216 Summit Ave #C3
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 11, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by Coldwell Banker Realty - Brookline | $1,275,000 | |
| Listed by Coldwell Banker Realty - Brookline | |||
| Jul 22, 2019 | Sold | ||
| Sold | |||
| May 28, 2019 | Listed by Compass | $930,000 | |
| Listed by Compass | |||
| | |||
|
An extraordinary home, not to be missed. Perfect for entertaining indoors and out, while offering a comfortable city life. Enter into two story foyer to find ceiling height of 18’5” with windows and skylight allowing for plenty of sunshine. Stairs lead to bright main living area featuring an open concept floor plan. Sophisticated kitchen renovated in 2013 with stainless steel appliances and quartz countertops. Living room has a fireplace and opens to private, enclosed 25' deck with beautiful treetop views, allowing plenty of space for gardening and lounging. Main living level also has a half bath. On first floor, two bedrooms and full bath, with a lush green view out every window. One garage and one outdoor parking included, plus substantial storage and off street guest parking. Steps to Outlook Park, close to Wholefoods, Coolidge Corner, Washington Square and B / C lines.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2023
|
2 Bed
|
2 Bath
|
1220 ft²
|
$1,200,000
2 Bed
2 Bath
1220 ft²
|
$1,266,000
+5.50%
07/31/2023
|
Melissa Corkum
Coldwell Banker Realty - Newburyport
| |
|
03/22/2022
|
2 Bed
|
1 Bath
|
1213 ft²
|
$1,275,000
2 Bed
1 Bath
1213 ft²
|
$1,300,000
+1.96%
05/11/2022
|
Ruth Malkin
Compass
| |
|
02/10/2022
|
2 Bed
|
2 Bath
|
1370 ft²
|
$1,275,000
2 Bed
2 Bath
1370 ft²
|
$1,222,500
-4.12%
03/31/2022
|
Karen Butt
Buyers Brokers Only, LLC
| |
|
05/28/2019
|
2 Bed
|
2 Bath
|
1180 ft²
|
$930,000
2 Bed
2 Bath
1180 ft²
|
$975,000
+4.84%
07/22/2019
|
Ruth Malkin
Compass
| |
|
10/24/2014
|
2 Bed
|
2 Bath
|
1390 ft²
|
$750,000
2 Bed
2 Bath
1390 ft²
|
$775,000
+3.33%
12/11/2014
|
Roz Wennett
Prudential Edna Kranz Realty
| |
|
10/02/2012
|
2 Bed
|
2 Bath
|
1220 ft²
|
$669,000
2 Bed
2 Bath
1220 ft²
|
$659,000
-1.49%
11/21/2012
|
Tracy Clark
Compass
| |
|
05/30/2012
|
2 Bed
|
2 Bath
|
1289 ft²
|
$649,000
2 Bed
2 Bath
1289 ft²
|
$636,000
-2.00%
08/24/2012
|
Buzz Birnbaum
Hammond Residential Real Estate
| |
|
01/12/2007
|
2 Bed
|
2 Bath
|
1390 ft²
|
$644,900
2 Bed
2 Bath
1390 ft²
|
$650,000
+0.79%
04/04/2007
|
Pamela Gilman
Advisors Living - Newton
| |
|
09/22/2002
|
2 Bed
|
2 Bath
|
1370 ft²
|
$589,000
2 Bed
2 Bath
1370 ft²
|
$605,000
+2.72%
05/23/2003
|
Maureen Plotkin
Jensen Real Estate
| |
|
02/13/2000
|
2 Bed
|
2 Bath
|
1621 ft²
|
$549,900
2 Bed
2 Bath
1621 ft²
|
$550,480
+0.11%
06/26/2000
|
Chobee Hoy
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017