286 Summer #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 |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | In contract | - | |
| In contract | |||
| Feb 7, 2023 | Listed by Coldwell Banker Realty - Newton | $765,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
| | |||
|
Sitting in an ideal location near both Porter and Davis Square for easy commuting and urban living, this two bed two full-bath stunning condo was renovated down to the studs in 2019. With a spacious open floor plan and gleaming hardwood floors, it's perfect for entertaining. A fully updated bright kitchen includes white quartz countertops, gas range, and a stainless refrigerator. The primary bedroom has a gorgeous tiled en-suite complete with an elegant walk-in shower. The bay-windowed 2nd bedroom is generously sized, spacious enough to double as both bedroom and office. Beyond the family room, a dining area rounds out the common area. The back stairs lead to the shared paved patio perfect for entertaining and to the basement space and its helpful private storage. W/ high ceilings, nest controlled AC, in-unit washer and dryer, updated energy efficient appliances, high owner occupancy, and nearby restaurants, this unit has everything it needs to be your refreshing new home.
| |||
| Dec 10, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 30, 2022 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2022
|
2 Bed
|
2 Bath
|
-
|
$849,900
2 Bed
2 Bath
|
-
-
|
Betsy Hill
Coldwell Banker Realty - Newton
| |
|
08/16/2022
|
1 Bed
|
1 Bath
|
959 ft²
|
$664,900
1 Bed
1 Bath
959 ft²
|
$594,000
-10.66%
12/28/2022
|
Michelle Joslin-Chaves
Leading Edge Real Estate
| |
|
04/06/2022
|
2 Bed
|
2 Bath
|
1288 ft²
|
$900,000
2 Bed
2 Bath
1288 ft²
|
$1,050,000
+16.67%
05/25/2022
|
Margo Delaney
Coldwell Banker Realty - Cambridge
| |
|
07/01/2019
|
1 Bed
|
1 Bath
|
959 ft²
|
$549,000
1 Bed
1 Bath
959 ft²
|
$515,000
-6.19%
12/06/2019
|
David Bottari
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/01/2019
|
2 Bed
|
2 Bath
|
1134 ft²
|
$679,000
2 Bed
2 Bath
1134 ft²
|
$725,000
+6.77%
09/03/2019
|
David Bottari
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/01/2019
|
2 Bed
|
2 Bath
|
1288 ft²
|
$749,000
2 Bed
2 Bath
1288 ft²
|
$800,000
+6.81%
08/29/2019
|
David Bottari
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017