287 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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Milestones Realty | $875,000 | |
| Listed by Milestones Realty | |||
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**OFFERS DUE 5pm Sat 11/15** A most enchanting offering, beyond compare at the price point! The owners have created a sublime year round treat for the senses! By elegantly marrying the indoor and myriad outdoor spaces, this already spacious ranch imbues calm and privacy. 2 bedrooms were combined to create a sumptuous primary ensuite sanctuary w/spa-like bathroom and walk-in closet. Direct access from the primary bedroom sits a rejuvenating hot tub anxious to help you decompress. 2nd bedroom also ensuite. The south facing kitchen is naturally bright, offering bucolic views of mature plantings, masterful stone walls and substantial old-school brick fireplace. Sophisticated leathered granite kitchen counters. Finished lower level is a bonus w/family room + 1/2 bath, it can easily double as spare bedroom. Magical grounds including: resplendent mature plantings, 3 patios, stone walls, custom outbuilding and even a chipping green w/ball return! Oversized 2 car attached garage w/storage
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| Mar 1, 2016 | Sold | ||
| Sold | |||
| Sep 24, 2015 | Listed by Success! Real Estate | $529,900 | |
| Listed by Success! Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017