281 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 |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | In contract | - | |
| In contract | |||
| May 24, 2023 | Listed by Atlantic Brokerage Group | $1,175,000 | |
| Listed by Atlantic Brokerage Group | |||
| Oct 3, 2013 | Sold | ||
| Sold | |||
| Jul 23, 2012 | Listed by New Home Network | $619,000 | |
| Listed by New Home Network | |||
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Seller has moved!!! Come and visualize yourself and your furniture in this great home. Situated on 14 acres and boasts plenty of privacy in your own private Norwell retreat. Great space in this 4 bdrm, 2.5 bath. Perfect space for entertaining inside or out with your built in swimming pool. Seller is very motivated so come see all this house has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017