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93 Days on market
7 Wyman Street #1 Arlington — Photo 1 of 22

7 Wyman Street #1 Arlington — Photo 1 of 22

$199,000

Investment Analysis — 7 Wyman Street #1

Arlington, MA 02474

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02474 carries an estimated $2,610/mo in gross rent — about a 11.06% cap rate and $22,018/yr in estimated NOI at the $199,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1.5

SqFt

178

Style

Condominium

Built

1890

SPECIAL NEEDS GROUP HOME offers one-bedroom wheelchair accessible unit available in a charming home featuring access to a SHARED kitchen, living room, and FULL bathroom. This home is part of a supportive housing program for adults living with disability who meet eligibility requirements. Enjoy the character of the property with cozy fireplaces, inviting common areas, and a welcoming front porch perfect for relaxing outdoors. Newer flooring & remote controlled, black out shades. Ideally situated near Spy Pond, parks, and athletic fields, offering plenty of opportunities for walking, recreation, and outdoor activities. Conveniently located just off Mass Ave with easy access to restaurants, shopping, public transportation, and major routes. Only 20 minutes from Boston, this location offers the perfect blend of neighborhood charm and city convenience. Specialized Housing, Inc.-Specialized Housing has more than 40 years' experience supporting adults in home-ownership communities.

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 MLS and other third-party data may be inaccurate or out of date.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

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Property Details

Financials

Original Price$199,000
Annual Taxes$1,785
HOA Fee$3072

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms1
Fireplaces2
FlooringVinyl, Concrete, Laminate, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
Foundation--
ZoningR2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Living Room
Lvl First

13 x 17

Flooring - Hardwood, Cable Hookup

Dining Room
Lvl First

13 x 17

Closet, Flooring - Hardwood

Kitchen
Lvl First

13 x 16

Flooring - Laminate, Deck - Exterior, Exterior Access, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl First

14 x 12

Closet, Flooring - Vinyl, Cable Hookup

Bathroom 1
Lvl First

7 x 4

Bathroom - Half, Flooring - Vinyl

Bathroom 2
Lvl First

12 x 8

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup

Listing Provided By

Listing Agent: Kelly Dimbat

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73535240