248 Summer Street
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed | $600,000 | |
| Listed | |||
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Step inside and feel the warmth of timeless charm — Single level living with this 3BR, 1.5BA Franklin ranch, just under a mile from downtown, MBTA, and shops. Coffered ceilings, craftsman-style woodwork, and unique lighting bring character, while modern updates add comfort: quartz counters, gas cooking, new appliances, central A/C, vinyl siding, irrigation, paved driveway, professional landscaping and a 1 car oversized attached garage. Cozy front and back porches, hardwood floors, custom ELFA closets, washer/dryer hookups both up and down. Composite deck with gas grill is perfect for entertaining. Meticulously maintained with thoughtful upgrades for years of worry-free living. Town water/sewer, natural gas. This is the one you've been waiting for!
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| Jun 27, 2016 | Sold | ||
| Sold | |||
| Apr 14, 2016 | Listed by Costello Realty | $375,000 | |
| Listed by Costello Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017