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Boston 02136 Stony Brook - Cleary Square
85 Summer St
$550,000
● House - Off Market

85 Summer St

Boston, MA 02136
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,444 Ft²
$557,834
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

**Estate Sale**  Attention contractors and DIYers. Roll up your sleeves and make this house your own!  Much loved home in need of updates. 3+bedroom 2 bath Cape. Home has large first floor bedroom with expanded closet space. There is an additional room with closet that can be used as bedroom,den or home office. Home has driveway and partially fenced large back yard. Hardwood floors under carpet!  Bus to Forest Hills MBTA Station is steps from your door. Close proximity to Commuter Rail Station. Fabulous opportunity to own in a Boston neighborhood with a full spectrum of city amenities including retail shops,restaurants as well as nearby parks, trails a local golf course. Great opportunity to build instant equity. This is an estate sale. Property is being sold as is.
Unit Size
1,444 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$380
Property Type
House
Property Taxes
$325
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: 4 months ago (MLSPIN #72978164)

Price History

Date / Event Date Event Price
Jun 27, 2022 Sold
Premium
Sold
May 9, 2022 Listed by Mediano Real Estate $549,000
Listed by Mediano Real Estate
Jun 25, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,444
  • Gross Building Area: 2,664
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND HYDE PARK
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 140107

Zoning

  • Zoning: R1

Geography

  • Parcel: HYDE W:18 P:11129 S:000
  • Municipality: BOSTON-HYDE PARK
  • Latitude: 42.2602
  • Longitude: -71.1248

    Address

  • Full Address: 85 Summer St
  • Address - House Number: 85
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hyde Park
  • Carrier Code: C012
  • 4-Digit Zip Code: 1547
  • Zip Code: 02136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $464,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 567,386
  • High Value: 670,023
  • Low Value: 464,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432,800
  • Assessed Land Value: $157,200
  • Assessed Improvements Value: $275,600

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55559
  • Previous Sale Recording Date: Jun 25, 1996
  • Previous Sale Amount: $1,270,000
  • 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 Hyde Park

Stats & Trends

Median Asking:

$649,950

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1941 ft²

Average Home Age

72.7 years

Currently For Sale

47 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: 4 months ago
Data Source: MLS PIN, MLS# 72978164

Frequently Asked Questions

When was property at 85 Summer Street built and last sold?
The property at 85 Summer Street was built in 1950 and last sold on Jun 27, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 85 Summer Street is $556,820.
What are some comparable homes to 85 Summer Street?
There are currently no comparable homes to 85 Summer Street.
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