541 Summer Ave
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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by RE/MAX Heritage, LLC | $489,000 | |
| Listed by RE/MAX Heritage, LLC | |||
| Aug 26, 2011 | Sold | ||
| Sold | |||
| May 20, 2011 | Listed by Leading Edge Real Estate | $349,900 | |
| Listed by Leading Edge Real Estate | |||
| | |||
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NEW PRICE!!"Pottery Barn Perfect" describes this 3 br., move in ready home! Meticulously cared for, this adorable home has sparkling HW floors, trendy decorator colors and lots of character & detail throughout. And don't miss the impressive custom built mantle! Other updates include newer kitchen w/maple cabs, newer furnace, siding, composite deck & shed, white picket fence & over sized replacement windows. Close proximity to Boston, major routes & public transportation. Simply Charming!
| |||
| Sep 22, 2010 | Listed by RE/MAX Heritage, LLC | $364,900 | |
| Listed by RE/MAX Heritage, LLC | |||
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Address: 335 Madison Avenue, New York, NY 10017