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Walpole 02081
48 Summit Ave
$312,000
● House - Off Market

48 Summit Ave

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,180 Ft²
$676,916
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Lovely 4 bedroom Cape/Colonial situated on nearly 1/2 acre wooded lot in desirable East Walpole. Close to all highways and transportation. Commuter rail in center of town. Under 40 minutes to South Station in Boston. House shows beautifully!! Spacious and open floor plan. Easy to show. Nothing to do but move in.
Unit Size
2,180 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$149
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1935

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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 #71332924)

Price History

Date / Event Date Event Price
Oct 12, 2012 Sold
Premium
Sold
Jan 31, 2012 Listed by RE/MAX Real Estate Center $325,000
Listed by RE/MAX Real Estate Center
Jun 1, 2001 Sold
Premium
Sold
May 1, 2001 Listed by RE/MAX Real Estate Center $279,900
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,859
  • Total Building Area: 2,784
  • Gross Building Area: 3,472
  • Building Area: 2,784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,784
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411102

Geography

  • Account Number: D101053027
  • District: 307
  • Parcel: WALP M:00035 B:00265 L:00000
  • Block: 265
  • Municipality: WALPOLE
  • Latitude: 42.1408
  • Longitude: -71.2258

    Address

  • Full Address: 48 Summit Ave
  • Address - House Number: 48
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Walpole
  • Carrier Code: C011
  • 4-Digit Zip Code: 4220
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $852,200

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 805,679
  • High Value: 943,980
  • Low Value: 667,378

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,600
  • Assessed Land Value: $282,100
  • Assessed Improvements Value: $362,500

    Sales

  • Current Sale Recording Date: Oct 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Amount: $276,400
  • 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 Walpole

Stats & Trends

Median Asking:

$629,450

Sale Price/ft²

$385

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1621 ft²

Average Home Age

26.8 years

Currently For Sale

24 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# 71332924

Frequently Asked Questions

When was property at 48 Summit Avenue built and last sold?
The property at 48 Summit Avenue was built in 1935 and last sold on Jan 1, 1970 for $312,000.
How much is this home worth?
The estimated value of the home located at 48 Summit Avenue is $354,187.
What are some comparable homes to 48 Summit Avenue?
There are currently no comparable homes to 48 Summit Avenue.
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