348 Summit Street #C
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 |
|---|---|---|---|
| Feb 3, 2017 | Sold | ||
| Sold | |||
| Jun 26, 2016 | Listed by First Choice Patenaude R.E. | $311,900 | |
| Listed by First Choice Patenaude R.E. | |||
| | |||
|
OH WHAT A VIEW!!!! Panoramic, unobstructed view of the Mt. Hope Bay from the Mt. Hope Bridge to the Braga Bridge while you are standing on your 1900 sq.f.t of outside deck. You'll see some of the best sunsets in the world from one of the 7 - eight foot wide sliding glass doors. 4 level town house features 2744 sq.ft. of living space and ready for an easy expansion to 3200 sq.ft. We are waiting for you to choose your custom cabinetry, granite countertops, and hard wood floors. Act soon. This one won't last long. OPEN HOUSE Saturday Oct. 16, 11 am to 1 pm
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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 |
|---|---|---|---|---|---|---|---|
|
05/08/2023
|
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