23 Summer Road
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 |
|---|---|---|---|
| Nov 4, 2016 | Sold | ||
| Sold | |||
| May 24, 2016 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $450,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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HUGE PRICE REDUCTION !!!! Unique country living experience with lots of possibilities for family in acclaimed Acton Boxborough School District . A 3770 sq ft center chimney home is the focal point of this 3.6 ac property. It features 12 rooms, 3.5 baths and large walk out basement with fieldstone fp, 2 car garage and large workshop, a previously permitted accessory apartment presents two family potential if buyer wishes to pursue.. Acreage includes pond with exclusive recreational access, pond house w/ flood lights for night skating and swimming, 3 stall horse stable w/loft and garage bay The property is being offered at an appealing price......"as is" condition with a new 5BR septic to be installed by seller prior to closing, permits in hand. . Additional acres of sugar maple across street available separately should buyer be interested in continuing Ch 61A or 61B use. Conveniently located close to Rtes 2, 495 and commuter rail. Don't miss this fabulous opportunity.....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017