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Arlington 02474 Brattle
359 Summer Street
$465,000
● House - Off Market

359 Summer Street

Arlington, MA 02474
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,832 Ft²
$852,341
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Not to be missed! Set back and high up from Summer Street awaits a spacious, sunny home with  plenty of room for the whole family!  Open the door to a welcoming sunroom that leads into the LR and DR with wood beamed ceilings.  The rest of the first floor offers an office, two bedrooms, and full bath.  Nice sized kitchen has wood cabinets with a pantry\closet.  Bonus: mudroom\back porch.   Second floor boasts: two bedrooms, seperate walk in closet, full bathroom and a partial kitchen. This property has some hardwood floors, newer windows, 2008 furnace!  BIG, private, fantastic backyard with patio area for easy entertaining.  Need more space? The basement is partially finished.  Lots of parking! Lots of storage. Close to bike path and skating rink.
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$245
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1922

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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 #71582356)

Price History

Date / Event Date Event Price
Apr 22, 2021 Sold
Premium
Sold
Mar 10, 2021 Listed by Coldwell Banker Residential Brokerage - Arlington $999,000
Listed by Coldwell Banker Residential Brokerage - Arlington
Nov 26, 2013 Sold
Premium
Sold
Sep 12, 2013 Listed by Coldwell Banker Residential Brokerage - Arlington $449,000
Listed by Coldwell Banker Residential Brokerage - Arlington

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,457
  • Total Building Area: 2,283
  • Gross Building Area: 3,453
  • Building Area: 2,283
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,283
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Arlington School District
  • School Tax School District: ARLINGTON PS
  • Census Tract: 356601

Zoning

  • Zoning: R1

Geography

  • Account Number: 49496
  • Parcel: ARLI M:080.0 B:0001 L:0005
  • Block: 1
  • Lot: 5
  • Municipality: ARLINGTON
  • Latitude: 42.4246
  • Longitude: -71.17

    Address

  • Full Address: 359 Summer St
  • Address - House Number: 359
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C036
  • 4-Digit Zip Code: 2437
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,121,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,336,315
  • High Value: 1,572,441
  • Low Value: 1,100,189

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,059,300
  • Assessed Land Value: $469,300
  • Assessed Improvements Value: $590,000

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91208
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Amount: $465,000
  • Previous 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 Brattle

Stats & Trends

Median Asking:

$1,004,750

Sale Price/ft²

$643

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2153 ft²

Average Home Age

62.8 years

Currently For Sale

12 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# 71582356

Frequently Asked Questions

When was property at 359 Summer Street built and last sold?
The property at 359 Summer Street was built in 1922 and last sold on Apr 22, 2021 for $1,210,000.
How much is this home worth?
The estimated value of the home located at 359 Summer Street is $1,020,653.
What are some comparable homes to 359 Summer Street?
There are currently no comparable homes to 359 Summer Street.
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