
38 Tanager St #1 Arlington — Photo 1 of 21
Recent Drop: $10,000
$675,000
Investment Analysis — 38 Tanager St #1
Arlington, MA 02476
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02476 carries an estimated $2,580/mo in gross rent — about a 2.52% cap rate and $16,988/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
973
Style
Condominium
Built
1914
Don’t miss this beautifully updated 5-room, 2-bedroom, 1-bath first-floor condo in the heart of Arlington Heights. This charming home offers a sun-filled layout with modern updates. The dining room features a beautiful built-in china cabinet, adding warmth and character, while the newly renovated kitchen is thoughtfully designed with quartz countertops, stainless steel appliances, custom cabinetry, and excellent functionality. Enjoy the deeded screened-in porch overlooking the rear yard — the perfect spot for morning coffee, relaxing after a long day, or entertaining guests. Additional features include hardwood floors, central air, one off-street parking space, laundry and generous deeded storage. Hot water heater updated in 2024 - roof, windows, and sump pump from 2010, and exterior paint completed in 2022. Ideally located just steps from the bike path, Trader Joe’s, Arlington Center, local shops, restaurants, public transportation, and all that Arlington has to offer. Unpack & Enjoy
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 MLS and other third-party data may be inaccurate or out of date.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
Disposal • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 12
Flooring - Hardwood, Lighting - Overhead
Dining Room
Lvl First12 x 14
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl First12 x 12
Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Exterior Access, Remodeled, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl First12 x 12
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl First11 x 8.5
Bathroom 1
Lvl FirstProperty History
$675,000
Was $685,000
Sep 8, 2026
MLS® 73540694
$685,000
Jun 24, 2026
MLS® 73540694
$682,500
Jun 4, 2025
MLS® 73380973
$699,000
May 28, 2025
MLS® 73380973
Listing Agent: Jody Fricia Geany
Listing Office: Citylight Homes LLC
MLS® Number: 73540694