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Barnstable 02667
97 Summit Ave
$531,000
● House - Off Market

97 Summit Ave

Wellfleet, MA 02667
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$975,839
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Come home to the beauty of Wellfleet. Close to town and beaches you will find this lovely home offering 3 bedrooms and 2 full baths. Recently renovated with gorgeous yellow pine flooring throughout, central a/c, Trane heat pump, whole house air purifier, water heater, and upgraded appliances including Liebherr fridge. After a day at the beach enjoy the outdoor shower and the deck overlooking the wooded back yard, a perfect place for your hammock and a good book. Lots of storage available with the full basement and outbuilding. Come take a look, you will love it.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$391
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1970

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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: 6 months ago (MLSPIN #71687891)

Price History

Date / Event Date Event Price
Oct 28, 2021 Sold
Premium
Sold
Sep 4, 2021 Listed by Stonewater Real Estate $799,000
Listed by Stonewater Real Estate
Jun 27, 2014 Sold
Premium
Sold
May 24, 2014 Listed by Stonewater Real Estate $525,000
Listed by Stonewater Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,344
  • Gross Building Area: 2,329
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R30

Geography

  • Account Number: 1959
  • Parcel: WELL M:020.0 B:0102 L:0000.0
  • Block: 102
  • Municipality: WELLFLEET
  • Latitude: 41.9351
  • Longitude: -70.0396

    Address

  • Full Address: 97 Summit Ave
  • Address - House Number: 97
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellfleet
  • Carrier Code: R001
  • 4-Digit Zip Code: 7344
  • Zip Code: 02667

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,100

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 1,001,221
  • High Value: 1,186,374
  • Low Value: 816,067

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $779,100
  • Assessed Land Value: $320,400
  • Assessed Improvements Value: $458,700

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70817
  • Previous Sale Recording Date: Jun 27, 2014
  • Previous Sale Amount: $531,000
  • Previous Sale Document Type: O
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:

$767,000

Sale Price/ft²

$502

Above Asking

0.30%

Average Days on Market

63

Average Home Size

2249 ft²

Average Home Age

54.5 years

Currently For Sale

869 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: 6 months ago
Data Source: MLS PIN, MLS# 71687891

Frequently Asked Questions

When was property at 97 Summit Avenue built and last sold?
The property at 97 Summit Avenue was built in 1970 and last sold on Oct 28, 2021 for $905,000.
How much is this home worth?
The estimated value of the home located at 97 Summit Avenue is $795,689.
What are some comparable homes to 97 Summit Avenue?
There are currently no comparable homes to 97 Summit Avenue.
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