6 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%.
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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 |
|---|---|---|---|
| Jan 30, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $200,000 | |
| Listed | |||
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Waterfront on beautiful/desirable Northeast Pond of Milton Three Ponds! Opportunity!! Short Sale with prior approval, looking for new buyer. Make an offer. Custom designed, 2 bdrm, 2 bth, built in 2001. Garage with finished 2nd level. Open concept floor plan, bright, spacious LR/DR with cathedral ceilings, skylights, and a row of windows overlooking rear yard. Rear deck. Unit has it's own dock. 2nd flr master BR with full bath, & office area. Full basement with 8' ceilings. Convenient commuter location, easy access to Spaulding Turnpike. Subject to Third Party/Lender approval. Land only condominium. Did I say beautiful location, waterfront???!!! What are you waiting for, show your buyers!! Bring VISION, make this property shine again!! Property sold AS IS/AS SHOWN. Pictures taken when seller occupied property. The manager has listed the unit size as 1187 square feet.
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| May 29, 2016 | Listed by Keller Williams Realty Success | $200,000 | |
| Listed by Keller Williams Realty Success | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017