37 Summer Street
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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Sep 19, 2024 | Listed by South Shore Sotheby's International Realty | $500,000 | |
| Listed by South Shore Sotheby's International Realty | |||
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This beautifully maintained Craftsman-style bungalow offers serene one-level living with uninterrupted views of a neighboring cornfield, providing exceptional privacy. The open floor plan is enhanced by high ceilings and French doors, allowing natural light to flood the space. Generously sized bedrooms, fresh interior paint, and refinished hardwood floors contribute to a welcoming atmosphere. The modern kitchen combines style and functionality, and the adjacent dining area features classic wainscoting. Outside, you'll find an expansive, newly built wood deck perfect for relaxing or entertaining, overlooking a flat, manicured yard. The full-size basement is fitted with a professionally installed waterproofing system, providing peace of mind with guaranteed moisture protection. With town gas, sewer, and water, this home ensures low-maintenance, stress-free living. Conveniently located near major routes, it offers a harmonious blend of peaceful country living and modern conveniences.
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| May 13, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017