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Waltham 02453 Bank Square
22 Summit Avenue
$329,900
● House - Off Market

22 Summit Avenue

Waltham, MA 02453
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,600 Ft²
$1,074,113
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION! SUPER CTR ENT COL W/GREAT VIEWS ON 10000SF READY FOR OCCUPANCY AUGUST '99 WELL DESIGNED, LIGHT, BRIGHT, ENERGY EFFICIENT, EASY MAINTENANCE IN TERRIFIC NEIGHBORHOOD. CHOICE OF CARPET COLORS! WARRANTEED!! BRING YOUR BUYERS!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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 years ago (MLSPIN #30332153)

Price History

Date / Event Date Event Price
Sep 2, 1999 Sold
Premium
Sold
Jun 22, 1999 Listed by Domain Properties Inc. $329,900
Listed by Domain Properties Inc.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 832
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,319
  • Total Building Area: 1,664
  • Gross Building Area: 2,916
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND 40 ELMWOOD AVE WALTHA
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 210088
  • Parcel: WALT M:058 B:032 L:0017
  • Block: 32
  • Lot: 17
  • Municipality: WALTHAM
  • Latitude: 42.3734
  • Longitude: -71.2576

    Address

  • Full Address: 22 Summit Ave
  • Address - House Number: 22
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Waltham
  • Carrier Code: C010
  • 4-Digit Zip Code: 7732
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $802,100

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 937,049
  • High Value: 1,079,425
  • Low Value: 794,673

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $832,100
  • Assessed Land Value: $427,400
  • Assessed Improvements Value: $404,700

    Sales

  • Current Sale Recording Date: Sep 02, 1999
  • Current Sale Price:
    Premium
  • Current 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 Bank Square

Stats & Trends

Median Asking:

$849,999

Sale Price/ft²

$479

Below Asking

0.03%

Average Days on Market

58

Average Home Size

2800 ft²

Average Home Age

89.3 years

Currently For Sale

16 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 237 Moody St., Waltham, MA, 02453

$2,750 /mo

  • 1 Bed
  • 1 Bath
  • 861 ft²
237 Moody St. #1 Bedroom M, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,077 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30332153

Frequently Asked Questions

When was property at 22 Summit Avenue built and last sold?
The property at 22 Summit Avenue was built in 1999 and last sold on Jan 1, 1970 for $329,900.
How much is this home worth?
The estimated value of the home located at 22 Summit Avenue is $0.
What are some comparable homes to 22 Summit Avenue?
There are currently no comparable homes to 22 Summit Avenue.
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