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Newton 02458 Newton Corner
72 Summit Street
Photo of 72 Summit Street
Sold on Sep 30, 2009

1

Map

$795,000
● House - Off Market

72 Summit Street

Newton, MA 02458
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,875 Ft²
$1,549,947
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model

About This Property

Gracious 3 bedroom, 2.5 bath Colonial on choice Newton street, beautifully situated on lot. First floor consists of living room with fireplace, family room, dining room, updated kitchen, sun room and a half bathroom. Master bedroom suite on second floor has a private master bath. Fully finished lower level with bonus office and playroom space. Property set on level lot enhanced with deck. There is a one car garage.
Unit Size
1,875 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$399
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1938

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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 #70928393)

Price History

Date / Event Date Event Price
Sep 30, 2009 Sold
Premium
Sold
Jun 3, 2009 Listed $749,000
Listed
Apr 16, 1992 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 6
  • Basement Area: 953
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,870
  • Total Building Area: 2,468
  • Gross Building Area: 3,761
  • Building Area: 2,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,468
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 373500

Zoning

  • Zoning: SR2

Geography

  • Account Number: 12021 0031
  • District: 207
  • Parcel: NEWT S:12 B:021 L:0031
  • Block: 21
  • Lot: 31
  • Municipality: NEWTON
  • Latitude: 42.3525
  • Longitude: -71.1918

    Address

  • Full Address: 72 Summit St
  • Address - House Number: 72
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton
  • Carrier Code: C039
  • 4-Digit Zip Code: 1809
  • Zip Code: 02458

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,531,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,760,426
  • High Value: 2,050,056
  • Low Value: 1,470,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,568,700
  • Assessed Land Value: $1,004,500
  • Assessed Improvements Value: $564,200

    Sales

  • Current Sale Recording Date: Sep 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00191439
  • Previous Sale Recording Date: Apr 16, 1992
  • Previous Sale Amount: $242,700
  • 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 Newton Corner

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2712 ft²

Average Home Age

80.5 years

Currently For Sale

26 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 20 Watertown St., Watertown, MA, 02472

$2,740 /mo

  • Studio
  • 1 Bath
  • 767 ft²
20 Watertown St. #Studio D, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70928393

Frequently Asked Questions

When was property at 72 Summit Street built and last sold?
The property at 72 Summit Street was built in 1938 and last sold on Jan 1, 1970 for $795,000.
How much is this home worth?
The estimated value of the home located at 72 Summit Street is $775,844.
What are some comparable homes to 72 Summit Street?
There are currently no comparable homes to 72 Summit Street.
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