2 Summit Ter
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 5, 2026 | Sold | ||
| Sold | |||
| Jan 5, 2026 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Coldwell Banker Realty - Beverly | $649,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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This home has been beautifully transformed cosmetically in the last 15 months that the owners have resided here! It offers approximately 1,100 square feet of living space on a lot of 0.18 acres in the wonderful neighborhood of Emerson park. The residence has four bedrooms and one bathroom. Throughout the interior, the home features new wall-to-wall carpeting and newly painted surfaces. The hardwood floors have been refinished, adding warmth and character. Decorative wood beams on the living room ceiling provide a charming designer detail. The fenced-in yard offers ample outdoor space, perfect for entertaining family and friends. Off-street driveway parking for up to six vehicles. The property is situated close to major commuter routes as well as a variety of shopping and dining options. .Don't miss out on this charming move in ready home! Showings begin at Open Houses Saturday & Sunday 11/15 & 11/16.
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| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Keller Williams Realty Evolution | $549,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome home to 2 Summit Terrace. This charming 4-bedroom, 1-bath home is located in a quiet, highly sought-after Peabody neighborhood. Lovingly maintained by the same family since it was built, this home is ready for a new owner to make it their own and unlock its full potential.The first floor features hardwood floors hidden beneath the carpet, waiting to be revealed and restored to their original beauty. The level yard offers a perfect space for relaxation, summer BBQs, and outdoor fun. Additionally, the large unfinished basement presents a fantastic opportunity to create additional living space tailored to your needs and preferences. Don’t miss your chance to build equity in this beautiful home. Offers if any, due Tuesday 6/2 by 2pm. Please allow 30 hours to respond (8pm 6/5).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017