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Quincy 02170 West Quincy
16 Summit Ave
$610,000
● House - Off Market

16 Summit Ave

Quincy, MA 02170
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,764 Ft²
$997,245
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Desirable Wollaston-Forbes Hill neighborhood.  This nine room colonial offers a first floor family room off the updated kitchen with granite countertops,  dining room, large fireplaced living room with adjoining sunroom or home office, large screened-in porch off family & sunroom-office.  New heating system, electric panel, central air & full bath. New roof on first floor family room.   Plenty of off-street parking and a detached two-car garage.  Picturesque, professionally landscaped yard with a rock garden and an inground pool and cabana in a separate section of the yard which overlooks the Furnace Brook Golf Club.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$363
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1918

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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: 4 months ago (MLSPIN #72182841)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Century 21 Annex Realty $639,900
Listed by Century 21 Annex Realty
Nov 15, 2012 Sold
Premium
Sold
May 2, 2012 Listed by Century 21 Annex Realty $429,900
Listed by Century 21 Annex Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,038
  • Total Building Area: 1,762
  • Gross Building Area: 3,251
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417100

Zoning

  • Zoning: RESA

Geography

  • Account Number: 1843201
  • Parcel: QUIN M:5198C B:130 L:C
  • Block: 130
  • Lot: C
  • Municipality: QUINCY
  • Latitude: 42.2592
  • Longitude: -71.0231

    Address

  • Full Address: 16 Summit Ave
  • Address - House Number: 16
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Quincy
  • Carrier Code: C002
  • 4-Digit Zip Code: 3701
  • Zip Code: 02170

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $939,500

    Appraisal Valuation

  • Standard Deviation: 0.15
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 920,241
  • High Value: 1,058,356
  • Low Value: 782,125

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $833,600
  • Assessed Land Value: $465,700
  • Assessed Improvements Value: $367,900

    Sales

  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83684
  • Previous Sale Recording Date: Nov 15, 2012
  • Previous Sale Amount: $416,000
  • Previous Sale Document Type: O
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 West Quincy

Stats & Trends

Median Asking:

$749,950

Sale Price/ft²

$520

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2045 ft²

Average Home Age

78.1 years

Currently For Sale

9 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

Unit for rent at 175 Centre Street, Quincy, MA, 02169

$2,960 /mo

  • 2 Beds
  • 2 Baths
  • 968 ft²
175 Centre Street #Colonial, Quincy, MA, 02169 Listing by Equity Residential
Unit for rent at 333 Ricciuti Dr., Quincy, MA, 02169

$4,159 /mo

  • 2 Beds
  • 2 Baths
  • 1,376 ft²
333 Ricciuti Dr. #2 Bedrooms H, Quincy, MA, 02169 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72182841

Frequently Asked Questions

When was property at 16 Summit Avenue built and last sold?
The property at 16 Summit Avenue was built in 1918 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 16 Summit Avenue is $641,610.
What are some comparable homes to 16 Summit Avenue?
There are currently no comparable homes to 16 Summit Avenue.
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