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Boston 02136 Fairmount Hills
59 Summit St
$325,000
● House - Off Market

59 Summit St

Boston, MA 02136
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,020 Ft²
$680,303
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Location! Splendid and unique home on top of Fairmount Hill. Pristine single family cape on very large lot includes sizeable in-ground swimming pool in need of renovation. Featured are updated kitchen, 3 bedrooms, 1.5 baths, fireplace, hardwood floors, spacious enclosed rear patio and exterior patio area, and oversized backyard. Walk to the train. Well maintained, many updates. Perfect for entertaining, especially for pool lovers and gardeners!
Unit Size
1,020 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$327
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1950

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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 #71365370)

Price History

Date / Event Date Event Price
Jun 7, 2012 Sold
Premium
Sold
Apr 10, 2012 Listed by Tierney Realty Group $334,000
Listed by Tierney Realty Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,437
  • Total Building Area: 1,190
  • Gross Building Area: 2,851
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 140202

Zoning

  • Zoning: R1

Geography

  • Parcel: HYDE W:18 P:10696 S:000
  • Municipality: BOSTON-HYDE PARK
  • Latitude: 42.2505
  • Longitude: -71.1127

    Address

  • Full Address: 59 Summit St
  • Address - House Number: 59
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hyde Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 4021
  • Zip Code: 02136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $640,600

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 700,520
  • High Value: 831,239
  • Low Value: 569,801

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,500
  • Assessed Land Value: $285,000
  • Assessed Improvements Value: $311,500

    Sales

  • Current Sale Recording Date: Jun 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
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 Hyde Park

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1885 ft²

Average Home Age

62.9 years

Currently For Sale

49 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 1201 River St, Other, MA, 02136

$1,530 /mo

  • 1 Bed
  • 1 Bath
1201 River St, Other, MA, 02136 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71365370

Frequently Asked Questions

When was property at 59 Summit Street built and last sold?
The property at 59 Summit Street was built in 1950 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 59 Summit Street is $343,645.
What are some comparable homes to 59 Summit Street?
There are currently no comparable homes to 59 Summit Street.
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