122 Summer Road #122
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 24, 2014 | Sold | ||
| Sold | |||
| Apr 12, 2014 | Listed by Keller Williams Realty Boston Northwest | $299,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
A wonderful tranquil area is the setting for this lovely condo in charming Summerfields Complex for over age 55 owners.The front porch welcomes you into a bright foyer leading to the formal dining room . A bright cream colored kitchen with island opens to family/living room with gas fireplace and dramatic cathedral ceiling with ceiling fan. Enclosed screen porch overlooks conservation land.. Master bedroom with large walk in closet and full bath and separate laundry area are also on the main floor. The spacious second floor offers much potential with another sunny bedroom , full bath , additional storage and great office /TV area. Beautiful hardwood floors in all living spaces. Full walk out basement with plenty of storage space. One car attached garage leads directly into condo. A/C . Extra parking spaces for guests out front. Close to West Acton village , shops and library . A very special opportunity !
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| Jun 6, 2013 | Sold | ||
| Sold | |||
| Mar 24, 2013 | Listed by Barrett Sotheby's International Realty | $299,900 | |
| Listed by Barrett Sotheby's International Realty | |||
| | |||
|
Located on the Acton line, don't miss this wonderful opportunity to live in a small 24 unit development surrounded by woodlands yet close to all area amenities. Open concept floorplan, hardwood flooring, gas fireplace, three season porch, first floor master suite and an additional bedroom and private bath on second floor. Full walkout basement, first floor laundry, loads of storage and affordable condo fee. There are no open houses planned, appointments cheerfully accommodated by request!
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| Jan 30, 2009 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/12/2014
|
2 Bed
|
2 Bath
|
1622 ft²
|
$299,000
2 Bed
2 Bath
1622 ft²
|
$295,000
-1.34%
06/24/2014
|
Peggy Beresford
Barrett Sotheby's International Realty
| |
|
03/24/2013
|
2 Bed
|
2 Bath
|
1622 ft²
|
$299,900
2 Bed
2 Bath
1622 ft²
|
$295,000
-1.63%
06/06/2013
|
Peggy Beresford
Barrett Sotheby's International Realty
| |
|
10/16/2008
|
2 Bed
|
2 Bath
|
1625 ft²
|
$349,500
2 Bed
2 Bath
1625 ft²
|
$287,500
-17.74%
01/30/2009
|
Carolyn Fenton
Colonial Homes Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017