
323 Ridge St Arlington — Photo 1 of 38
$1,619,000
Investment Analysis — 323 Ridge St
Arlington, MA 02474 — Morningside
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02474 carries an estimated $4,100/mo in gross rent — about a 1.64% cap rate and $26,543/yr in estimated NOI at the $1,619,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,000
Style
Single Family
Built
1954
Looking for a home that works beautifully whether you’re upsizing, downsizing, or simply ready for something special? This renovated and expanded Cape is full of surprises! Tucked away on a dead-end street in Arlington’s coveted Morningside neighborhood near Stratton School, it was thoughtfully reimagined by a respected local builder to offer the rare luxury of true one-level living. The sun-filled main level features a spacious primary suite, second bedroom, guest bath, and a showstopping open-concept kitchen that flows effortlessly into the dining and family rooms. A charming fireplace and oversized picture window create an inviting setting for cozy evenings and memorable gatherings. Upstairs, two generously sized bedrooms and another full bath offer wonderful flexibility for guests, hobbies, or working from home. Outside, a large deck overlooks a private backyard framed by mature trees, perfect for summer dinners, weekend entertaining, gardening, or simply unwinding. Stylish, spacious, and incredibly versatile, this is the Morningside home you’ve been waiting for!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,000 sq ft principal dwelling). Lot size: 7,793 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21 x 11
Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First13 x 12
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled
Kitchen
Lvl Main,First11 x 15
Closet/Cabinets - Custom Built, Flooring - Hardwood, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Family Room
Lvl Main,First11 x 15
Flooring - Hardwood, Balcony / Deck, Cable Hookup, Open Floorplan, Recessed Lighting, Remodeled, Slider
Master Bedroom
Lvl Main,First10 x 16
Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, Remodeled
Bedroom 2
Lvl Main,First12 x 11
Bedroom 3
Lvl Second16 x 16
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 4
Lvl Second12 x 16
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Bathroom 1
Lvl Main,First5 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl Main,First5 x 11
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity
Bathroom 3
Lvl Second6 x 4
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Property History
$1,619,000
Aug 27, 2026
MLS® 73569322
$1,689,000
Jul 29, 2026
MLS® 73525983
$1,689,000
May 28, 2026
MLS® 73525983
$1,010,000
Apr 29, 2025
MLS® 73364639
$895,000
Apr 24, 2025
MLS® 73364639
Listing Agent: Steve Mckenna & The Home Advantage Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73569322
