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Longmeadow 01106
59 Summit Ave
$292,000
● House - Off Market

59 Summit Ave

Longmeadow, MA 01106
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,912 Ft²
$471,814
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

CHARMING CAPE!    Lovely home filled with character, charm and natural woodwork.   Large living room with bay window, hardwood floors & fireplace. Formal dining room with built-in cabinet and hardwood floors.   Bright kitchen with large dining area has access to the deck.    Den with hardwood floors and built-in shelving.   First floor bedroom with adjoining office which could be a huge walk-in closet.  Full bath on first floor.   Second floor with two good sized bedrooms and full bath.   Basement is walk-out and partially finished  containing two full daylight rooms and half bath for additional living space.   Home interior freshly painted in neutral tones.   Huge back yard - two lots are being conveyed with this home making this over a half acre.   Two car garage.   Central air-conditioning.    Value packed home!
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$153
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #72151988)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Apr 24, 2017 Listed by William Raveis R.E. & Home Services $292,000
Listed by William Raveis R.E. & Home Services
Jul 1, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,206
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,416
  • Total Building Area: 2,224
  • Gross Building Area: 4,410
  • Building Area: 2,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 11125D
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Longmeadow School District
  • School Tax School District: LONGMEADOW SD
  • Census Tract: 813301

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0669 B:0024 L:0026
  • Block: 24
  • Lot: 26
  • Municipality: LONGMEADOW
  • Latitude: 42.0384
  • Longitude: -72.5863

    Address

  • Full Address: 59 Summit Ave
  • Address - House Number: 59
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C012
  • 4-Digit Zip Code: 1856
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $844,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 450,435
  • High Value: 537,579
  • Low Value: 363,291

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $408,400
  • Assessed Land Value: $164,100
  • Assessed Improvements Value: $244,300

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 210818
  • Previous Sale Recording Date: Jul 01, 1986
  • Previous Sale Amount: $162,500
  • 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 Longmeadow

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$256

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2864 ft²

Average Home Age

68.8 years

Currently For Sale

32 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72151988

Frequently Asked Questions

When was property at 59 Summit Avenue built and last sold?
The property at 59 Summit Avenue was built in 1949 and last sold on May 22, 2017 for $292,000.
How much is this home worth?
The estimated value of the home located at 59 Summit Avenue is $305,143.
What are some comparable homes to 59 Summit Avenue?
There are currently no comparable homes to 59 Summit Avenue.
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