Value: $888,600

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81929
  • Previous Sale Recording Date: Dec 17, 2021
  • Previous Sale Contract Date: Dec 17, 2021
  • Previous Sale Amount: $1,562,000
  • Previous Sale Document Type: 54

    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 Arlington Center

Stats & Trends

Median Asking:

$1,247,500

Sale Price/ft²

$594

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2255 ft²

Average Home Age

84.4 years

Currently For Sale

24 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: 5 years ago
Data Source: MLS PIN, MLS# 72908958

Frequently Asked Questions

When was property at 74 Oak Hill Drive built and last sold?
The property at 74 Oak Hill Drive was built in 1946 and last sold on Jul 25, 2023 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 74 Oak Hill Drive is $0.
What are some comparable homes to 74 Oak Hill Drive?
There are currently no comparable homes to 74 Oak Hill Drive.
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