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Arlington 02474 Arlington Heights
54 Summit St
Photo of 54 Summit St
Sold on Oct 14, 2011

1

Map

$457,000
● House - Off Market

54 Summit St

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,291 Ft²
$979,636
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

True pride of ownership is evident in this beautiful, move-in ready, 3 bedrm w. park-like setting. Renov. from top to bottom. Meticulous workmanship w.gleaming hdwood floors, chefs kitchen w. granite,brkfst isl,cherry cab,new SS appliances,new siding/driveway. Enjoy winter nites by the fireplaced living room and warm summer days are extended on the huge 450sq.ft. encl.deck.  This is the home you've been waiting for!
Unit Size
1,291 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$356
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1965

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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: 29 days ago (MLSPIN #71274898)

Price History

Date / Event Date Event Price
Oct 14, 2011 Sold
Premium
Sold
Aug 14, 2011 Listed by Mary Gail Realty $459,999
Listed by Mary Gail Realty
Oct 29, 2008 Sold
Premium
Sold
Sep 12, 2008 Listed by Mary Gail Realty $439,900
Listed by Mary Gail Realty
Jul 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 528
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,260
  • Total Building Area: 1,080
  • Gross Building Area: 2,077
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Arlington School District
  • School Tax School District: ARLINGTON PS
  • Census Tract: 356500

Zoning

  • Zoning: R1

Geography

  • Account Number: 53042
  • Parcel: ARLI M:084.0 B:0005 L:0003
  • Block: 5
  • Lot: 3
  • Municipality: ARLINGTON
  • Latitude: 42.4296
  • Longitude: -71.1805

    Address

  • Full Address: 54 Summit St
  • Address - House Number: 54
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C022
  • 4-Digit Zip Code: 2634
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $754,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 838,547
  • High Value: 974,891
  • Low Value: 702,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $712,000
  • Assessed Land Value: $421,800
  • Assessed Improvements Value: $290,200

    Sales

  • Current Sale Recording Date: Oct 14, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000157
  • Previous Sale Recording Date: Oct 29, 2008
  • Previous Sale Amount: $421,000
  • Previous Sale Document Type: 48
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 Arlington Heights

Stats & Trends

Median Asking:

$1,095,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3208 ft²

Average Home Age

52.6 years

Currently For Sale

22 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

Click here to view more rentals in the neighborhood.
Last Updated: 29 days ago
Data Source: MLS PIN, MLS# 71274898

Frequently Asked Questions

When was property at 54 Summit Street built and last sold?
The property at 54 Summit Street was built in 1965 and last sold on Jan 1, 1970 for $457,000.
How much is this home worth?
The estimated value of the home located at 54 Summit Street is $479,306.
What are some comparable homes to 54 Summit Street?
There are currently no comparable homes to 54 Summit Street.
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