4 Summit Place
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 |
|---|---|---|---|
| Jun 5, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by RE/MAX On The River, Inc. | $655,000 | |
| Listed by RE/MAX On The River, Inc. | |||
| Sep 28, 2017 | Sold | ||
| Sold | |||
| Oct 30, 2015 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by William Raveis Real Estate | $499,900 | |
| Listed by William Raveis Real Estate | |||
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Charming Victorian on a highly desirable North-end street. Lovingly maintained by the current owner since 1945, this home is ready for your updates and ideas. Beautiful detail inside an out, this property has hardwood floors on the first floor and pine floors in all of the second floor bedrooms. Third floor walkup offers excellent expansion potential for additional bedrooms, home office or master suite. Well sited on a nicely manicured lot with a one-car detached garage and centrally located to all schools, downtown Newburyport, highways and commuter rail.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017