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Arlington 02474 Arlington Heights
8 Philemon St
$500,000
● House - Off Market

8 Philemon St

Arlington, MA 02474
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,326 Ft²
$818,024
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Not to be missed - this 2 bedroom home is move-in ready.  Located on the Arlington/Winchester/Lexington line, you have easy access to parks, schools and all that Arlington has to offer.  This adorable ranch has many unique features including a large fireplaced living room, a large family room, eat-in kitchen, updated bath, and an additional fireplaced bonus room in the walk-out basement.  Enjoy the spacious yard from your private deck off of the living room.  Buying your first home or downsizing, this could be the home for you.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$369
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1951

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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 #71999910)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
May 5, 2016 Listed by Coldwell Banker Residential Brokerage - Arlington $489,000
Listed by Coldwell Banker Residential Brokerage - Arlington

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,082
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,298
  • Gross Building Area: 2,452
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 71068
  • Parcel: ARLI M:112.0 B:0003 L:0008.A
  • Block: 3
  • Lot: 8.A
  • Municipality: ARLINGTON
  • Latitude: 42.4353
  • Longitude: -71.1812

    Address

  • Full Address: 8 Philemon St
  • Address - House Number: 8
  • Address - Street Name: Philemon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C044
  • 4-Digit Zip Code: 1353
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $735,300

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 831,627
  • High Value: 960,655
  • Low Value: 702,599

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $694,300
  • Assessed Land Value: $482,800
  • Assessed Improvements Value: $211,500

    Sales

  • Current Sale Recording Date: Jun 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 107964
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

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71999910

Frequently Asked Questions

When was property at 8 Philemon Street built and last sold?
The property at 8 Philemon Street was built in 1951 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 8 Philemon Street is $511,307.
What are some comparable homes to 8 Philemon Street?
There are currently no comparable homes to 8 Philemon Street.
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