50 Summit Ave #B
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%.
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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 |
|---|---|---|---|
| Nov 6, 2017 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by Hammond Residential Real Estate | $449,000 | |
| Listed by Hammond Residential Real Estate | |||
| May 20, 2005 | Sold | ||
| Sold | |||
| Apr 5, 2005 | Listed | $339,500 | |
| Listed | |||
| |||
|
Sleek and pristine 1 bedroom unit features 2001 total renovation. There are gleaming maple wood floors,fully applianced kitchen including trash compactor, in-unit washer & dryer, water filtration system throughout, charming garden patio, common roof deck with amazing views & 1 parking space. Convenient to "T", Coolidge Corner shops, restaurants and the Longwood medical area...Don't miss this!!
| |||
| Aug 20, 2001 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2021
|
3 Bed
|
2 Bath
|
1790 ft²
|
$1,500,000
3 Bed
2 Bath
1790 ft²
|
$1,550,000
+3.33%
06/30/2021
|
Jun Zhang
HMW Real Estate, LLC
| |
|
09/14/2017
|
1 Bed
|
1 Bath
|
620 ft²
|
$449,000
1 Bed
1 Bath
620 ft²
|
$432,500
-3.67%
11/06/2017
|
Deborah Gordon
Coldwell Banker Realty - Brookline
| |
|
06/14/2017
|
3 Bed
|
2 Bath
|
1660 ft²
|
$1,050,000
3 Bed
2 Bath
1660 ft²
|
$1,037,500
-1.19%
08/11/2017
|
Sharon Tang
U3 Realty, LLC
| |
|
04/10/2014
|
3 Bed
|
2 Bath
|
1765 ft²
|
$899,000
3 Bed
2 Bath
1765 ft²
|
$928,000
+3.23%
08/01/2014
|
Ken Gehris
Supreme Property Solutions
| |
|
09/27/2006
|
3 Bed
|
2 Bath
|
1660 ft²
|
$594,000
3 Bed
2 Bath
1660 ft²
|
$581,200
-2.15%
01/03/2007
|
Rimma Pevzner
MetroBoston Realty Group, Inc
| |
|
04/05/2005
|
1 Bed
|
1 Bath
|
620 ft²
|
$339,500
1 Bed
1 Bath
620 ft²
|
$340,000
+0.15%
05/20/2005
|
Honey Deutsch
Coldwell Banker Realty - Newton
| |
|
12/10/2002
|
3 Bed
|
2 Bath
|
1765 ft²
|
$549,000
3 Bed
2 Bath
1765 ft²
|
$541,000
-1.46%
03/10/2003
|
Honey Deutsch
Coldwell Banker Realty - Newton
| |
|
06/09/2001
|
1 Bed
|
1 Bath
|
620 ft²
|
$197,500
1 Bed
1 Bath
620 ft²
|
$185,088
-6.28%
08/20/2001
|
Lee Cooke Childs
Compass
| |
|
11/01/1998
|
1 Bed
|
1 Bath
|
640 ft²
|
$149,000
1 Bed
1 Bath
640 ft²
|
$130,000
-12.75%
03/03/1999
|
Pam Ellis
Coldwell Banker Realty - Brookline
| |
|
02/06/1998
|
3 Bed
|
2 Bath
|
1765 ft²
|
$395,000
3 Bed
2 Bath
1765 ft²
|
$395,000
05/01/1998
|
Alan Cohen
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017