24 Summit Ave #2
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%.
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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 |
|---|---|---|---|
| Jun 2, 2016 | Sold | ||
| Sold | |||
| Apr 19, 2016 | Listed by Think Real Estate Services | $565,000 | |
| Listed by Think Real Estate Services | |||
| May 30, 2008 | Sold | ||
| Sold | |||
| Mar 27, 2008 | Listed by Coldwell Banker Realty - Brookline | $389,000 | |
| Listed by Coldwell Banker Realty - Brookline | |||
| | |||
|
Crisp sun-filled 2BR w/ formal dining room, updated kitchen & bathroom, washer & dryer in unit. Superb location: Steps to Green Line, Coolidge shops, stores and restaurants. Currently available rental parking nearby. New rubber roof, building repointed in 2006. All condo docs in hand. First showings at Open House this Sunday, March 30th, 1:00 to 2:30.
| |||
| Jan 26, 2006 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/15/2026
|
2 Bed
|
1 Bath
|
906 ft²
|
$749,900
2 Bed
1 Bath
906 ft²
|
$750,000
+0.01%
05/26/2026
|
Bell Petrini Group
Coldwell Banker Realty - Boston
| |
|
05/08/2018
|
2 Bed
|
1 Bath
|
906 ft²
|
$599,999
2 Bed
1 Bath
906 ft²
|
$640,000
+6.67%
06/27/2018
|
Ting Li
Y & Z Fidelity Realty
| |
|
04/19/2016
|
2 Bed
|
1 Bath
|
906 ft²
|
$565,000
2 Bed
1 Bath
906 ft²
|
$610,000
+7.96%
06/02/2016
|
Jackie Vanas
Coldwell Banker Realty - Brookline
| |
|
06/09/2009
|
2 Bed
|
1 Bath
|
906 ft²
|
$379,000
2 Bed
1 Bath
906 ft²
|
$368,000
-2.90%
09/18/2009
|
Tracy Clark
Compass
| |
|
03/27/2008
|
2 Bed
|
1 Bath
|
906 ft²
|
$389,000
2 Bed
1 Bath
906 ft²
|
$380,000
-2.31%
05/30/2008
|
Dixon Bain
Chobee Hoy Associates
| |
|
09/13/2005
|
2 Bed
|
1 Bath
|
906 ft²
|
$359,000
2 Bed
1 Bath
906 ft²
|
$335,000
-6.69%
01/26/2006
|
Tracy Clark
Compass
| |
|
06/01/2005
|
2 Bed
|
1 Bath
|
906 ft²
|
$399,000
2 Bed
1 Bath
906 ft²
|
$385,000
-3.51%
08/15/2005
|
Tracy Clark
Compass
| |
|
03/21/2003
|
2 Bed
|
1 Bath
|
906 ft²
|
$319,000
2 Bed
1 Bath
906 ft²
|
$307,000
-3.76%
05/30/2003
|
Karen Hanson
Engel & Volkers By The Sea
| |
|
10/28/1999
|
2 Bed
|
1 Bath
|
906 ft²
|
$220,000
2 Bed
1 Bath
906 ft²
|
$217,000
-1.36%
12/16/1999
|
Lee Cooke Childs
Compass
| |
|
03/29/1998
|
2 Bed
|
1 Bath
|
905 ft²
|
$179,000
2 Bed
1 Bath
905 ft²
|
$175,000
-2.23%
06/04/1998
|
Shahan Missaghian
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017