Investment Analysis — 30 Philips Street #30

Arlington, MA 02474 — East Arlington

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02474 carries an estimated $3,720/mo in gross rent — about a 2.46% cap rate and $22,876/yr in estimated NOI at the $929,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,480

Style

Condominium

Built

1930

Location, location, location! This classic upper-level, two-story condo is nestled on a quiet street in highly desirable East Arlington, just a short walk to Arlington Center and the Mystic River. Spanning two floors, this three-bedroom, two-bath home features a brand-new primary suite with a sitting room and private bathroom. The main level offers a large, sun-filled living room that opens to a dining room with a built-in china cabinet, an updated kitchen, two spacious bedrooms, and a tiled bathroom with a tub. Relax on the recently refurbished private porch overlooking a grassy backyard with a shared patio. Well-maintained, the home includes a new water heater, washer and dryer, refrigerator, newer Burnham boiler, roof, insulated replacement windows, and 200-amp electrical service. Conveniently located near shopping, the West Medford commuter rail station, bus routes, parks, walking paths, and more. Don’t miss this exceptional opportunity to own a great-value home in Arlington!

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 MLS and other third-party data may be inaccurate or out of date.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.