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Adams 01220
51 Summer St
$57,900
● House - Off Market

51 Summer St

Adams, MA 01220
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,836 Ft²
$83,049
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Welcome to 51 Summer St! This 2 bed 2 bath conventional style home is located in the quaint town of Adams MA. This home comes equipped with a spacious family living room, wood flooring throughout, a detached 2 car garage and 1836 sqft of living space. In need of some aesthetic updates but with very little TLC this diamond in the rough will shine again. Located close to the downtown area, restaurants and local amenities.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$30
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1900

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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 #72359027)

Price History

Date / Event Date Event Price
Jan 3, 2022 Sold
Premium
Sold
Sep 28, 2018 Sold
Premium
Sold
Aug 8, 2018 Sold
Premium
Sold
Jul 9, 2018 Listed by Agnelli Real Estate, LLC $54,900
Listed by Agnelli Real Estate, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 918
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Adams-Cheshire School District
  • School Tax School District: BERKSHRE ARTS/T
  • Census Tract: 922100

Zoning

  • Zoning: R4

Geography

  • Account Number: 41160000001680
  • Parcel: ADAM M:1160 B:0000 L:01680
  • Lot: 1680
  • Municipality: ADAMS
  • Latitude: 42.6216
  • Longitude: -73.1147

    Address

  • Full Address: 51 Summer St
  • Address - House Number: 51
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Adams
  • Carrier Code: C007
  • 4-Digit Zip Code: 1921
  • Zip Code: 01220

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $314,300

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 231,579
  • High Value: 277,098
  • Low Value: 186,059

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $179,200
  • Assessed Land Value: $39,500
  • Assessed Improvements Value: $139,700

    Sales

  • Current Sale Contract Date: Jan 03, 2022
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21
  • Previous Sale Recording Date: Sep 28, 2018
  • Previous Sale Amount: $57,900
  • 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 Adams

Stats & Trends

Median Asking:

$257,450

Sale Price/ft²

$171

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2393 ft²

Average Home Age

110.5 years

Currently For Sale

2 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# 72359027

Frequently Asked Questions

When was property at 51 Summer Street built and last sold?
The property at 51 Summer Street was built in 1900 and last sold on Jan 3, 2022 for $195,000.
How much is this home worth?
The estimated value of the home located at 51 Summer Street is $60,788.
What are some comparable homes to 51 Summer Street?
There are currently no comparable homes to 51 Summer Street.
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