19 Summit Ln
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Advisors Living - Wellesley | $999,900 | |
| Listed by Advisors Living - Wellesley | |||
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OPEN HOUSE CANCELLED! OFFER HAS BEEN ACCEPTED. This well-maintained 4-bedroom, 2.5-bath home is situated on a level, fenced 15,769 sq ft lot w/convenient back-gate access to scenic walking trails. The 1st floor features an open-concept layout w/modern kitchen that includes a center island & granite counters.The spacious dining area opens to the patio, while the airy family room offers a fireplace & built-in speaker system. Completing this floor are a versatile office/dining room & half bath. Upstairs, the main bedroom serves as a private retreat, complete w/custom walk-in closet & ensuite bath. 3 additional bedrooms, a 2nd bath & bonus room complete the this level, offering plenty of space for family living & entertainment. The lower level provides an excellent opportunity for expansion w/rough plumbing already in place for an additional bathroom. Ideally located close to Ashland Center, the commuter rail, the state park, shopping, major routes & great schools!
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| Dec 13, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017