160 Summer Avenue
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 |
|---|---|---|---|
| Mar 31, 2015 | Sold | ||
| Sold | |||
| Oct 24, 2014 | Listed by Coldwell Banker Realty - Andover | $699,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
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THERE IS SOMETHING ALLURING ABOUT 160 SUMMER AVENUE! Its got INTEGRITY, PRESENCE and STATURE, but also lots of SURPRISES! It is FRESH, BRIGHT and LIVEABLE and its CURB APPEAL TURNS HEADS! Featured in READING'S 250th ANNIVERSARY ALBUM, once owned by Charles Morgan (for which Morgan Park is named) and still has the original hitching post. IT FEELS LIKE A FOREVER HOME! The fireplaced livingroom is expansive and architecturally pleasing, the library has a cool curved bookcase, the family room/sunroom is rich in character with original beehive oven and new wood stove for comfy gatherings. The kitchen is bright with color, skylights and a wall of windows. It features a center island, granite, dbl SS Fisher & Paykel DW, THERMADOR stove, 2 pantries, leaded china cabinet, 1/2 bath. There are 6 BDRMS and plenty of closets. 3 story barn w/historic fixtures/stalls and custom art studio! Also great for a car enthusiast or carriage apt. Private in-ground pool,shed/workshop. A VERY SPECIAL PROPERTY!
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| Aug 12, 2004 | Sold | ||
| Sold | |||
| Apr 14, 2004 | Listed | $799,900 | |
| Listed | |||
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This one of a kind home must be seen to be appreciated.a few of the features include: Sunny eat-in kitchen with skylights,recessed lighting, center island and 2 pantries. Other features: 3 fireplaces, Keeping room with fireplace and bread oven....call for additional features.
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| Nov 15, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017