$1,365,000
●
Condo -
Off Market
48 Summit Ave #3
Brookline, MA 02446
3 Beds
2 Baths
1,550 Ft²
$1,461,734
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model
About This Property
At the heart of Coolidge corner and minutes from Washington Square,
this newly renovated, 1,550 sq.ft., top level unit offers 3
bedrooms and 2 full baths. The main living area features a sleek,
white eat-in kitchen that opens to the living/dining room.
There is also a formal living room along with a private
study, that could be used as a guest room. Other features
include: high ceilings, period details, in unit washer/dryer, new
electrical wiring throughout, new plumbing in the kitchen and both
bathrooms and 2-car, side-by-side deeded parking! Two large private
storage spaces in the basement. Common roof deck with spectacular
views of Boston! Convenient to 'T', Driscoll school, shops,
restaurants, library, Longwood Medical Area, Trader Joe's, Whole
Foods, and many parks. Professionally managed building,
pet-friendly association. Move right in and make it your new home.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$903
Property Type
Condo
Property Taxes
$924
HOA Dues
$683
Year Built
-
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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 #72993478)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Unlimited Sotheby's International Realty | $1,399,000 | |
| Listed by Unlimited Sotheby's International Realty | |||
| Nov 21, 2016 | Sold | ||
| Sold | |||
| Sep 16, 2016 | Listed by Unlimited Sotheby's International Realty | $950,000 | |
| Listed by Unlimited Sotheby's International Realty | |||
| | |||
|
Fabulous large floor-through penthouse in desirable Coolidge Corner. This bright, sun-lit 3 bed / 2 bath unit features great welcoming foyer, high ceilings, hardwood floors, period details. Modern updated eat-in-kitchen, formal dining room, additional spacious office / library, full size washer/dryer in unit, two private storage spaces in basement. Direct access to common roof deck w/spectacular views of Boston! 2 car side by side deeded parking!!!!! Professionally managed building, pet friendly, high owner occupancy.
| |||
| Jun 1, 2010 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Home Office
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Flooring Type: Wood, Carpet
Laundry Features: First Floor
Rooms: 7
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1550
Year Built Source: Public Records
Year Built: 1915
Building Area Total: 1550
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Deck - Roof
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $1,088,300
Tax Annual Amount: $11,090
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat
HOA/Condo/Coop Amenities: Hot Water, Storage
HOA Fee: $683
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
06/07/2022
|
3 Bed
|
2 Bath
|
1550 ft²
|
$1,399,000
3 Bed
2 Bath
1550 ft²
|
$1,365,000
-2.43%
08/10/2022
|
Osnat Levy
Unlimited Sotheby's International Realty
| |
|
09/16/2016
|
3 Bed
|
2 Bath
|
1550 ft²
|
$950,000
3 Bed
2 Bath
1550 ft²
|
$945,000
-0.53%
11/21/2016
|
Roman Reznikov
Castles Unlimited®
| |
|
03/16/2012
|
3 Bed
|
2 Bath
|
1495 ft²
|
$675,000
3 Bed
2 Bath
1495 ft²
|
$662,500
-1.85%
06/04/2012
|
The Power of Two Holly & Jerry
Classic Realty
| |
|
03/16/2010
|
3 Bed
|
2 Bath
|
1550 ft²
|
$659,000
3 Bed
2 Bath
1550 ft²
|
$675,000
+2.43%
06/01/2010
|
Pat Nelson
| |
|
09/10/2004
|
3 Bed
|
2 Bath
|
1550 ft²
|
$645,000
3 Bed
2 Bath
1550 ft²
|
$615,000
-4.65%
11/17/2004
|
Scott Goldsmith
| |
|
08/29/2003
|
3 Bed
|
2 Bath
|
1485 ft²
|
$529,000
3 Bed
2 Bath
1485 ft²
|
$507,500
-4.06%
11/10/2003
|
Elane Fine
William Raveis R. E. & Home Services
| |
|
03/25/2003
|
3 Bed
|
2 Bath
|
1550 ft²
|
$579,900
3 Bed
2 Bath
1550 ft²
|
$579,900
05/14/2003
|
Olga Lysenko
Keller Williams Realty Boston Northwest
|
Building Info
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