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Waltham 02453 Bank Square
76 Summit Avenue
$399,900
● House - Off Market

76 Summit Avenue

Waltham, MA 02453
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,291 Ft²
$696,372
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

HIGHLY DESIRABLE CEDARWOOD COMMUNITY!  Pristine Brick Front Ranch Home Featuring BRAND NEW 2015 Granite Kitchen, Fireplaced Living room, Formal Dining room, sizable bedrooms, Newly Finished Basement Family room, NEWLY Painted Interior, Newer 2007 Roof, NEWER 2008 Windows, New 2014 Insulation, Patio, 1 Car Garage and More!
Unit Size
1,291 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$310
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1951

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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 #71822491)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Apr 23, 2015 Listed by Coldwell Banker Residential Brokerage - Waltham $399,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Jan 23, 2007 Sold
Premium
Sold
May 20, 2006 Listed by Coldwell Banker Residential Brokerage - Waltham $339,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Nov 15, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 884
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,902
  • Total Building Area: 1,680
  • Gross Building Area: 1,768
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 108118
  • Parcel: WALT M:067 B:002 L:0016
  • Block: 2
  • Lot: 16
  • Municipality: WALTHAM
  • Latitude: 42.3717
  • Longitude: -71.2584

    Address

  • Full Address: 76 Summit Ave
  • Address - House Number: 76
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Waltham
  • Carrier Code: C010
  • 4-Digit Zip Code: 7736
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,300

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 718,108
  • High Value: 847,942
  • Low Value: 588,274

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,300
  • Assessed Land Value: $380,500
  • Assessed Improvements Value: $203,800

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104181
  • Previous Sale Recording Date: Jan 23, 2007
  • Previous Sale Amount: $330,000
  • 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 Bank Square

Stats & Trends

Median Asking:

$849,999

Sale Price/ft²

$480

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2494 ft²

Average Home Age

88.1 years

Currently For Sale

14 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 237 Moody St., Waltham, MA, 02453

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 979 ft²
237 Moody St. #1 Bedroom R, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,483 /mo

  • 2 Beds
  • 2 Baths
  • 1,217 ft²
70 Hope Ave #Winchester, Waltham, MA, 02453 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# 71822491

Frequently Asked Questions

When was property at 76 Summit Avenue built and last sold?
The property at 76 Summit Avenue was built in 1951 and last sold on Jan 1, 1970 for $399,900.
How much is this home worth?
The estimated value of the home located at 76 Summit Avenue is $418,590.
What are some comparable homes to 76 Summit Avenue?
There are currently no comparable homes to 76 Summit Avenue.
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