29 Summit Ave #29
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 31, 2021 | Sold | ||
| Sold | |||
| Jan 20, 2021 | Listed by Coldwell Banker Realty - Back Bay | $1,947,000 | |
| Listed by Coldwell Banker Realty - Back Bay | |||
| May 11, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2018 | Listed by Coldwell Banker Realty - Back Bay | $1,899,900 | |
| Listed by Coldwell Banker Realty - Back Bay | |||
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Located in the heart of Brookline’s Coolidge Corner neighborhood, this two-family building has been gutted to the studs and exquisitely renovated into two luxury duplex homes by a local Brookline Developer. This unit offers amazing natural light, 9’ ceilings and beautiful architectural details throughout, including raised paneling, custom trim and crown moldings. The primary living area features an open floor plan, w/ the spacious living and dining areas flowing elegantly into the kitchen, which has been built with custom cabinetry, granite countertops and a stainless steel appliance package by Wolf and Sub-Zero. Forced hot air & A/C, in-unit W/D hookups & tankless water heater make this home energy efficient. Private outdoor space & direct access garage parking complete this ideal home. Close proximity to the MBTA Green line, as well as all of the fabulous restaurants & shops that Coolidge Corner has to offer. This home is in the Driscoll school district.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2021
|
4 Bed
|
4 Bath
|
2625 ft²
|
$1,947,000
4 Bed
4 Bath
2625 ft²
|
$1,978,000
+1.59%
03/31/2021
|
Roberta Orlandino
Coldwell Banker Realty - Back Bay
| |
|
04/03/2018
|
4 Bed
|
4 Bath
|
2625 ft²
|
$1,899,900
4 Bed
4 Bath
2625 ft²
|
$1,850,000
-2.63%
05/11/2018
|
Eric Tam
Compass
| |
|
03/03/2017
|
4 Bed
|
5 Bath
|
2518 ft²
|
$1,850,000
4 Bed
5 Bath
2518 ft²
|
$1,820,000
-1.62%
04/19/2017
|
Hannah Driscoll
Redfin Corp.
| |
|
03/03/2017
|
4 Bed
|
4 Bath
|
2625 ft²
|
$1,750,000
4 Bed
4 Bath
2625 ft²
|
$1,730,000
-1.14%
04/13/2017
|
Eric Tam
Compass
| |
|
03/09/2015
| |
6 Bed
|
3 Bath
|
3113 ft²
|
$1,150,000
6 Bed
3 Bath
3113 ft²
|
$1,500,000
+30.43%
04/29/2015
|
Portia Pantages
Coldwell Banker Residential Brokerage - Newton - Centre St.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017