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Arlington 02474 Arlington Heights
601 Summer Street
$369,900
● House - Off Market

601 Summer Street

Arlington, MA 02474
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$692,940
RealtyHop Estimate
87.33%
Since Aug 1, 2004
MA-Boston
Primary Model

About This Property

Charming 6+ room Bungalow with gleaming hardwood floors throughout.  1st floor has high ceilings and large living room + den, spacious kitchen and dining room.  2nd floor with two bedrooms + study/nursery, bath new in 2000.  Lower level family.  Lovely enclosed front porch.  Near Reeds Brook Park.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$308
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1926

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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: 6 months ago (MLSPIN #70034512)

Price History

Date / Event Date Event Price
Jul 20, 2004 Sold
Premium
Sold
May 13, 2004 Listed by Century 21 Adams KC $369,900
Listed by Century 21 Adams KC
Mar 26, 1999 Sold
Premium
Sold
Jan 29, 1999 Listed by Century 21 Adams KC $209,000
Listed by Century 21 Adams KC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,859
  • Total Building Area: 1,334
  • Gross Building Area: 2,324
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000089
  • 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: 71996
  • Parcel: ARLI M:113.0 B:0003 L:0016
  • Block: 3
  • Lot: 16
  • Municipality: ARLINGTON
  • Latitude: 42.4304
  • Longitude: -71.179

    Address

  • Full Address: 601 Summer St
  • Address - House Number: 601
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Arlington
  • Carrier Code: C044
  • 4-Digit Zip Code: 2417
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $681,300

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 808,530
  • High Value: 954,137
  • Low Value: 662,924

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,300
  • Assessed Land Value: $371,300
  • Assessed Improvements Value: $272,000

    Sales

  • Current Sale Recording Date: Jul 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 189104
  • Previous Sale Recording Date: Mar 26, 1999
  • Previous Sale Amount: $200,000
  • 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:

$1,097,500

Sale Price/ft²

$566

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3241 ft²

Average Home Age

52.9 years

Currently For Sale

24 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70034512

Frequently Asked Questions

When was property at 601 Summer Street built and last sold?
The property at 601 Summer Street was built in 1926 and last sold on Jan 1, 1970 for $369,900.
How much is this home worth?
The estimated value of the home located at 601 Summer Street is $384,584.
What are some comparable homes to 601 Summer Street?
There are currently no comparable homes to 601 Summer Street.
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