3 Summit Ave #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%.
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 |
|---|---|---|---|
| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 17, 2018 | Listed by Ford Realty - Boston | $1,099,000 | |
| Listed by Ford Realty - Boston | |||
| | |||
|
Amazing 3 bedroom 2 full bathroom Upper Duplex located in Coolidge Corner. The kitchen features stainless steel appliances, glass tile back splash, granite counters and a relaxing front porch. The open floor plan is ideal for Modern Living or Entertaining. Hardwood floors throughout, central A/C, Laundry in Unit. Master bedroom has sliders that lead to an expansive private deck. The 2nd level feature 2 unique bedrooms with bathroom. 1 Deeded parking space. Urban living at it's finest with shops, restaurants and T right outside your front door !!
| |||
| Apr 17, 2014 | Sold | ||
| Sold | |||
| Jan 28, 2014 | Listed by Ford Realty - Boston | $985,000 | |
| Listed by Ford Realty - Boston | |||
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