38 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 |
|---|---|---|---|
| May 25, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by J. Barrett & Company | $975,000 | |
| Listed by J. Barrett & Company | |||
| Jun 17, 2014 | Sold | ||
| Sold | |||
| Oct 20, 2012 | Listed by Coldwell Banker Realty - New England Home Office | $699,900 | |
| Listed by Coldwell Banker Realty - New England Home Office | |||
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Looking for a quality home in a top rated school district? This gorgeous custom built home with amazing detail & unsurpassed quality throughout is sure to impress! Located on a quiet side street in desirable Topsfield, this Contemporary Raised Ranch was built with family in mind. You will absolutely love the open floor plan on 2 levels. The SS GE Profile, oversized, gourmet, eat-in-kitchen with huge center island looking into a bright living room with gas fireplace & formal dining area will truly be enjoyed as the gathering hub. The large 1st flr master bdrm features a modern & upgraded master bthrm. Two spacious bdrms are located on the lower level, both with large closets, hardwood floors & lots of sunlight. Finished walkout lower level with patio access gives you a feeling of privacy & country getaway right in your private backyard. Watch the deer forage while you enjoy your morning cup of coffee! There is also a 3-car attached garage! This home has it all - come see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017