48 Summit Avenue #1
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 4, 2012 | Sold | ||
| Sold | |||
| Mar 16, 2012 | Listed by Classic Realty | $675,000 | |
| Listed by Classic Realty | |||
| | |||
|
Coolidge Corner 3 bed 2 bath with character, flow and many updates. Enter the spacious bookcase lined foyer to the sunny living room. Throw open the French doors to enter the large dining room. Entertain your guest from the updated granite and stainless steel kitchen and pantry. Live and enjoy the spacious 3 bedrooms with 2 modern baths. Walk to Coolidge Corner’s shops, fine restaurants and T. Ample room for today’s family living. In unit washer & dryer 2 single space parking spaces
| |||
| Nov 10, 2003 | Sold | ||
| Sold | |||
| Aug 29, 2003 | Listed by William Raveis R. E. & Home Services | $529,000 | |
| Listed by William Raveis R. E. & Home Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2022
|
3 Bed
|
2 Bath
|
1550 ft²
|
$1,399,000
3 Bed
2 Bath
1550 ft²
|
$1,365,000
-2.43%
08/10/2022
|
Osnat Levy
Unlimited Sotheby's International Realty
| |
|
09/16/2016
|
3 Bed
|
2 Bath
|
1550 ft²
|
$950,000
3 Bed
2 Bath
1550 ft²
|
$945,000
-0.53%
11/21/2016
|
Roman Reznikov
Castles Unlimited®
| |
|
03/16/2012
|
3 Bed
|
2 Bath
|
1495 ft²
|
$675,000
3 Bed
2 Bath
1495 ft²
|
$662,500
-1.85%
06/04/2012
|
The Power of Two Holly & Jerry
Classic Realty
| |
|
03/16/2010
|
3 Bed
|
2 Bath
|
1550 ft²
|
$659,000
3 Bed
2 Bath
1550 ft²
|
$675,000
+2.43%
06/01/2010
|
Pat Nelson
| |
|
09/10/2004
|
3 Bed
|
2 Bath
|
1550 ft²
|
$645,000
3 Bed
2 Bath
1550 ft²
|
$615,000
-4.65%
11/17/2004
|
Scott Goldsmith
| |
|
08/29/2003
|
3 Bed
|
2 Bath
|
1485 ft²
|
$529,000
3 Bed
2 Bath
1485 ft²
|
$507,500
-4.06%
11/10/2003
|
Elane Fine
William Raveis R. E. & Home Services
| |
|
03/25/2003
|
3 Bed
|
2 Bath
|
1550 ft²
|
$579,900
3 Bed
2 Bath
1550 ft²
|
$579,900
05/14/2003
|
Olga Lysenko
Keller Williams Realty Boston Northwest
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017