348 Summit St #A
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 10, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| May 8, 2023 | Listed by Keller Williams South Watuppa | $359,900 | |
| Listed by Keller Williams South Watuppa | |||
| Feb 10, 2017 | Sold | ||
| Sold | |||
| Oct 31, 2016 | Listed by eXp Realty | $206,900 | |
| Listed by eXp Realty | |||
| | |||
|
OH WHAT A VIEW !! 7 room raised ranch style home with a sweeping view of Mt. Hope Bay. OPEN HOUSE November 20, Noon to 2 pm
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2023
|
3 Bed
|
2 Bath
|
1296 ft²
|
$359,900
3 Bed
2 Bath
1296 ft²
|
$380,000
+5.58%
07/10/2023
|
Lori Camara
Lion Gate Real Estate, Inc.
| |
|
10/31/2016
|
3 Bed
|
2 Bath
|
1278 ft²
|
$206,900
3 Bed
2 Bath
1278 ft²
|
$206,900
02/10/2017
|
Roland Patenaude
First Choice Patenaude R.E.
| |
|
08/15/2016
|
3 Bed
|
1 Bath
|
1848 ft²
|
$279,900
3 Bed
1 Bath
1848 ft²
|
$279,900
04/14/2017
|
Roland Patenaude
First Choice Patenaude R.E.
| |
|
06/26/2016
|
3 Bed
|
3 Bath
|
2744 ft²
|
$311,900
3 Bed
3 Bath
2744 ft²
|
$309,000
-0.93%
02/03/2017
|
Roland Patenaude
First Choice Patenaude R.E.
| |
|
05/31/2015
| |
3 Bed
|
1 Bath
|
1278 ft²
|
$149,900
3 Bed
1 Bath
1278 ft²
|
$130,000
-13.28%
09/01/2015
|
Todd Benevides
Clockhouse Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017