34 Addison St Arlington — Photo 1 of 38
$2,499,000
Investment Analysis — 34 Addison St
Arlington, MA 02476
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02476 carries an estimated $3,420/mo in gross rent — about a 0.89% cap rate and $22,247/yr in estimated NOI at the $2,499,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
2,800
Style
Single Family
Built
1920
Exquisitely rebuilt & thoughtfully designed, this bright, joyful Victorian blends timeless character with exceptional craftsmanship & modern comfort. Nestled in Arlington’s beloved Spy Pond neighborhood, the home enjoys sparkling pond views from multiple windows & a lifestyle rich in nature. Fish, kayak, birdwatch, play tennis, stroll scenic trails, explore Elizabeth Island, or skate across the pond in winter—all just steps from your door. Sun-filled living & dining rooms flow into a beaut. designed kitchen. Sunlight moves through the home throughout the day, creating a warm, calm ambience. The second floor offers a beautiful primary suite & two additional bedrooms connected by a Jack and Jill bath. The third-floor primary suite is stunning--a peaceful retreat with abundant light, privacy, & its own laundry. The lower level includes a playroom, half bath, & additional laundry area. A rare opportunity to enjoy modern efficiency, exceptional craftsmanship.
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 2,800 sq ft principal dwelling). Lot size: 5,049 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 11
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl null12 x 11
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Kitchen
Lvl Main,First20 x 16
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Recessed Lighting, Lighting - Pendant
Family Room
Lvl Basement23 x 22
Flooring - Laminate, Recessed Lighting
Primary Bedroom
Lvl Second17 x 16
Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting, Remodeled, Half Vaulted Ceiling(s), Decorative Molding
Bedroom 2
Lvl Second13 x 13
Bedroom 3
Lvl null13 x 12
Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl null13 x 9
Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Pendant
Bathroom 1
Lvl null14 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting, Soaking Tub
Bathroom 2
Lvl null11 x 5
Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen
Bathroom 3
Lvl null10 x 9
Closet, Double Vanity, Recessed Lighting
Listing Agent: Svetlana Sheinina
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73528327
