127 Summer St
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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Relisted | $389,900 | |
| Relisted | |||
| Jan 5, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Listed by Coldwell Banker Realty - Worcester | $389,900 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Nestled on 12.9 expansive acres, this property offers the perfect blend of privacy, potential, and possibility. Whether you're dreaming of a homestead, a retreat, or a long-term investment, the land provides a beautiful canvas with room to grow.The existing home, while in need of some work, offers solid bones and a layout ready for renovation. It’s an ideal opportunity for buyers who want to customize a space to their own taste — from cosmetic updates to full transformation. The land itself features a mix of open areas and natural landscape, offering space for gardens, animals, trails, or future expansion. With ample road frontage and a peaceful setting, the property balances convenience with rural charm. Whether you're an investor, a builder, or someone looking to create a personal sanctuary, this 13-acre property delivers rare potential and endless opportunities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017