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Arlington 02476 Arlington Heights
87 Grandview Road
$760,000
● House - Off Market

87 Grandview Road

Arlington, MA 02476
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,672 Ft²
$1,144,374
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Opportunity knocks and offers you a home in Robbins Farm neighborhood and the Brackett School district!! Classic Colonial features high ceilings, hardwood flooring, kitchen with pantry, three bedrooms and full bath. Third floor attic space has expansion potential. You will appreciate the gleaming hardwood flooring and wood moldings throughout!  In need of updates; This is a home with "good bones" and  worth the effort. Two car garage in back is situated on a 10,0000 plus square foot lot, truly a rare find!  Don't wait to make this home your own and enjoy easy access to Route 2, Alewife, Menotomy Rocks Park and much more!    Call for private showing.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$478
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1924

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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 years ago (MLSPIN #72517696)

Price History

Date / Event Date Event Price
May 13, 2020 Sold
Premium
Sold
Apr 2, 2020 Listed by Gibson Sotheby's International Realty $1,299,000
Listed by Gibson Sotheby's International Realty
Aug 27, 2019 Sold
Premium
Sold
Jun 12, 2019 Listed by Gibson Sotheby's International Realty $799,900
Listed by Gibson Sotheby's International Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 904
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,833
  • Total Building Area: 2,542
  • Gross Building Area: 3,384
  • Building Area: 2,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,542
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON
  • Land Acres: 0000000249
  • 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: 356601

Zoning

  • Zoning: R1

Geography

  • Account Number: 101277
  • Parcel: ARLI M:152.0 B:0009 L:0009.A
  • Block: 9
  • Lot: 9.A
  • Municipality: ARLINGTON
  • Latitude: 42.4144
  • Longitude: -71.1779

    Address

  • Full Address: 87 Grandview Rd
  • Address - House Number: 87
  • Address - Street Name: Grandview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C065
  • 4-Digit Zip Code: 7431
  • Zip Code: 02476

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,488,500

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,623,899
  • High Value: 1,911,091
  • Low Value: 1,336,707

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,405,600
  • Assessed Land Value: $715,200
  • Assessed Improvements Value: $690,400

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72132
  • Previous Sale Recording Date: Aug 27, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: 54
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:

$1,095,000

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

Unit for rent at 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72517696

Frequently Asked Questions

When was property at 87 Grandview Road built and last sold?
The property at 87 Grandview Road was built in 1924 and last sold on May 12, 2020 for $1,320,000.
How much is this home worth?
The estimated value of the home located at 87 Grandview Road is $0.
What are some comparable homes to 87 Grandview Road?
There are currently no comparable homes to 87 Grandview Road.
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