$1,399,000
↓ $51K (3.5%)
●
House -
For Sale
2 Summer Street Pl
Arlington, MA 02474
4 Beds
3 Baths
2,000 Ft²
$7,482
Est. Monthly
About This Property
***** NEW 2026 **** Full gut renovation - only the frame and
foundation are pre-existing--assume everything else is NEW!
Such an extensive list of special features and "new", you
must see in person, also see attached list for full line up of
features. This contractor thought of all the big things and
the "little things" that matter to a new buyer. Gourmet kitchen for
the foodie, penthouse suite, and bathroom must be seen. EV
charging station access from house to driveway, office nook,
basement storage rack, moldings, high ceilings, wine refridgerator,
washer and dryer included, cathedral ceilings, skylights, PVC deck,
maintenance free siding, new roof, new heating, new AC, hardwood
flooring throughout--zero carpets in this house! Energy efficient
with a HERS rating of 58. Convenient Arlington Heights
location seconds to Minuteman Bikeway and Mass Ave. OPEN HOUSE
October 17 and 18 from 11 to 1. See you at this awesome
house!!!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$700
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1920
Listed By
Denise Higgins
Goodwin Realty Group, LLC
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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 hours ago (MLSPIN #73572086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$1,399,000
↓ $51K
(3.5%) | |
| Price Decreased | |||
| Sep 4, 2026 | Listed by Goodwin Realty Group, LLC | $1,450,000 | |
| Listed by Goodwin Realty Group, LLC | |||
| Nov 12, 2003 | Sold | ||
| Sold | |||
| Jun 5, 2003 | Listed by Goodwin Realty Group, LLC | $339,000 | |
| Listed by Goodwin Realty Group, LLC | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Paved
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Flooring Type: Tile, Hardwood
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Partial, Walk-Out Access, Concrete, Unfinished
Exterior Details
Square Footage: 2000
Architectural Style: Colonial
Year Built Source: Owner
Year Built: 2026
Building Area Total: 2000
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Lot Size Square Feet: 2605
Tax Lot: 5
Water Source: Public
Financial Details
Tax Map Number: 68
Tax Assessed Value: $682,600
Tax Annual Amount: $7,352
Utilities Details
Cooling Type: Central Air, Air Source Heat Pumps (ASHP)
Heating Type: Air Source Heat Pumps (ASHP)
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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