202 Spring St Arlington — Photo 1 of 41
$999,000
Investment Analysis — 202 Spring St
Arlington, MA 02476
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02476 carries an estimated $3,090/mo in gross rent — about a 1.85% cap rate and $18,494/yr in estimated NOI at the $999,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,352
Style
Single Family
Built
1929
Come fall in love with this beautiful Colonial located in Arlington's desirable Brackett School District. Situated within walking distance to both Robbins and Menotomy park, this 3 bedroom, 1.5 bath is loaded with charm, including beautiful gumwood molding, exposed beams, hardwood floors in the majority of the home, and loads of windows to let in an abundance of natural light. The current owner has made many major upgrades recently, including new roof (2016); cedar impression shingle siding (2017); Andersen windows (2019); landscaping (2024); 18x20 deck with Wolf composite decking and Westbury aluminum powder coat railings (2024); irrigation system in front yard (2025); fenced backyard (2025); garage door with opener (2020); 4 mini splits, 1 in each bedroom and 1 in dining room for first floor (2018); 50-gallon hot water heater (2023); interior painting (2024); and 200-amp upgraded electric device (2026). The House has ample storage space, with pull-down stairs leading to attic with full wooden floor and great ceiling height. The basement provides even more storage space, 2 separate rooms, and 1 car garage. Move right into this special home and start making great family memories.
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: 676 sq ft (the lesser of 900 sq ft or half the 1,352 sq ft principal dwelling). Lot size: 5,401 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
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullBeamed Ceilings, Flooring - Hardwood, Crown Molding
Dining Room
Lvl nullFlooring - Hardwood, Lighting - Pendant
Kitchen
Lvl nullRemodeled, Gas Stove
Primary Bedroom
Lvl nullCeiling Fan(s), Flooring - Hardwood
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl nullBathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Tom Doherty
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73580319