21 Summit Ave #3
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 |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by William Raveis R.E. & Home Services | $449,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
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You will fall in love with this sleek, Goat Hill townhouse the moment you step foot into the sun drenched living room, which boasts a wall of windows showcasing beautiful ocean views. This 2 bed/2 bath layout offers the perfect blend of style & function. Enjoy tall ceilings, hardwood floors, recessed lighting, central AC & modern baths on both levels. Channel your inner chef in the designer kitchen featuring granite counters, white shaker cabinets, SS appliances, a gas range & eat-in nook. Upstairs, find laundry & 2 spacious bedrooms, one with inviting peeks of the ocean. This young/maintenance free unit & building includes 2-4 car driveway parking, low HOA fee & extra storage unit in the lower level. An unbeatable location - ¼ mile to the commuter rail + easy access to downtown, beaches, farmers market, arts/theater, Independence park, shops, delicious restaurants & many Beverly amenities. You won't want to miss this home - coastal convenience & an effortless lifestyle at its finest!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2026
|
2 Bed
|
2 Bath
|
1180 ft²
|
$539,900
2 Bed
2 Bath
1180 ft²
|
$590,000
+9.28%
06/04/2026
|
Janine Wuschke
Keller Williams Realty
| |
|
09/14/2025
|
2 Bed
|
2 Bath
|
932 ft²
|
$499,000
2 Bed
2 Bath
932 ft²
|
$519,000
+4.01%
01/28/2026
|
Christopher Angles
Jacob Realty, LLC
| |
|
04/24/2024
|
2 Bed
|
2 Bath
|
1032 ft²
|
$449,000
2 Bed
2 Bath
1032 ft²
|
$513,000
+14.25%
06/10/2024
|
Gail Fox
Berkshire Hathaway HomeServices Verani Realty
| |
|
04/24/2019
|
2 Bed
|
2 Bath
|
938 ft²
|
$339,000
2 Bed
2 Bath
938 ft²
|
$339,000
05/31/2019
|
Kathryn Tully
Leading Edge Real Estate
| |
|
01/23/2017
|
2 Bed
|
2 Bath
|
970 ft²
|
$339,900
2 Bed
2 Bath
970 ft²
|
$315,000
-7.33%
04/05/2017
|
Janet Flaherty
Janet M. Flaherty
| |
|
01/23/2017
|
2 Bed
|
2 Bath
|
970 ft²
|
$339,800
2 Bed
2 Bath
970 ft²
|
$318,000
-6.42%
04/28/2017
|
Herrick Lutts Realty Partners
Keller Williams Realty Evolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017