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Arlington 02474 Arlington Center
8 Richfield Rd
$646,000
● House - Off Market

8 Richfield Rd

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,518 Ft²
$1,169,205
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Picture Perfect Colonial in Bishop District.  First Floor features nice entry, front to back living room with fireplace, formal dining room and a wonderful kitchen that was replaced 4 years ago, featuring custom white cabinets, granite counters, etc.  All appliances are 4 years old.   Three seasons porch with sliders and floating floor updated 5 years ago offers wonderful views of the meticulously maintained yard.  Property was professionally landscaped  5 years ago and has been professionally maintained. The second floor features 3 bedrooms and a lovely bathroom that was replaced 4 year ago.  The exterior was repainted 1 year ago.  There is a one car detached garage and additional parking in the driveway.  Offers will be presented to the Owner on Monday, September 22nd @ 2 pm.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$421
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1928

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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 #71745502)

Price History

Date / Event Date Event Price
Nov 25, 2014 Sold
Premium
Sold
Sep 18, 2014 Listed by Bowes Real Estate Real Living $639,000
Listed by Bowes Real Estate Real Living

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 744
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,732
  • Total Building Area: 1,518
  • Gross Building Area: 3,138
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • 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: 42162
  • Parcel: ARLI M:066.0 B:0002 L:0002
  • Block: 2
  • Lot: 2
  • Municipality: ARLINGTON
  • Latitude: 42.421
  • Longitude: -71.1548

    Address

  • Full Address: 8 Richfield Rd
  • Address - House Number: 8
  • Address - Street Name: Richfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C049
  • 4-Digit Zip Code: 3010
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $877,900

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,036,508
  • High Value: 1,219,659
  • Low Value: 853,358

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $829,000
  • Assessed Land Value: $473,600
  • Assessed Improvements Value: $355,400

    Sales

  • Current Sale Recording Date: Nov 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 182126
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: 4 months ago
Data Source: MLS PIN, MLS# 71745502

Frequently Asked Questions

When was property at 8 Richfield Road built and last sold?
The property at 8 Richfield Road was built in 1928 and last sold on Jan 1, 1970 for $646,000.
How much is this home worth?
The estimated value of the home located at 8 Richfield Road is $660,320.
What are some comparable homes to 8 Richfield Road?
There are currently no comparable homes to 8 Richfield Road.
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