22 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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Keller Williams Realty Evolution | $614,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome to your dream home! This delightful 4-bedroom, 1-bath Cape Cod gem in Peabody is bursting with charm and modern updates. You'll fall in love with the updated kitchen and bath, and the beautifully refinished hardwood floors that grace the main floor. Imagine sipping your morning coffee or unwinding in the evening in your lovely 3-season room. Half of the spacious basement has been beautifully finished and ready to be your perfect family room, home office, or whatever you dream up. The yard offers a perfect space for relaxation, summer BBQs, and outdoor fun. Nestled in a peaceful, quiet neighborhood, this home is just minutes from highway access and all the fantastic amenities Peabody has to offer. Don't miss out on this fantastic opportunity – your perfect home is waiting! NO dotloop please!
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| Dec 16, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by Keller Williams Realty Evolution | $338,500 | |
| Listed by Keller Williams Realty Evolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017