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Arlington 02474 Arlington Heights
93 Madison Avenue
Photo of 93 Madison Avenue
Sold on May 31, 2007

1

Map

$509,500
● House - Off Market

93 Madison Avenue

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,014 Ft²
$999,943
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

"Top of the Hill" location in Mt. Gilboa Historic District.  This charming 4 bedroom home offers a great layout, ideal for entertaining.  Fireplaced Family Room off Kitchen with 1/2 bath, Laundry and Deck all accesible.  Newer water heater and central air add comfort to this 17 year young home and you will be impressed by all the storage both in the basement and walk up attic spaces.  A must see home in a great location close to Menotomy Shopping, Resevoir, and the new McLellan (Reeds) Park.
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$266
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1988

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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 #70537167)

Price History

Date / Event Date Event Price
May 31, 2007 Sold
Premium
Sold
Mar 8, 2007 Listed $535,000
Listed
Mar 16, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 988
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 2,326
  • Gross Building Area: 8,330
  • Building Area: 2,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESCENT HILL
  • Land Acres: 0000000115
  • 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: 154326
  • Parcel: ARLI M:110.0 B:0002 L:0011.A
  • Block: 2
  • Lot: 11.A
  • Municipality: ARLINGTON
  • Latitude: 42.4304
  • Longitude: -71.1831

    Address

  • Full Address: 93 Madison Ave
  • Address - House Number: 93
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Arlington
  • Carrier Code: C022
  • 4-Digit Zip Code: 2532
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,057,100

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,242,749
  • High Value: 1,462,341
  • Low Value: 1,023,156

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $998,200
  • Assessed Land Value: $438,900
  • Assessed Improvements Value: $559,300

    Sales

  • Current Sale Recording Date: May 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00099853
  • Previous Sale Recording Date: Mar 16, 1990
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3213 ft²

Average Home Age

53.6 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70537167

Frequently Asked Questions

When was property at 93 Madison Avenue built and last sold?
The property at 93 Madison Avenue was built in 1988 and last sold on Jan 1, 1970 for $509,500.
How much is this home worth?
The estimated value of the home located at 93 Madison Avenue is $566,400.
What are some comparable homes to 93 Madison Avenue?
There are currently no comparable homes to 93 Madison Avenue.
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