3 Summit Ave #1
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 |
|---|---|---|---|
| Apr 16, 2014 | Sold | ||
| Sold | |||
| Jan 28, 2014 | Listed by Coldwell Banker Realty - Brookline | $985,000 | |
| Listed by Coldwell Banker Realty - Brookline | |||
| | |||
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Extensively renovated condominiumon on the Corner of Summit and Beacon Street, across the street from the T, shops,and restaurants. Open floor plan for modern living and entertaining with a back deck. Hardwood floors throughout with some original exposed brick walls. Kitchen with top-of-the-line stainless appliances and granite counters. Wired for surround sound in master bedroom and living areas. One deeded parking in the back with an option to buy the second spot. Coolidge Corner Urban living.
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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 |
|---|---|---|---|---|---|---|---|
|
05/17/2018
|
3 Bed
|
2 Bath
|
1502 ft²
|
$1,099,000
3 Bed
2 Bath
1502 ft²
|
$1,075,000
-2.18%
07/13/2018
|
Janet Lamb
Ford Realty - Boston
| |
|
01/28/2014
|
3 Bed
|
2 Bath
|
1502 ft²
|
$985,000
3 Bed
2 Bath
1502 ft²
|
$975,000
-1.02%
04/17/2014
|
Janet Lamb
Ford Realty - Boston
| |
|
01/28/2014
|
3 Bed
|
2 Bath
|
1667 ft²
|
$985,000
3 Bed
2 Bath
1667 ft²
|
$1,075,000
+9.14%
04/16/2014
|
Sheila Mabry
Coldwell Banker Realty - Brookline
| |
|
01/21/2013
| |
4 Bed
|
4 Bath
|
3061 ft²
|
$1,025,000
4 Bed
4 Bath
3061 ft²
|
$875,000
-14.63%
04/04/2013
|
David Fay
RE/MAX Select Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017