386 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 |
|---|---|---|---|
| Feb 1, 2017 | Sold | ||
| Sold | |||
| Jul 1, 2016 | Sold | ||
| Sold | |||
| Apr 15, 2010 | Sold | ||
| Sold | |||
| Dec 29, 2009 | Listed by RE/MAX Vision | $185,000 | |
| Listed by RE/MAX Vision | |||
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Energy efficient Cape, remodeled in 2007. Updates include roof, siding, windows, heat, water heater, oil tank, bathroom and kitchen. Tastefully renovated with maple kitchen, stainless steel appliances, refinished hardwood floors, built-in china cabinet and crown moldings. Room options allow for up to 4 bedrooms with 2 possible on the first floor. Low maintenance exterior with vinyl siding and windows. Extra land available, only 30 minutes to Worcester or 20 minutes to Route 2.
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| Aug 3, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017