27 Summer St
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by J. Barrett & Company | $1,175,000 | |
| Listed by J. Barrett & Company | |||
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Step back in time with this charming antique home with modern conveniences nestled on a tranquil side street in the heart of Ipswich. This historic gem boasts a detached 2 car garage with a workshop and a finished bonus room above, complete with electric heat. Lush yard adorned with fruit trees and bushes, stone walls and patio surround this special home. At the end of the serene road lies the picturesque Ipswich River. Enjoy the best of both worlds with quick access to downtown amenities and the convenience of the MBTA just minutes away. Large open kitchen with huge fireplace with wood stove and butcher block island. Large principal bedroom suite with a fireplace and plenty of closet space. Upstairs a wonderful sitting room and 4 bedrooms. Full bathroom on first floor and dining room could double as a first floor bedroom. Embrace the timeless elegance of this enchanting property steeped in centuries of New England history. OFFER DEADLINE TUES 23RD 5PM.
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| Jun 6, 2014 | Sold | ||
| Sold | |||
| Nov 15, 2013 | Listed by J. Barrett & Company | $599,000 | |
| Listed by J. Barrett & Company | |||
| Feb 15, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017