$510,000
●
Multifamily -
Off Market
24-26 Summit Avenue
Everett, MA 02149
5 Beds
2 Baths
2,813 Ft²
$909,923
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model
About This Property
GREAT LOCATION, CONVENIENT TO SCHOOLS & PUBLIC TRANSPORTATION.
OWNERS UNIT OFFERS MASTER BEDROOM WITH SKYLIGHT, UPDATED BATH WITH
CORIAN COUNTER. LARGE EAT IN KITCHEN WITH WASHER & DRYER HOOKUPS,
NEW FLOOR & DISHWASHER. HARDWOOD FLOORS, NATURAL WOODWORK. NEW
HARVEY WINDOWS, 12X6 THREE SEASON PORCH. RENTERS UNIT HAS SOME NEW
WINDOWS. ALL ROOMS ARE OVERSIZED. THIS PROPERTY IS DEFINATELY
NOT A DRIVE BY. COME TAKE A LOOK AT THE OPEN HOUSE THIS SUNDAY 8/28
FROM 12PM TO 1:30PM.
Unit Size
2,813 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$181
Property Type
Multifamily
Property Taxes
$287
HOA Dues
-
Year Built
-
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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: 5 years ago (MLSPIN #70240739)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Disposal), Unit 2(Range), Oil Water Heater, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 11
Basement: Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Enclosed
Lead Paint: Yes
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: 2 FAMILY
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $403,700
Tax Annual Amount: $3,440
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Oil, Unit Control), Unit 2(Gas, Unit Control)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2005
| |
5 Bed
|
2 Bath
|
2813 ft²
|
$510,000
5 Bed
2 Bath
2813 ft²
|
$510,000
11/29/2005
|
Laodice Rimanelli
RE/MAX Real Estate Specialists
|
Building Info
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