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Quincy 02170 West Quincy
54 Summit Ave
$370,000
● House - Off Market

54 Summit Ave

Quincy, MA 02170
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,602 Ft²
$724,735
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

This roomy home is set high on the side of Wollaston Hill along the 1st fairway at Furnace Brook Golf Course. 5 good size rooms including 1 BR & full bath down + direct access to 3 season porch. Kitchen & patio look out to 1st fairway. 2nd floor offers 3 BR's, full bath & tree top views of Boston skyline. Garage has been rebuilt & would be an ideal workshop. Large private grassy backyard.  This home needs your personal touches and has the important "3 Ls" Location,Living Area & Lot Size.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$237
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1925

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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: 4 months ago (MLSPIN #71536746)

Price History

Date / Event Date Event Price
Dec 12, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by GRANITE GROUP REALTORS® $379,900
Listed by GRANITE GROUP REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,017
  • Total Building Area: 1,663
  • Gross Building Area: 3,414
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417100

Zoning

  • Zoning: RESA

Geography

  • Account Number: 1844501
  • Parcel: QUIN M:5198C B:41 L:31
  • Block: 41
  • Lot: 31
  • Municipality: QUINCY
  • Latitude: 42.2588
  • Longitude: -71.0247

    Address

  • Full Address: 54 Summit Ave
  • Address - House Number: 54
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Quincy
  • Carrier Code: C002
  • 4-Digit Zip Code: 3701
  • Zip Code: 02170

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $863,600

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 715,743
  • High Value: 866,762
  • Low Value: 564,724

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $766,300
  • Assessed Land Value: $477,700
  • Assessed Improvements Value: $288,600

    Sales

  • Current Sale Recording Date: Dec 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141830
  • Previous Sale Recording Date: Dec 12, 2013
  • Previous Sale Amount: $370,000
  • 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 West Quincy

Stats & Trends

Median Asking:

$749,950

Sale Price/ft²

$520

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1626 ft²

Average Home Age

73.7 years

Currently For Sale

6 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

Unit for rent at 175 Centre Street, Quincy, MA, 02169

$2,380 /mo

  • 1 Bed
  • 1 Bath
  • 618 ft²
175 Centre Street #Adam_noFireplace, Quincy, MA, 02169 Listing by Equity Residential
Unit for rent at 333 Ricciuti Dr., Quincy, MA, 02169

$2,835 /mo

  • 1 Bed
  • 1 Bath
  • 740 ft²
333 Ricciuti Dr. #1 Bedroom A, Quincy, MA, 02169 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71536746

Frequently Asked Questions

When was property at 54 Summit Avenue built and last sold?
The property at 54 Summit Avenue was built in 1925 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 54 Summit Avenue is $401,749.
What are some comparable homes to 54 Summit Avenue?
There are currently no comparable homes to 54 Summit Avenue.
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