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Norwood 02062
14 Summit
$502,000
● House - Off Market

14 Summit

Norwood, MA 02062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$728,998
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

HUGE AND ROOMY describes this beautiful CLASSIC NEW ENGLAND colonial in a COMMUTERS DREAM LOCATION! This 4/5 bedroom spacious colonial WITH FORMAL LIVING AND DINING ROOM, 2.5 BATHS, AND A LESS THAN 2YEAR OLD GAS FIRED HEATING SYSTEM. Conveniently located within walking distance to the MBTA, elementary school and Norwood center's vibrant downtown restaurants and shops make this  very special. THIS IS A MUST SEE HOME TO APPRECIATE IT.  THIS WON'T LAST LONG. HURRY!!!      .
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$243
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1916

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72535345)

Price History

Date / Event Date Event Price
Dec 2, 2019 Sold
Premium
Sold
Jul 16, 2019 Listed by Century 21 North East $509,900
Listed by Century 21 North East
Nov 9, 2005 Sold
Premium
Sold
Jul 26, 2005 Listed by Century 21 North East $419,000
Listed by Century 21 North East

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,125
  • Total Building Area: 1,744
  • Gross Building Area: 3,672
  • Building Area: 1,744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,744
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413300

Geography

  • Parcel: NORW M:00001 B:00020 L:00005
  • Block: 20
  • Lot: 5
  • Municipality: NORWOOD
  • Latitude: 42.1971
  • Longitude: -71.204

    Address

  • Full Address: 14 Summit Ave
  • Address - House Number: 14
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Norwood
  • Carrier Code: C002
  • 4-Digit Zip Code: 2226
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,000

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 717,997
  • High Value: 838,671
  • Low Value: 597,323

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,800
  • Assessed Land Value: $307,400
  • Assessed Improvements Value: $314,400

    Sales

  • Current Sale Contract Date: Nov 29, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112538
  • Previous Sale Recording Date: Nov 09, 2005
  • Previous Sale Amount: $370,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2237 ft²

Average Home Age

57.5 years

Currently For Sale

49 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72535345

Frequently Asked Questions

When was property at 14 Summit Avenue built and last sold?
The property at 14 Summit Avenue was built in 1916 and last sold on Nov 29, 2019 for $502,000.
How much is this home worth?
The estimated value of the home located at 14 Summit Avenue is $529,071.
What are some comparable homes to 14 Summit Avenue?
There are currently no comparable homes to 14 Summit Avenue.
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