42 Old Mystic Street Arlington — Photo 1 of 42
$1,998,500
Investment Analysis — 42 Old Mystic Street
Arlington, MA 02474 — Morningside
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02474 carries an estimated $4,100/mo in gross rent — about a 0.89% cap rate and $17,861/yr in estimated NOI at the $1,998,500 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3.5
SqFt
4,000
Style
Single Family
Built
1925
This distinguished home seamlessly blends classic architectural charm with contemporary amenities, designed for sophisticated living and entertaining. The kitchen is a culinary enthusiast's delight, featuring high-end stainless steel appliances, and a functional island, providing both workspace and a central gathering point. The bathrooms are appointed with modern comforts, including walk-in showers. This residence further benefits from a private yard, an expansive outdoor living space, and a dedicated outdoor dining area, perfect for al fresco entertaining. A convenient laundry room simplifies household tasks.Third floor spacious suite can be accessed by back staircase, with seasonal views of Mystic Lake. Oversized garage allows for ample storage. Many recent updates, new kitchen, baths, electrical, plumbing, heating system. Move right in. Note: Listing agent is Owner.
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 4,000 sq ft principal dwelling). Lot size: 9,431 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 • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First27 x 14
Flooring - Hardwood
Dining Room
Lvl First14 x 14
Beamed Ceilings, Flooring - Hardwood, French Doors
Kitchen
Lvl First20 x 16
Flooring - Hardwood, Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Cable Hookup, Dryer Hookup - Gas, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Washer Hookup, Gas Stove, Lighting - Overhead
Office
Lvl FirstFamily Room
Lvl First18 x 10
Beamed Ceilings, Flooring - Hardwood
Primary Bedroom
Lvl Second14 x 14
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second14 x 11
Bedroom 3
Lvl Second15 x 13
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second14 x 13
Closet, Flooring - Hardwood
Bedroom 5
Lvl Third20 x 14
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Marble
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Marble
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - With Shower Stall, Flooring - Wood
Listing Agent: Dorothea Feffer
Listing Office: Churchill Properties
MLS® Number: 73540563
