48 Mt Vernon St #2 Arlington — Photo 1 of 25
Recent Drop: $59,000
$1,540,000
Investment Analysis — 48 Mt Vernon St #2
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 0.58% cap rate and $8,906/yr in estimated NOI at the $1,540,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,148
Style
Condominium
Built
1916
Thoughtfully designed and gut-renovated in 2026 by a respected local architect, 48 Mt. Vernon is a welcome return to classic features and true attention to detail. Built from the foundation up, this beautifully reimagined second floor, 2 level condo offers space, comfort and character of single-family living. Upon entering, you are welcomed into a gracious living space that includes a separate office, formal living room and dining area that are anchored by a wood-burning fireplace, adding warmth and character. The heart of the home is the beautifully appointed cook's kitchen with double ovens and gorgeous granite countertops. Continuing on this floor, the primary suite is a true retreat, featuring a generous walk-in closet and en suite bath designed for relaxation. The upper level expands the living experience with 2 additional bedrooms, full bath with double vanity, laundry room and a bonus family room - perfect for games, movie marathons & more!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Bike Path • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second15 x 20
Flooring - Wood, Open Floorplan, Recessed Lighting
Dining Room
Lvl Second13 x 12
Flooring - Wood, Open Floorplan, Recessed Lighting
Kitchen
Lvl Main,Second12 x 15
Flooring - Hardwood, Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula
Office
Lvl Second10 x 12
Closet, Flooring - Wood, Recessed Lighting
Family Room
Lvl Third15 x 23
Bathroom - Full, Closet, Flooring - Wood, Recessed Lighting
Master Bedroom
Lvl Main,Second16 x 15
Bathroom - Full, Walk-In Closet(s), Flooring - Wood, Lighting - Overhead
Bedroom 2
Lvl Second13 x 11
Bedroom 3
Lvl Third12 x 17
Closet, Flooring - Wood, Lighting - Overhead
Bedroom 4
Lvl Third12 x 19
Closet, Flooring - Wood, Lighting - Overhead
Bathroom 1
Lvl Second10 x 5
Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl Second10 x 5
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
Bathroom 3
Lvl Third10 x 9
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
Property History
$1,540,000
Was $1,599,000
Sep 9, 2026
MLS® 73551404
$1,599,000
Jul 17, 2026
MLS® 73551404
Listing Agent: Heather Aordkian
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73551404