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Holbrook 02343
42 Summit Rd
$300,000
● House - Off Market

42 Summit Rd

Holbrook, MA 02343
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,294 Ft²
$440,078
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Welcome Home to this lovely  Ranch on a quiet side street in the Holbrook Grove. Two generously sized bedrooms and bonus office or small bedroom. Fully updated eat in kitchen with granite counter tops, stainless steel appliances, newer cabinetry and laminate flooring. Updated bathroom . Huge living room with fireplace and hardwood flooring. Many updates through out  and still tons of character and potential. This place just blossoms in the spring and is picturesque in the fall. Great first time home buyer house.
Unit Size
1,294 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$236
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #72455816)

Price History

Date / Event Date Event Price
Apr 8, 2019 Sold
Premium
Sold
Feb 21, 2019 Listed by Keller Williams Realty $304,900
Listed by Keller Williams Realty
Jul 30, 2008 Sold
Premium
Sold
Jun 12, 2008 Listed by Keller Williams Realty $209,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 932
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,052
  • Gross Building Area: 1,999
  • Building Area: 1,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Holbrook School District
  • School Tax School District: HOLBROOK SD
  • Census Tract: 421100

Zoning

  • Zoning: R3

Geography

  • Parcel: HOLB M:40 L:237-00-0
  • Lot: 237--0
  • Municipality: HOLBROOK
  • Latitude: 42.1374
  • Longitude: -71.0187

    Address

  • Full Address: 42 Summit Rd
  • Address - House Number: 42
  • Address - Street Name: Summit
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Holbrook
  • Carrier Code: C011
  • 4-Digit Zip Code: 2139
  • Zip Code: 02343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $604,400

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 468,428
  • High Value: 555,066
  • Low Value: 381,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,000
  • Assessed Land Value: $206,400
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Contract Date: Mar 30, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25336
  • Previous Sale Recording Date: Jul 30, 2008
  • Previous Sale Amount: $209,900
  • Previous Sale Document Type: 27
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 Holbrook

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1636 ft²

Average Home Age

73 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72455816

Frequently Asked Questions

When was property at 42 Summit Road built and last sold?
The property at 42 Summit Road was built in 1950 and last sold on Mar 30, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 42 Summit Road is $318,607.
What are some comparable homes to 42 Summit Road?
There are currently no comparable homes to 42 Summit Road.
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