166 Summer St
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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.
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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 |
|---|---|---|---|
| Jul 1, 2024 | No longer available | - | |
| No longer available | |||
| Nov 4, 2023 | Price Increased |
$1,199,000
↑ $254K
(26.9%) | |
| Price Increased | |||
| Sep 5, 2023 | Listed by Coldwell Banker Realty - Newton | $945,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
| | |||
|
Location Location, Wonderful Multi-family home that is in the heart of Arlington. The property sits on a good lot size with plenty of opportunity for potential development/ Gut Renovation or even an owner occupied/ investment. This well cared for two-family home offers gleaming hardwood floors, well sized cabinets and the entire 2nd floor unit has been completely renovated (2020). the 1st floor unit kitchen and bathroom has been renovated. The two levels are mirror images except that the upper unit has two bedrooms and a full bath while the lower level is a one bed/ full bath. The unit has two entrances, one from the street front and one from the back of each unit. Both apartments have spacious L-shaped decks. The back of the lot touches the Minuteman Bike Path. Come enjoy all that Arlington has to offer, with the Historical Center just a stone's throw away. Very convenient to bus stops and Route 2 / Route 3 is just an approximate 5 minute drive away.
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| Aug 14, 2017 | Sold | ||
| Sold | |||
| May 23, 2017 | Listed by Redfin Corp. | $1,090,000 | |
| Listed by Redfin Corp. | |||
Property Highlights
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About Spring Hill
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Currently no similar homes aroundNearby Rentals
$3,298 /mo
- Studio
- 1 Bath
- 537 ft²
$3,885 /mo
- 2 Beds
- 2 Baths
- 920 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017