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Arlington 02474 Arlington Center
8 Ivy Circle
$487,500
● House - Off Market

8 Ivy Circle

Arlington, MA 02474
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,030 Ft²
$863,066
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Welcome Home to this lovely two bedroom ranch just minutes from Arlington Center on a cul-de-sac street.  Close to public transportation, the bike path, Bishop School, and the new Whole Foods.  Front deck leads into the spacious, bright living room with working fireplace. Sunny open kitchen with granite counters and adjacent dining room area with large pantry closet. Side door access to a second secluded deck, perfect for relaxing and entertaining. Hardwood floors throughout. . Features also include central AC, gas heat, 1 car garage under, and beautifully maintained  private grounds. Great condo alternative.
Unit Size
1,030 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$442
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1949

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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 #71585696)

Price History

Date / Event Date Event Price
Oct 31, 2013 Sold
Premium
Sold
Sep 19, 2013 Listed by Coldwell Banker Residential Brokerage - Arlington $455,000
Listed by Coldwell Banker Residential Brokerage - Arlington

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 762
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,585
  • Total Building Area: 2,812
  • Gross Building Area: 3,360
  • Building Area: 2,812
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,812
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 128800
  • Parcel: ARLI M:067.A B:0003 L:0019
  • Block: 3
  • Lot: 19
  • Municipality: ARLINGTON
  • Latitude: 42.4214
  • Longitude: -71.1596

    Address

  • Full Address: 8 Ivy Cir
  • Address - House Number: 8
  • Address - Street Name: Ivy
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Arlington
  • Carrier Code: C049
  • 4-Digit Zip Code: 2910
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,327,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,558,553
  • High Value: 1,811,967
  • Low Value: 1,305,139

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,253,700
  • Assessed Land Value: $590,000
  • Assessed Improvements Value: $663,700

    Sales

  • Current Sale Recording Date: Oct 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 231547
  • Previous Sale Recording Date: Oct 31, 2013
  • Previous Sale Amount: $487,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

2392 ft²

Average Home Age

89.1 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: 4 months ago
Data Source: MLS PIN, MLS# 71585696

Frequently Asked Questions

When was property at 8 Ivy Circle built and last sold?
The property at 8 Ivy Circle was built in 1949 and last sold on Jan 1, 1970 for $487,500.
How much is this home worth?
The estimated value of the home located at 8 Ivy Circle is $470,165.
What are some comparable homes to 8 Ivy Circle?
There are currently no comparable homes to 8 Ivy Circle.
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