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Newburyport 01950
23 Summit Place
$340,000
● House - Off Market

23 Summit Place

Newburyport, MA 01950
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,388 Ft²
$831,263
RealtyHop Estimate
131.55%
Since Jan 1, 2012
National-US
Primary Model

About This Property

In the  family for two generations, this charming home offers 3 bedrooms, 1 1/2 baths and a walk up attic for future expansion. Close to schools, parks, commuter routes and public transportation.     Spacious kitchen with pantry and adjacent three season porch with scenic views.   Beautiful wood flooring throughout and period moldings.    Newer furnace, windows and hot water heater.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$259
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1910

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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 #71283220)

Price History

Date / Event Date Event Price
Dec 27, 2011 Sold
Premium
Sold
Sep 4, 2011 Listed by Coldwell Banker Residential Brokerage - Newburyport $359,000
Listed by Coldwell Banker Residential Brokerage - Newburyport

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 4,100
  • Total Building Area: 1,376
  • Gross Building Area: 2,846
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newburyport School District
  • School Tax School District: NEWBURYPORT SD
  • Census Tract: 268300

Geography

  • District: 206
  • Parcel: NEWP M:0038 B:0056 L:0000
  • Block: 56
  • Municipality: NEWBURYPORT
  • Latitude: 42.8112
  • Longitude: -70.8859

    Address

  • Full Address: 23 Summit Pl
  • Address - House Number: 23
  • Address - Street Name: Summit
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Newburyport
  • Carrier Code: C021
  • 4-Digit Zip Code: 3803
  • Zip Code: 01950

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 733,610
  • High Value: 888,064
  • Low Value: 579,155

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,700
  • Assessed Land Value: $371,800
  • Assessed Improvements Value: $372,900

    Sales

  • Current Sale Recording Date: Dec 27, 2011
  • Current Sale Price:
    Premium
  • Current 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 Newburyport

Stats & Trends

Median Asking:

$1,025,000

Sale Price/ft²

$566

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2237 ft²

Average Home Age

89.5 years

Currently For Sale

57 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 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71283220

Frequently Asked Questions

When was property at 23 Summit Place built and last sold?
The property at 23 Summit Place was built in 1910 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 23 Summit Place is $392,258.
What are some comparable homes to 23 Summit Place?
There are currently no comparable homes to 23 Summit Place.
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