$667,000
●
Condo -
Off Market
88 Summer St. #21
Arlington, MA 02474
2 Beds
3 Baths,
1
Half Bath
2,158 Ft²
$1,064,087
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model
About This Property
Built in 2001, this exceptional townhome offers 2,158 sq.ft. of
living space in one of Arlington's most walkable locations. 2
Bedrooms plus a top floor Bonus Room and Roof Deck make this home a
great option for most home buyers. The Minuteman Bikeway is
just steps from the back of the property and runs from Bedford all
the way to the Alewife area, right through Arlington Center.
The combination of some of the best rated schools in the area
and an extremely convenient commuter location make this property a
true gem!
Unit Size
2,158 Ft²
Days on Market
-
Land Size
-
Price per sqft
$299
Property Type
Condo
Property Taxes
$569
HOA Dues
$352
Year Built
-
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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: 5 years ago (MLSPIN #72074785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2016 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Listed by JT Fleming & Company | $645,000 | |
| Listed by JT Fleming & Company | |||
| Oct 23, 2012 | Sold | ||
| Sold | |||
| Jun 2, 2012 | Listed by eXp Realty | $479,000 | |
| Listed by eXp Realty | |||
| | |||
|
Stunning four level townhouse at The Village at Cutters Mill in Arlington center!! This home has almost 2,200 sqft of living space and attached two car garage.Brand new custom kitchen with ss appliances,granite countertops,undermount sink, and subway tile backsplash.The unit boasts 3 decks, custom paint throughout,gas fireplace, central air, loft area w/walkout roof deck w/ seasonal views of Boston.Right on minuteman bike trail,T,restaurants,shopping.Ten minutes to Boston.Great Location.
| |||
| Jul 29, 2003 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: Main
Features: Flooring - Stone/Ceramic Tile, Recessed Lighting
Level: Third
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Third
Features: Closet, Flooring - Wood
Features: Closet - Linen, Flooring - Hardwood
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: Second
Features: Closet, Flooring - Wood
Level: Third
Level: Second
Features: Flooring - Hardwood, Balcony - Exterior, Recessed Lighting
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Third
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Bonus Room
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: In Unit, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Village At Cutter's Mill
Structure Type: Townhouse
Other Structures: Gazebo
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Porch, Deck, Deck - Roof, Deck - Wood
Lead Paint: None
Lot Size Units: Acres
Zoning: R6
Parcel Number: 4284041
Water Source: Public
Financial Details
Tax Assessed Value: $533,700
Tax Annual Amount: $6,831
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $352
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Public School
Pets Allowed: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/09/2022
|
3 Bed
|
3 Bath
|
2135 ft²
|
$839,000
3 Bed
3 Bath
2135 ft²
|
$910,000
+8.46%
05/10/2022
|
Terry McCarthy
Coldwell Banker Realty - Belmont
| |
|
09/29/2016
|
2 Bed
|
3 Bath
|
2158 ft²
|
$645,000
2 Bed
3 Bath
2158 ft²
|
$667,000
+3.41%
11/22/2016
|
Shell Yu
JT Fleming & Company
| |
|
06/02/2012
|
3 Bed
|
3 Bath
|
2158 ft²
|
$479,000
3 Bed
3 Bath
2158 ft²
|
$470,000
-1.88%
10/23/2012
|
Jeremy Richman
Keller Williams Realty Boston Northwest
| |
|
05/10/2012
|
2 Bed
|
3 Bath
|
2131 ft²
|
$479,000
2 Bed
3 Bath
2131 ft²
|
$474,000
-1.04%
07/31/2012
|
Susan Rudd
Leading Edge Real Estate
| |
|
04/08/2010
|
2 Bed
|
3 Bath
|
2197 ft²
|
$514,900
2 Bed
3 Bath
2197 ft²
|
$512,000
-0.56%
06/23/2010
|
Lynne Thompson
Gibson Sotheby's International Realty
| |
|
07/10/2009
|
3 Bed
|
3 Bath
|
2135 ft²
|
$499,000
3 Bed
3 Bath
2135 ft²
|
$490,000
-1.80%
10/02/2009
|
James White
James S. White Real Estate
| |
|
05/19/2005
|
2 Bed
|
3 Bath
|
2135 ft²
|
$525,000
2 Bed
3 Bath
2135 ft²
|
$520,000
-0.95%
07/25/2005
|
James White
James S. White Real Estate
| |
|
05/11/2004
|
2 Bed
|
2 Bath
|
2175 ft²
|
$514,900
2 Bed
2 Bath
2175 ft²
|
$514,900
07/21/2004
|
Jennifer Robertson
| |
|
03/01/2004
|
2 Bed
|
2 Bath
|
2197 ft²
|
$499,000
2 Bed
2 Bath
2197 ft²
|
$499,000
04/29/2004
|
Judith Conley
Coldwell Banker Realty - Arlington
| |
|
05/01/2003
|
2 Bed
|
7 Bath
|
2158 ft²
|
$479,000
2 Bed
7 Bath
2158 ft²
|
$462,000
-3.55%
07/29/2003
|
Mary Mangan
Coldwell Banker Realty - Arlington
|
Building Info
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