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20 Silk St #2 Arlington — Photo 1 of 35

20 Silk St #2 Arlington — Photo 1 of 35

$1,050,000

Investment Analysis — 20 Silk St #2

Arlington, MA 02474 — East Arlington

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 2.27% cap rate and $23,819/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,204

Style

Condominium

Built

1927

If space, sunlight, storage, and location are on your wish list, this home delivers. Offering approximately 2,200 sq ft of heated, cooled living space across two floors, plus a finished bonus room in the basement, this sun-filled home lives generously. A huge living room opens to the formal dining room that flows through a convenient pantry to the kitchen with gas cooking and space for a bistro table. A separate hall from the dining room leads to 2 bedrooms (1 used as an office) and full bath on this floor. Just off the kitchen, step onto your private rear deck or access your private rear hallway leading to the 1st flr rear exit and a private bonus room in the basement. Upstairs, the expansive top floor features two huge large bedrooms, 2 generous walk-in closets, a dedicated laundry room, and a spacious full bath with double sinks, separate shower, and Jacuzzi tub (jets not working). Storage is exceptional, beginning with separate coat and shoe closets at the entry and continuing with a pantry, 2nd flr linen closet, bedroom closets, and two large walk-ins on the top floor and built-in cabinetry in the laundry room. Newly installed mini-splits provide 2 zones of heating & central A/C, supplementing the existing 2-zone hot-water baseboard heating. The left side of the driveway (2-3 tandem spots) is exclusive to this condo, and the yard is shared. Tucked on a quiet side street just off Broadway, the location puts East Arlington favorites close at hand: half a block to Alewife Brook Parkway’s Stop & Shop (2m to Whole Foods) and just 2 blocks to the Capitol Theatre, restaurants, post office & neighborhood conveniences. Arlington Center’s cafés, dining and shopping are just 1 mile away. Thompson Elementary is just 4 blocks away, with Gibbs 6th grade approximately .9 mile away. Set within a two-unit, pet-friendly association with submeters for water/sewer billing, this is a wonderfully spacious and inviting home with the room, storage, and location to make everyday living easy. Owners do not pay condo fees; instead they pay bills out of pocket and approach work the same way. Open Houses SUN Oct 4 from 11-12:30.

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

Original Price$1,050,000
Annual Taxes$9,973
HOA Fee$300

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingSteam, Natural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bedroom 4Bathroom 1
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, French Doors, Recessed Lighting, Lighting - Overhead

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Deck - Exterior, Stainless Steel Appliances

Primary Bedroom
Lvl Second

Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Bedroom 4
Lvl First

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Michaela Hellman

Listing Office: Redfin Corp.

MLS® Number: 73584451