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36-38 Lombard Ter, Arlington MA 02476

$1,495,000

Estimated $3,501/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $747,500

Total Rent: 35400/year

Estimated CAP Rate:

7 Bedrooms

Baths

3600

Total Parking: 6 (2 Garage)

5,393 (0.12)

Behold this Grand Philadelphia Style 2 family home, south-facing, meticulously maintained, overlooking Spy Pond with year-round water views from all 3 living levels. Near Arlington Center on a dead-end section of Lombard Terrace seconds to the Minuteman Bikeway. Appreciate a “single-family-feel” in both units, with numerous updates and features with spacious rooms, high ceilings, hardwood floors, recessed lighting, tile baths, and ceiling fans throughout. The upper unit boasts red quartz kitchen counters and fresh neutral paint colors; nearly 9 ft ceilings are adorned with dental molding. The first floor is rented and has a lead certificate. Energy efficient windows and solar panels were recently installed. A spacious lot includes a 2-car garage, driveway for 3+ additional cars, fenced backyard, and patio. Invest in the heart of Arlington with commutability to Cambridge / Boston, a bustling town center, dining and convenience, Arlington Boys & Girls Club, and top-rated public schools.

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73090397)

Gross Income: $35,400

Gross Expenses: $12,925

Net Income Calc: $22,475

Water Views

Annual Expenses for 36-38 Lombard Ter, Arlington MA 02476

Total Gross Expenses (Calculated)$12,925/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12925

Annual Income & Unit Breakdown for 36-38 Lombard Ter, Arlington MA 02476

Total Gross Income (Calculated)$35,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 36-38 Lombard Ter, Arlington MA 02476

Listing ID73090397

Property TypeMulti Family

Price1495000 ($415.28/SqFt)

StyleMulti Family

CityArlington

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3600

Approximate Lot Size (Acres)0.12

Total Parking6 (2 Garage)

Garage Parking2

Year Built1927

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsYes

Water Views FeaturesBay

Waterfront Features

Terms

Disclosures for 36-38 Lombard Ter, Arlington MA 02476

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation2.25

Compensation Based OnNet Sale Price

Financial Information for 36-38 Lombard Ter, Arlington MA 02476

Real Estate Taxes12925

Tax Year2022

Assessed Value$1,131,800

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 36-38 Lombard Ter, Arlington MA 02476

Elementary SchoolBishop/Thompson

Middle SchoolOttoson/Gibbs

High SchoolAhs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 36-38 Lombard Ter, Arlington MA 02476

Agent

Name: Steve McKenna & The Home Advantage Team

Office

Name: Gibson Sotheby's International Realty

Phone: 781-648-3500

Payment Calculator

, Interest

Property Taxes 1077.08

Principal & Interest 9211.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Steve McKenna & The Home Advantage Team

Agent Phone

Office Phone

(781) 648-3500

Text Agent Call Agent Call Office

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    [description] => Behold this Grand Philadelphia Style 2 family home, south-facing, meticulously maintained, overlooking Spy Pond with year-round water views from all 3 living levels. Near Arlington Center on a dead-end section of Lombard Terrace seconds to the Minuteman Bikeway. Appreciate a “single-family-feel” in both units, with numerous updates and features with spacious rooms, high ceilings, hardwood floors, recessed lighting, tile baths, and ceiling fans throughout. The upper unit boasts red quartz kitchen counters and fresh neutral paint colors; nearly 9 ft ceilings are adorned with dental molding. The first floor is rented and has a lead certificate. Energy efficient windows and solar panels were recently installed. A spacious lot includes a 2-car garage, driveway for 3+ additional cars, fenced backyard, and patio. Invest in the heart of Arlington with commutability to Cambridge / Boston, a bustling town center, dining and convenience, Arlington Boys & Girls Club, and top-rated public schools.
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    [unparsed] => 36-38 Lombard Ter, Arlington MA 02476
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EXIT

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