11 Summit Road #46
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by C. Brendan Noonan & Co. | $1,350,000 | |
| Listed by C. Brendan Noonan & Co. | |||
| Jul 16, 2008 | Sold | ||
| Sold | |||
| Jan 25, 2008 | Listed by William Raveis R.E. & Home Services | $1,150,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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An end-unit in The Woodlands' newest enclave, The Summit Road Terraces, the Devon floorplan offers our largest kitchen, which is open to the great room. First-floor master, second-floor loft and two additional bedrooms. Make this your signature home. Buy now and choose your finishes. Surrounded by 100 acres of conservation land, yet just 7 miles from Boston.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/23/2020
|
4 Bed
|
4 Bath
|
2941 ft²
|
$1,350,000
4 Bed
4 Bath
2941 ft²
|
$1,323,275
-1.98%
11/23/2020
|
Patricia McTague
Coldwell Banker Realty - Belmont
| |
|
01/25/2008
|
3 Bed
|
3 Bath
|
2731 ft²
|
$1,150,000
3 Bed
3 Bath
2731 ft²
|
$1,150,000
07/16/2008
|
Barbara Pompea
Northland Residential Corp
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017