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$209,000
● Condo - Off Market

9 Ryder #18

Arlington, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
719 Ft²
$407,366
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Location, location, location.  Bright and sunny two bedroom, one bath condominium in a low rise building conveniently located near Massachusetts Ave, the Minuteman Bikeway, public transportation, and shopping.  This efficiently designed unit features gleaming parquet floors throughout, large living/dining room, built-in cabinetry, open kitchen with gas cooking, extra storage, and one deeded assigned parking space.  There is common laundry in the basement. NO ELEVATOR.  NO PETS PERMITTED.
Unit Size
719 Ft²
Days on Market
-
Land Size
-
Price per sqft
$291
Property Type
Condo
Property Taxes
$236
HOA Dues
$224
Year Built
-

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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 #71490965)

Price History

Date / Event Date Event Price
Jul 1, 2013 Sold
Premium
Sold
Mar 7, 2013 Listed by Barrett Sotheby's International Realty $209,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Air Conditioning
Parking Available
Interior Details
Features: No
Full Bathrooms: 1
Appliances: Range, Disposal, Refrigerator, Freezer
Flooring Type: Wood
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned, Deeded
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 322865
Water Source: Public
Financial Details
Tax Assessed Value: $207,500
Tax Annual Amount: $2,834
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Storage
Association Fee Frequency: Monthly
HOA Fee: $224
Community Features: Public Transportation, Shopping, Park, Bike Path
Pets Allowed: No

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71490965
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