233 Florence Ave Arlington — Photo 1 of 42
Recent Drop: $80,000
$749,900
Investment Analysis — 233 Florence Ave
Arlington, MA 02476 — Arlington Heights-Dallin School
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02476 carries an estimated $3,090/mo in gross rent — about a 2.67% cap rate and $20,027/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,058
Style
Single Family
Built
1911
Welcome to 233 Florence Avenue! Nestled in one of Arlington’s most desirable neighborhoods, this is a rare opportunity to own a charming 3 bed 1.5 bath classic colonial on a picturesque, tree-lined street! The expansive lot with an oversized, covered deck is perfect for outdoor living, gardening, recreation, and future possibilities. Inside, the home is filled with warmth and character, providing an inviting canvas for personalization and enhancement. This property boasts an open floorplan, hardwood floors throughout, a beautiful, enclosed front sunroom, oversized driveway and ample street parking. Ideally located near the coveted Dallin School, Arlington Heights, Alewife Station, Rt 2 & close to Boston, it offers the perfect blend of classic character, convenience and neighborhood charm. A truly special offering in a premier Arlington location, don't miss this opportunity to become part of a cherished neighborhood in an amazing location!
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: 529 sq ft (the lesser of 900 sq ft or half the 1,058 sq ft principal dwelling). Lot size: 5,253 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Washer/Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCoffered Ceiling(s), Flooring - Hardwood, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Main,FirstBathroom - Half, Ceiling Fan(s), Closet, Flooring - Hardwood, Dryer Hookup - Electric, Exterior Access, Open Floorplan, Wainscoting, Washer Hookup, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl SecondCeiling Fan(s), Coffered Ceiling(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Hardwood, Lighting - Overhead, Pocket Door
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Lighting - Overhead
Property History
$749,900
Was $789,900
Aug 13, 2026
MLS® 73533793
$789,900
Was $829,900
Jun 27, 2026
MLS® 73533793
$829,900
Jun 10, 2026
MLS® 73533793
Listing Agent: Alyse Mcnelley
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73533793
