20 Summit Avenue
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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Lamacchia Realty, Inc. | $699,999 | |
| Listed by Lamacchia Realty, Inc. | |||
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This stunning four-bedroom home in Amesbury seamlessly blends modern living with timeless charm. Head inside to find the updated kitchen offering tons of cabinet space, a small eat in area and plenty of room to host, while the formal dining and living rooms showcase beautiful hardwood flooring and a cozy fireplace, creating a warm and inviting atmosphere. You'll love the outdoor spaces, with two three-season porches that feature tile flooring and large windows, allowing plenty of natural light to stream in year-round. A convenient laundry room adds to the home's practicality. The first-floor bedroom comes complete with a full bath, while the master bedroom upstairs boasts new flooring and skylight windows, giving the space a bright and airy feel. Additional highlights include a full attic for extra storage or expansion, a basement with potential for additional living space, and a fully fenced backyard with a patio, perfect for entertaining guests. Come make this house your home!
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| Oct 29, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by Lamacchia Realty, Inc. | $589,900 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017