316 Summit Ave #12
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 |
|---|---|---|---|
| Jun 30, 2010 | Sold | ||
| Sold | |||
| Apr 1, 2010 | Listed by Coldwell Banker Realty - Brookline | $244,000 | |
| Listed by Coldwell Banker Realty - Brookline | |||
| | |||
|
Delightful top floor 2 bedroom in great location.Freshly painted interior; Remodeled kitchen & bath; 3 exposures with lots of windows provide nice natural light; Open floor plan with high ceilings & hardwood floors; Bow front window in living room with city views. Kitchen with breakfast bar and stools. Close to Brookline line, Whole Foods, B,C,&D Green line train, parks and shops. Easy access to Comm Ave, Dntwn Boston, Mass Pike. Pet friendly association. Excellent condition. Shows beautifully
| |||
| Mar 29, 2004 | Sold | ||
| Sold | |||
| Jan 25, 2004 | Listed by Realty Executives Greater Boston | $224,900 | |
| Listed by Realty Executives Greater Boston | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/04/2021
|
2 Bed
|
1 Bath
|
731 ft²
|
$425,000
2 Bed
1 Bath
731 ft²
|
$411,000
-3.29%
04/08/2021
|
Wangni Tian
Denkar Realty Group
| |
|
08/13/2020
|
1 Bed
|
1 Bath
|
568 ft²
|
$315,000
1 Bed
1 Bath
568 ft²
|
$302,500
-3.97%
01/11/2021
|
Dennis Murray
Kerry Realty Group
| |
|
06/21/2018
|
1 Bed
|
1 Bath
|
600 ft²
|
$350,000
1 Bed
1 Bath
600 ft²
|
$351,000
+0.29%
06/29/2018
|
Roy Schwartz
Boston's Best Realty
| |
|
09/14/2015
|
2 Bed
|
1 Bath
|
731 ft²
|
$341,000
2 Bed
1 Bath
731 ft²
|
$310,000
-9.09%
11/02/2015
|
Alicia Lim
Universe Realty, Inc.
| |
|
08/04/2015
|
1 Bed
|
1 Bath
|
558 ft²
|
$209,000
1 Bed
1 Bath
558 ft²
|
$192,000
-8.13%
08/21/2015
|
Tanya German
TG Real Estate Consultants
| |
|
06/08/2010
|
2 Bed
|
1 Bath
|
731 ft²
|
$239,900
2 Bed
1 Bath
731 ft²
|
$223,000
-7.04%
10/08/2010
|
Eleanor Lee
Landmark Realty
| |
|
04/01/2010
|
2 Bed
|
1 Bath
|
747 ft²
|
$244,000
2 Bed
1 Bath
747 ft²
|
$233,000
-4.51%
06/30/2010
|
Sanda O'Brien
Coldwell Banker Realty - Brookline
| |
|
03/01/2007
|
2 Bed
|
1 Bath
|
747 ft²
|
$219,000
2 Bed
1 Bath
747 ft²
|
$219,000
07/10/2007
|
Susan Sarazen
Coldwell Banker Realty - Brookline
| |
|
04/01/2005
|
1 Bed
|
1 Bath
|
568 ft²
|
$209,000
1 Bed
1 Bath
568 ft²
|
$209,000
05/11/2005
|
Jerrie Spencer
Realty Express - Lakeville
| |
|
01/25/2004
|
2 Bed
|
1 Bath
|
751 ft²
|
$224,900
2 Bed
1 Bath
751 ft²
|
$222,500
-1.07%
03/29/2004
|
John Bristol
Realty Express - Lakeville
| |
|
03/11/2003
|
2 Bed
|
1 Bath
|
731 ft²
|
$219,900
2 Bed
1 Bath
731 ft²
|
$207,000
-5.87%
05/16/2003
|
Albert Li
128 Realty
| |
|
05/23/2002
|
1 Bed
|
1 Bath
|
568 ft²
|
$169,900
1 Bed
1 Bath
568 ft²
|
$171,000
+0.65%
07/28/2002
|
Mark Linsky
At Home Realty, Inc.
| |
|
06/20/1998
|
1 Bed
|
1 Bath
|
558 ft²
|
$65,000
1 Bed
1 Bath
558 ft²
|
$62,000
-4.62%
08/17/1998
|
Jill Freint
Boston Realty Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017