2 Summer Street Pl Arlington — Photo 1 of 42
$1,450,000
Investment Analysis — 2 Summer Street Pl
Arlington, MA 02475 — Arlington Heights
Based on HUD Small Area Fair Market Rent, a 4-bedroom in 02475 carries an estimated $10,150/mo in gross rent — about a 5.88% cap rate and $85,216/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,000
Style
Single Family
Built
2026
***** NEW 2026 - FULL GUT RENOVATION **** Only the frame and foundation are pre-existing--assume everything else is NEW! Such an extensive list of special features and "new", you must see in person, also see attached list for full line up of features. This contractor thought of all the big things and the "little things" that matter to a new buyer. Gourmet kitchen for the foodie, penthouse suite and bathroom must be seen. EV charging station access from house to driveway, office nook, basement storage rack, moldings, high ceilings, wine refridgerator, washer and dryer included, cathedral ceilings, skylights, PVC deck, maintenance free siding, new roof, new heating, new AC, hardwood flooring throughout--zero carpets in this house! Energy efficient with a HERS rating of 58. Convenient Arlington Heights location seconds to Minuteman Bikeway and Mass Ave. Open House September 11 from 9 to noon, September 12 and 13 from 11 to 1. Any and all offers due Tuesday September 15 at 4:00 pm.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,000 sq ft principal dwelling). Lot size: 2,605 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Decorative Molding
Dining Room
Lvl Main,FirstFlooring - Hardwood, Breakfast Bar / Nook, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Decorative Molding
Kitchen
Lvl Main,FirstBathroom - Full, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Crown Molding, Decorative Molding
Master Bedroom
Lvl ThirdBathroom - Full, Bathroom - Double Vanity/Sink, Skylight, Cathedral Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Double Vanity, Recessed Lighting, Decorative Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting, Decorative Molding
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting, Decorative Molding
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Decorative Molding
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Decorative Molding
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Skylight, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting, Lighting - Sconce, Decorative Molding, Soaking Tub
Listing Agent: Denise C. Higgins
Listing Office: Goodwin Realty Group, LLC
MLS® Number: 73572086
