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Arlington 02474 Arlington Heights
569 Summer Street
$370,000
● House - Off Market

569 Summer Street

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,396 Ft²
$773,050
RealtyHop Estimate
98.73%
Since Mar 1, 2004
MA-Boston
Primary Model

About This Property

IMMACULATE 3 BEDROOM COLONIAL IN MOVE IN CONDITION, BEAUTIFUL KITCHEN, FORMAL DININGROOM WITH HUTCH AND WINDOW SEAT, NEWER WINDOWS, FIREPLACED LIVINGROOM, DECK, GARAGE UNDER, NOT A DRIVEBY, A MUST SEE.
Unit Size
1,396 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$279
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1928

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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 #30801425)

Price History

Date / Event Date Event Price
Feb 27, 2004 Sold
Premium
Sold
Jan 8, 2004 Listed by Metro Properties $389,000
Listed by Metro Properties

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 672
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,829
  • Total Building Area: 1,396
  • Gross Building Area: 2,624
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 12180A
  • Land Acres: 0000000088
  • 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: 71905
  • Parcel: ARLI M:113.0 B:0003 L:0006
  • Block: 3
  • Lot: 6
  • Municipality: ARLINGTON
  • Latitude: 42.4299
  • Longitude: -71.1776

    Address

  • Full Address: 569 Summer St
  • Address - House Number: 569
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C044
  • 4-Digit Zip Code: 2416
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 828,157
  • High Value: 974,056
  • Low Value: 682,258

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $654,500
  • Assessed Land Value: $370,700
  • Assessed Improvements Value: $283,800

    Sales

  • Current Sale Recording Date: Feb 27, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1311519
  • Previous Sale Recording Date: Feb 27, 2004
  • Previous Sale Amount: $370,000
  • 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 Arlington Heights

Stats & Trends

Median Asking:

$1,095,000

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3214 ft²

Average Home Age

53.6 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 30801425

Frequently Asked Questions

When was property at 569 Summer Street built and last sold?
The property at 569 Summer Street was built in 1928 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 569 Summer Street is $415,455.
What are some comparable homes to 569 Summer Street?
There are currently no comparable homes to 569 Summer Street.
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