234 Summer Street
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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%.
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed | $1,450,000 | |
| Listed | |||
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Renovated, bright, open 3-bdrm, 2-bath SF w/enviable yard, featuring 19’x17’ deck, hot tub, swing/play set, bike racks. Front walkway is flanked by a weeping cherry tree and American cranberry bush. Inside, the open fl plan is visible as you walk in. On the right are cubbies and shoe organizers and a spacious LR. To the left is the large DR which flows into the kitchen, w/Shaker cherry cabinets, creamy sage stone countertops, Bosch ss appliances, and picture window overlooking the yard. A glass door off the kitchen leads to the deck and yard w/multiple areas to entertain, play, relax, and garden. A 1st floor bedroom and full bath on the first fl make it conducive to 1-level living. Upstairs, 8 skylights fill the hallway, 2 bedrooms, and full bath w/light. Part of the basement is a finished office/game room w/a gas woodstove. Unfinished basement area contains laundry, systems, and storage/workshop space. EV charger in driveway. Cert. of Deleading! Walk to Porter, Davis, Magoun, Ball Sq.
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| Sep 3, 2013 | Sold | ||
| Sold | |||
| Jun 28, 2013 | Listed by Century 21 Crowley - Braese | $649,900 | |
| Listed by Century 21 Crowley - Braese | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017