5 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 |
|---|---|---|---|
| Jul 16, 2022 | No longer available | - | |
| No longer available | |||
| Jul 5, 2022 | Listed by RE/MAX Real Estate Center | $699,900 | |
| Listed by RE/MAX Real Estate Center | |||
| | |||
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A beautifully & extensively updated Cape house in PRIME Medfield location. A wonderful house in great neighborhood setting. Close to (highly rated) schools, downtown, and Hinkley Park. It has been meticulously maintained, tastefully redesigned, and all the major systems have been updated.The house features a raised dormer front and back that affords three bedrooms a full bathroom in the second floor. First floor showcases an open floor plan connecting kitchen, dining room, and spacious living room, perfect for entertaining. Just off the kitchen is a cozy porch with a slider to a large deck. Awesome level yard with lots of room to play and garden. Basement has a family room and plenty of storage. Major updates (2020-2022) include: Roof, boiler, water heater, appliances, brand new modern kitchen with shaker cabinet and quartz countertops, marble-tiled bathrooms, new maple hardwood floors, granite front steps with modern metal railings, insulation, gutter, recessed lights throughout. The manager has listed the unit size as 1740 square feet.
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| Mar 25, 2016 | Sold | ||
| Sold | |||
| Nov 12, 2015 | Listed by Century 21 Commonwealth | $469,000 | |
| Listed by Century 21 Commonwealth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017