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Abington 02351
255 Summit Rd
$600,000
● House - Off Market

255 Summit Rd

Abington, MA 02351
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,907 Ft²
$545,927
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Great North Abington neighborhood! This unique 3-bedroom contemporary Ranch offers great living space with several attractive features. The vaulted and beamed ceilings add a touch of character, and having 2 fireplaces and a wood stove creates a cozy atmosphere. The main level comprises a living room, a family room, a kitchen, a dining room, and three bedrooms which all feature double closets and hardwood floors. Additionally, the basement includes a bonus room and a half bath, with the convenience of a direct walk-out to the backyard.
Unit Size
1,907 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$288
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1963

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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 months ago (MLSPIN #73133622)

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold
Premium
Sold
Jul 11, 2023 In contract -
In contract
Jul 7, 2023 Listed by Trufant Real Estate $549,900
Listed by Trufant Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 22,197
  • Total Building Area: 1,907
  • Gross Building Area: 4,392
  • Building Area: 1,907
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,907
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Halifax School District
  • School Tax School District: ABINGTON SD
  • Census Tract: 520201

Geography

  • Account Number: 13 110
  • Parcel: ABIN M:59 L:134
  • Lot: 134
  • Municipality: ABINGTON
  • Latitude: 42.1349
  • Longitude: -70.9526

    Address

  • Full Address: 255 Summit Rd
  • Address - House Number: 255
  • Address - Street Name: Summit
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Abington
  • Carrier Code: C002
  • 4-Digit Zip Code: 1209
  • Zip Code: 02351

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,800

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 635,234
  • High Value: 752,690
  • Low Value: 517,778

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,400
  • Assessed Land Value: $244,100
  • Assessed Improvements Value: $251,300

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51161
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 Abington

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$360

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2323 ft²

Average Home Age

66.9 years

Currently For Sale

21 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73133622

Frequently Asked Questions

When was property at 255 Summit Road built and last sold?
The property at 255 Summit Road was built in 1963 and last sold on Aug 11, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 255 Summit Road is $565,921.
What are some comparable homes to 255 Summit Road?
There are currently no comparable homes to 255 Summit Road.
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