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115 Summer St
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 9, 2008 | Sold | ||
| Sold | |||
| Sep 18, 2006 | Listed by Berkshire Hathaway HomeServices Page Realty | $309,000 | |
| Listed by Berkshire Hathaway HomeServices Page Realty | |||
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Drastic Price Reduction!! Priced 36K below assesment. Wonderful in town antique with 5 yr old garage and master suite addition. Major updates; furnace, wiring, plumbing. Huge private back yard with brick patio, garage and house access to basement, two staircases, wonderful wrap around 3 season porch. Walk to the NEW Franklin center, commuter rail, Dean College
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| Aug 27, 2004 | Sold | ||
| Sold | |||
| Jun 9, 2004 | Listed | $389,900 | |
| Listed | |||
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