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Medfield 02052
11 Summer St
$635,000
● House - Off Market

11 Summer St

Medfield, MA 02052
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,584 Ft²
$652,076
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

You won't want to miss this incredible opportunity to own a piece of Medfield.  This lovely 3 bedroom, 1 1/2 bathroom home is situated in a prime location, just a stone's throw away from all the amenities that the town center has to offer. This home has endless potential, come see how you can transform this home into your dream house.  The walk up attic is ready to be turned into a bedroom, game room, or family room you choose.  Whether you are sitting in the sunroom reading a book or having a BBQ in the large backyard you will feel at home.  With the town's highly rated schools, this property is perfect for families or anyone looking for a welcoming community.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$410
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #73106838)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
May 10, 2023 In contract -
In contract
May 3, 2023 Listed by William Raveis R.E. & Home Services $649,000
Listed by William Raveis R.E. & Home Services
Feb 1, 1974 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,043
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,584
  • Gross Building Area: 3,318
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406101

Zoning

  • Zoning: RU

Geography

  • Parcel: MEDF M:0050 B:0000 L:0059
  • Lot: 59
  • Municipality: MEDFIELD
  • Latitude: 42.1944
  • Longitude: -71.306

    Address

  • Full Address: 11 Summer St
  • Address - House Number: 11
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1725
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $877,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 723,237
  • High Value: 851,502
  • Low Value: 594,973

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,600
  • Assessed Land Value: $371,300
  • Assessed Improvements Value: $228,300

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32706
  • Previous Sale Recording Date: Feb 01, 1974
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Medfield

Stats & Trends

Median Asking:

$954,350

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2571 ft²

Average Home Age

70.5 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73106838

Frequently Asked Questions

When was property at 11 Summer Street built and last sold?
The property at 11 Summer Street was built in 1940 and last sold on May 30, 2023 for $635,000.
How much is this home worth?
The estimated value of the home located at 11 Summer Street is $659,206.
What are some comparable homes to 11 Summer Street?
There are currently no comparable homes to 11 Summer Street.
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