21 Farrington Street #2 Arlington — Photo 1 of 27
$1,250,000
Investment Analysis — 21 Farrington Street #2
Arlington, MA 02474
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02474 carries an estimated $4,100/mo in gross rent — about a 1.90% cap rate and $23,707/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
2,062
Style
Condominium
Built
1920
Rare opportunity on a scenic, quiet side street close to Mystic Lake — perfect for boating and kayaking! This stunning, gut-renovated two-unit condo building is packed with incredible, unique finishes throughout, including gorgeous lighting choices, stunning back splashes in the kitchens and peaceful choices in the baths. Unit 1 (1st floor + lower level) and Unit 2 (2nd + 3rd floors) each offer 4-5 bedrooms, 2.5 baths, and versatile bonus space ideal for a home office, playroom, or workout room. Entertain in style on your own expansive rear deck situated right off the kitchen. Enjoy the peace of mind that comes with a HERS green rating for energy efficiency. Location doesn't get better than this: a quick walk to vibrant Arlington Center with its shops, restaurants, live entertainment at The Regent Theatre. Easy bus access on Mystic Street and the Center. Families will love being so close to the award winning Bishop Elementary. Both units also offered as a two family, perfect for the multi generational family, or owner occupant looking for rental income. Come visit us and see for yourself!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Bike Path • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl SecondFlooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Pendant
Kitchen
Lvl SecondFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Stainless Steel Appliances
Master Bedroom
Lvl ThirdBathroom - Full, Closet, Flooring - Hardwood, Double Vanity, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 5
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl SecondBathroom - Full
Bathroom 2
Lvl ThirdBathroom - Full
Bathroom 3
Lvl FirstBathroom - Half
Listing Agent: Carol Curcio
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73575768
