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Barnstable 02667
75 Summit St
$670,000
● House - Off Market

75 Summit St

Wellfleet, MA 02667
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,052 Ft²
$899,818
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Wonderful walk to town property with loads of potential. Sunny lot on the height of the hill of Summit St.Master bedroom with deck and wonderful view.Large lot 2 dwellings. Barn with studio, loft and Large walkout basement, cathedral ceilings, skylights.Barn consist of roughly 600 sq. feet and full basement.
Unit Size
1,052 Ft²
Days on Market
-
Land Size
-
Price per sqft
$808
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1983

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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: 4 months ago (MLSPIN #73011829)

Price History

Date / Event Date Event Price
Jan 13, 2023 Sold
Premium
Sold
Dec 2, 2022 In contract -
In contract
Jul 13, 2022 Listed by William Raveis Chatham $850,000
Listed by William Raveis Chatham
Sep 16, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1991
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 1,052
  • Building Area: 1,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Nauset School District
  • Census Tract: 010206

Zoning

  • Zoning: R30

Geography

  • Account Number: 1979
  • Parcel: WELL M:020.0 B:0123 L:0000.2
  • Block: 123
  • Lot: 2
  • Municipality: WELLFLEET
  • Latitude: 41.9335
  • Longitude: -70.0393

    Address

  • Full Address: 75 Summit St
  • Address - House Number: 75
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellfleet
  • Carrier Code: R001
  • 4-Digit Zip Code: 7361
  • Zip Code: 02667

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,100

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 968,301
  • High Value: 1,137,510
  • Low Value: 799,091

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $746,800
  • Assessed Land Value: $331,200
  • Assessed Improvements Value: $415,600

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1979
  • Previous Sale Recording Date: Sep 16, 2004
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Barnstable

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$497

Above Asking

0.31%

Average Days on Market

62

Average Home Size

2281 ft²

Average Home Age

55.7 years

Currently For Sale

893 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: 4 months ago
Data Source: MLS PIN, MLS# 73011829

Frequently Asked Questions

When was property at 75 Summit Street built and last sold?
The property at 75 Summit Street was built in 1983 and last sold on Jan 13, 2023 for $670,000.
How much is this home worth?
The estimated value of the home located at 75 Summit Street is $830,631.
What are some comparable homes to 75 Summit Street?
There are currently no comparable homes to 75 Summit Street.
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