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Greenfield Town 01301
40 Summer Street
$177,000
● House - Off Market

40 Summer Street

Greenfield, MA 01301
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,413 Ft²
$301,572
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Terrific location for this solid home in the Four Corners neighborhood. Situated on a level .59 acre double lot on a corner,  beautifully landscaped and allows for plenty of room to add a pool or have extensive gardens.  There are 4 bedrooms, 2 on the first floor which makes this home ideal for multi generational use or for a home office. Off the living room is a sweet south facing enclosed sun porch, and a great pantry off the kitchen for ample storage. The second floor bedrooms are large and there is an area for a potential second bathroom. The basement is partially finished to allow for more room for entertaining. Convenient  location for commuters in all directions.
Unit Size
1,413 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$127
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1938

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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: 5 months ago (MLSPIN #72054416)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Mar 23, 2021 Listed by Cohn & Company $240,000
Listed by Cohn & Company
Nov 2, 2016 Sold
Premium
Sold
Aug 17, 2016 Listed by Cohn & Company $179,000
Listed by Cohn & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 910
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,613
  • Total Building Area: 1,413
  • Gross Building Area: 2,942
  • Building Area: 1,413
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,413
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000588
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Greenfield School District
  • Census Tract: 041100

Zoning

  • Zoning: RA

Geography

  • Parcel: GREE M:0123 B:0029 L:0
  • Block: 29
  • Municipality: GREENFIELD
  • Latitude: 42.6112
  • Longitude: -72.5942

    Address

  • Full Address: 40 Summer St
  • Address - House Number: 40
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Greenfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 1463
  • Zip Code: 01301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,900

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 59
  • Final Value: 278,897
  • High Value: 335,283
  • Low Value: 222,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,000
  • Assessed Land Value: $79,400
  • Assessed Improvements Value: $151,600

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5724
  • Previous Sale Recording Date: Nov 02, 2016
  • Previous Sale Amount: $177,000
  • 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 Greenfield Town

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1990 ft²

Average Home Age

95.6 years

Currently For Sale

31 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72054416

Frequently Asked Questions

When was property at 40 Summer Street built and last sold?
The property at 40 Summer Street was built in 1938 and last sold on Apr 22, 2021 for $251,000.
How much is this home worth?
The estimated value of the home located at 40 Summer Street is $242,299.
What are some comparable homes to 40 Summer Street?
There are currently no comparable homes to 40 Summer Street.
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