63 Summit Ave #2
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 |
|---|---|---|---|
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by William Raveis R. E. & Home Services | $1,525,000 | |
| Listed by William Raveis R. E. & Home Services | |||
| May 20, 2015 | Sold | ||
| Sold | |||
| Mar 17, 2015 | Listed by Keller Williams Realty | $1,280,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Spectacular Boston Skyline views in the heart of Coolidge Corner! Pristine 3 bedroom, 2.5 bath condo with a warm and open layout for easy entertaining. Two bright and sunny levels featuring a fireplaced living room that opens to a lovely dining room. French doors lead to an over-sized deck with unparalleled city views. Renovated chefs kitchen with center island plus pantry. A den with vaulted ceilings and deck add to the flexibility of living space. Two generous sized bedrooms, powder room, full bath and laundry complete the first floor. Upstairs leads you to an office space and luxurious master complete with stunning spa-like bath, walk in closet, and private deck overlooking Boston. There is plentiful storage throughout the unit and additional storage in basement. Deeded parking for 2 cars! Amazing location with close proximity to restaurants, shopping, schools, and the T.
| |||
| Aug 14, 2009 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/09/2021
|
3 Bed
|
3 Bath
|
2070 ft²
|
$1,525,000
3 Bed
3 Bath
2070 ft²
|
$1,825,000
+19.67%
10/08/2021
|
The Gillach Group
William Raveis R. E. & Home Services
| |
|
03/17/2015
|
3 Bed
|
2 Bath
|
1982 ft²
|
$1,280,000
3 Bed
2 Bath
1982 ft²
|
$1,380,000
+7.81%
05/20/2015
|
Deborah M. Gordon
Coldwell Banker Residential Brokerage - Brookline
| |
|
03/19/2013
|
3 Bed
|
1 Bath
|
1359 ft²
|
$729,900
3 Bed
1 Bath
1359 ft²
|
$760,000
+4.12%
04/26/2013
|
Joshua Muncey
Compass
| |
|
06/16/2009
|
3 Bed
|
2 Bath
|
2070 ft²
|
$939,000
3 Bed
2 Bath
2070 ft²
|
$935,000
-0.43%
08/14/2009
|
Ted Mielcarz
Coldwell Banker Residential Brokerage - Brookline
| |
|
07/31/2007
|
2 Bed
|
2 Bath
|
1359 ft²
|
$619,000
2 Bed
2 Bath
1359 ft²
|
$660,000
+6.62%
10/31/2007
|
Nancy Grissom
Hammond Residential Real Estate
| |
|
10/26/2001
|
2 Bed
|
2 Bath
|
1473 ft²
|
$499,000
2 Bed
2 Bath
1473 ft²
|
$492,500
-1.30%
02/12/2002
|
Pam Shamsi
William Raveis R. E. & Home Services
| |
|
10/12/2001
|
2 Bed
|
2 Bath
|
1473 ft²
|
$489,000
2 Bed
2 Bath
1473 ft²
|
$490,000
+0.20%
01/16/2002
|
Pam Shamsi
William Raveis R. E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017