$545,000
●
Condo -
Off Market
32 Summit Ave #6
Brookline, MA 02446
3 Beds
1 Bath
1,129 Ft²
$935,580
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model
About This Property
This is a rare opportunity. A three bedroom, 1129 square
foot condo on the top floor of a three story building in a terrific
Coolidge Corner location for $515,000. It has high ceilings
and beautiful sunlight steaming in through large windows front and
back. Given that the kitchen and bathroom need renovation it
helps to know that three other units in the complex with an almost
identical layout sold recently and all three had added an in-unit
washer and dryer, one had added a second bathroom, and another had
taken down a wall to open the kitchen to the dining room and living
room beyond. You can decide how much or how little you want
to do before you move in. The building is professionally
managed, pet-friendly and includes storage, laundry facilities, and
a convenient place to park your bikes. The T, shops,
restaurants, several grocery stores including Whole Foods and
Trader Joes, the renowned Coolidge Corner Theater, and other CC
treasures are all just minutes away.
Unit Size
1,129 Ft²
Days on Market
-
Land Size
-
Price per sqft
$456
Property Type
Condo
Property Taxes
$397
HOA Dues
$466
Year Built
-
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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: 5 years ago (MLSPIN #71641068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2014 | Sold | ||
| Sold | |||
| Mar 6, 2014 | Listed by Chobee Hoy Associates | $515,000 | |
| Listed by Chobee Hoy Associates | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Level: First
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Flooring - Hardwood
Level: First
Features: Flooring - Hardwood
Level: First
Level: First
Features: Flooring - Hardwood
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Utility Connections for Gas Range
Flooring Type: Hardwood
Laundry Features: In Building
Rooms: 6
Basement: Y
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: B:090 L:0008 S:0011, 32043
Water Source: Public
Financial Details
Tax Assessed Value: $418,400
Tax Annual Amount: $4,766
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s)
Heating Type: Central, Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Storage
Association Fee Frequency: Monthly
HOA Fee: $466
Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station, University
Pets Allowed: Yes
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
08/20/2018
|
3 Bed
|
2 Bath
|
1129 ft²
|
$769,000
3 Bed
2 Bath
1129 ft²
|
$778,000
+1.17%
09/27/2018
|
Joan Solomont
Coldwell Banker Realty - Brookline
| |
|
10/22/2014
|
3 Bed
|
1 Bath
|
1129 ft²
|
$599,000
3 Bed
1 Bath
1129 ft²
|
$598,000
-0.17%
01/06/2015
|
Laura McKenna
Barrett Sotheby's International Realty
| |
|
03/06/2014
|
3 Bed
|
1 Bath
|
1129 ft²
|
$515,000
3 Bed
1 Bath
1129 ft²
|
$545,000
+5.83%
05/07/2014
|
Bill Lawson
Chobee Hoy Associates
| |
|
10/18/2013
|
3 Bed
|
2 Bath
|
1129 ft²
|
$575,000
3 Bed
2 Bath
1129 ft²
|
$587,800
+2.23%
11/25/2013
|
Eric Glassoff
Coldwell Banker Realty - Brookline
| |
|
04/08/2004
|
3 Bed
|
1 Bath
|
1129 ft²
|
$419,000
3 Bed
1 Bath
1129 ft²
|
$440,000
+5.01%
06/01/2004
|
Tracy Clark
Compass
| |
|
09/07/2001
|
3 Bed
|
1 Bath
|
1129 ft²
|
$299,900
3 Bed
1 Bath
1129 ft²
|
$292,000
-2.63%
12/19/2001
|
Patricia Arpin
Vanguard Realty
| |
|
07/31/1999
|
3 Bed
|
1 Bath
|
1129 ft²
|
$259,000
3 Bed
1 Bath
1129 ft²
|
$243,000
-6.18%
12/17/1999
|
Kathe Geist
Buyer Brokerage Realty
|
Building Info
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