161 Summer Street
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 |
|---|---|---|---|
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2017 | Listed by Coldwell Banker Residential Brokerage - Norwell | $529,000 | |
| Listed by Coldwell Banker Residential Brokerage - Norwell | |||
| Aug 3, 2010 | Listed by RE/MAX Realty Pros | $389,900 | |
| Listed by RE/MAX Realty Pros | |||
| | |||
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Last chance to get value for your dollar!!! Seller is going to rent asap! House has no problems!! Don't understand why it is still around! Just move into this beautiful home with new heating system, stainless steel/granite kitchen,(3) new bathrooms,new hardwood floors,new addition master bedroom with walk-in closet and seperate bath,first floor laundry, slider to deck and private yard,walkout basement with finished playroom in basement. Great commute location 6 min drive to train station.
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| Jan 25, 2010 | Sold | ||
| Sold | |||
| Oct 13, 2009 | Listed by Coldwell Banker Residential Brokerage - Norwell | $250,000 | |
| Listed by Coldwell Banker Residential Brokerage - Norwell | |||
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