46 Summit Rd #46
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 16, 2016 | Sold | ||
| Sold | |||
| Mar 24, 2016 | Listed by RE/MAX Revolution | $1,345,000 | |
| Listed by RE/MAX Revolution | |||
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The best of all worlds - The Woodlands at Belmont Hill! Suburban living surrounded by open space/conservation land and proximity to all Boston has to offer. The space of a single-family home without the worries of exterior maintenance. And, with your own elevator, access to three levels of living as easily as if they were one! This 3,635 SF Belmont-plan 3 bedrm, 4 ½ bath, 2 car garage townhouse set in the rear enjoys wooded views. Dramatic soaring ceilings and walls of windows adorn the Entry, Dining Rm & Living Rm with gas fireplace. Top-of-the line stainless appliances, Brookhaven cabinetry & granite counters w/ breakfast bar. First floor Master Suite. QAudio custom Sonos sound system for wall-mounted HDTVs & builtin speakers in numerous rooms. New custom window blinds controlled remotely. 2 bedrms, 2 baths, cedar closet & large loft on the upper level. Finished lower level w/ wetbar, wine frig, builtins & full bath. Entertainment-sized deck & new grill w/direct gas connection.Alarm.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/24/2016
|
3 Bed
|
5 Bath
|
3635 ft²
|
$1,345,000
3 Bed
5 Bath
3635 ft²
|
$1,260,000
-6.32%
06/16/2016
|
Mike DelRose Real Estate Team
RE/MAX Revolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017