19 Summit Road
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 |
|---|---|---|---|
| Mar 14, 2019 | Sold | ||
| Sold | |||
| Dec 24, 2018 | Listed by Keller Williams Realty Boston Northwest | $888,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Custom home built in 1978, Dutch Gambrel Looks are deceiving, this home has lots of sunlight, cathedral ceilings, large older but nice kitchen fully applianced, with huge island, dining area. Small office leads to beautiful deck overlooking Boston. Three Bedrooms with 1.5 baths, some wood plank flooring,tiled flooring, with wall to wall carpet on 2nd level. Large walled fireplace in open living, entertaining area, panels of windows with another view. Lots of rustic charm and thought was put into this home when built. Again looks deceiving, this home is much larger than it looks. Basement has over 11 foot ceiling, large fireplace and brand new heating unit. Located in one of Medford's exclusive neighborhoods, priced to sell won't last!
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| Oct 25, 2000 | Sold | ||
| Sold | |||
| Aug 18, 2000 | Listed | $389,000 | |
| Listed | |||
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DESIRABLE LAWRENCE ESTATES LOCATED - SET HIGH ON TOP OF A HILL WITH MAGNIFICENT CITY VIEWS! PRIVATE LOT ABUTS BOTH SUMMIT AND TERRACE ROADS. CHAM, STYLE AND CHARACTER ABOUND. CATHEDRAL CEILING LR & DR COMBO - A MUST SEE!!
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