$2,350,000
●
Condo -
Off Market
41 Summit Ave #41
Brookline, MA 02446
4 Beds
3 Baths,
1
Half Bath
2,850 Ft²
$2,493,459
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model
About This Property
Meticulously crafted by Rincon Development, this ten-room condo has
a phenomenal open floor plan with 9-foot-high ceilings and
showcases innovative modern designs, state-of-the-art kitchen with
Miele appliances and custom cabinetry, designer bathrooms, and
oversized windows. There are four bedrooms and three and one-half
bathrooms. The primary bedroom is situated on the main level along
with a home office. There is a direct access to a large private
yard with a patio. A residence built with high standards and
top-of-the-line materials. There is a parking space conveniently
located at your front door. This property is close to Washington
Square and Coolidge Corner with charming eateries and shops, and
two parks – Corey Hill Outlook Park and Schick Park.
Unit Size
2,850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$860
Property Type
Condo
Property Taxes
-
HOA Dues
$480
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (MLSPIN #73062235)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | In contract | - | |
| In contract | |||
| Mar 3, 2023 | Relisted | $2,450,000 | |
| Relisted | |||
| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Feb 16, 2023 | Price Decreased |
$2,450,000
↓ $50K
(2%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom - Full, Bathroom, Great Room
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Hardwood
Laundry Features: In Basement, In Unit
Rooms: 10
Basement: N
Exterior Details
Square Footage: 2850
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 2850
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lot Size Units: Acres
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $480
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2022
|
4 Bed
|
4 Bath
|
2850 ft²
|
$2,599,900
4 Bed
4 Bath
2850 ft²
|
$2,350,000
-9.61%
04/21/2023
|
Evan Blaustein
Coldwell Banker Realty - Brookline
| |
|
09/23/2020
| |
13 Bed
|
7 Bath
|
5225 ft²
|
$2,350,000
13 Bed
7 Bath
5225 ft²
|
$2,150,000
-8.51%
02/12/2021
|
Kurt Cawley
United Multi Family Corporation
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017