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Norfolk 02090
40 Summer Street
$475,000
● House - Off Market

40 Summer Street

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,595 Ft²
$1,115,413
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Pretty Storybook Cape sited on Westwood's Prestigious Summer Street. Pride of ownership throughout this original builder's home. Familyroom,Eat-in kitchen & finished basement makes this 2-3 bedroom home perfect for the buyer that wants to grow with the property. Features include 2 car garage, sunroom & hardwood floors. Brand New State of Art High Efficiency Heating System & Hot Water Tank, Newer Roof & Gutters. Well manicured corner lot.  An excellent opportunity in an extraordinary location!
Unit Size
1,595 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$329
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #71317302)

Price History

Date / Event Date Event Price
Dec 23, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by Century 21 Commonwealth $785,000
Listed by Century 21 Commonwealth
Apr 3, 2012 Sold
Premium
Sold
Dec 6, 2011 Listed by Century 21 Commonwealth $524,800
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6
  • Basement Area: 991
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,584
  • Total Building Area: 1,595
  • Gross Building Area: 3,897
  • Building Area: 1,595
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,595
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000473
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westwood School District
  • School Tax School District: WESTWOOD SD
  • Census Tract: 412200

Geography

  • Account Number: 14
  • Parcel: WWOO M:005 B:000 L:036
  • Lot: 36
  • Municipality: WESTWOOD
  • Latitude: 42.2388
  • Longitude: -71.2179

    Address

  • Full Address: 40 Summer St
  • Address - House Number: 40
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westwood
  • Carrier Code: C004
  • 4-Digit Zip Code: 1006
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,180,600

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,115,067
  • High Value: 1,303,426
  • Low Value: 926,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,600
  • Assessed Land Value: $432,700
  • Assessed Improvements Value: $392,900

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146213
  • Previous Sale Recording Date: Apr 03, 2012
  • Previous Sale Amount: $475,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71317302

Frequently Asked Questions

When was property at 40 Summer Street built and last sold?
The property at 40 Summer Street was built in 1950 and last sold on Oct 22, 2020 for $825,000.
How much is this home worth?
The estimated value of the home located at 40 Summer Street is $785,638.
What are some comparable homes to 40 Summer Street?
There are currently no comparable homes to 40 Summer Street.
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