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$540,000
● Multifamily - Off Market

21 Summit

Sharon, MA
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,854 Ft²
$1,314,415
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Super space and super condition. Updated circa 1900 shingle style Victorian. Was built as and is in use as a two family, but it would be easy to reconfigure into a grand single family. Beautiful original detail. Owners unit on 2 floors with 4 bedrooms, 2 baths. Lovely wood floors, detailed wooodwork, high ceilings. All systems updated during present owner occuant's tenure. Ideal center of town location-walk to center, T, schools, Lake and houses of worship. Pride of ownership is evident
Unit Size
2,854 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$210
Property Type
Multifamily
Property Taxes
$609
HOA Dues
-
Year Built
-

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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: 4 years ago (MLSPIN #71224727)

Price History

Date / Event Date Event Price
Jul 15, 2011 Sold
Premium
Sold
Apr 30, 2011 Listed by Advisors Living - Canton $599,900
Listed by Advisors Living - Canton

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Carpet, Vinyl / VCT
Laundry Features: Washer Hookup
Rooms: 14
Basement: Full, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: Gen res
Parcel Number: 224460
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $407,500
Tax Annual Amount: $7,302
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Dryer, Washer Hookup
Sewer : Private Sewer, Private Sewerage
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Conservation Area, House of Worship, Public School, T-Station

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71224727
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