61 Summer Avenue
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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 |
|---|---|---|---|
| Feb 10, 2010 | Sold | ||
| Sold | |||
| Dec 1, 2009 | Listed by Prudential Howe & Doherty | $399,900 | |
| Listed by Prudential Howe & Doherty | |||
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Charming and well maintained west side cape. 7 rooms, 3 BD with open foyer. Lovely living room with FP, built ins and hardwood floors. Oak cab in kitchen w/ Island. Jenn-aire grill.Cathedral ceiling/ skylights in dining area. 2 new bathrooms. New roof /newer windows. New 200 amp electrical service. Sliders to three season area with attached deck for grill. Side entry mud room. Attached garage. Huge lower level family room with full bath. Wet bar with granite top. Private backyard. New driveway.
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| Jul 16, 2002 | Sold | ||
| Sold | |||
| May 29, 2002 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $349,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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CHARMING & WELL MAINTAINED WESTSIDE CAPE. OPEN FOYER, LOVELY FP'D LR W/BUILT-INS, HW FLR. KIT HAS CT, OAK CAB, EATING BAR, JENN-AIRE GRILL, CATH CEILING, SKYLITES, DINING AREA. SLIDERS TO BEAU SCREENED PORCH & DECK. HUGE LL FR, MORE!
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| Apr 14, 2000 | Sold | ||
| Sold | |||
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