63 Summit St
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Coldwell Banker Realty - Cambridge | $750,000 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
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Discover the charm of Arlington Heights in this ideally located three-bedroom home, just steps from the highly sought-after Peirce School and the vibrant Minuteman Bike Trail. This home features a sunroom overlooking a serene backyard, a semi-finished basement and a full bathroom, offering plenty of space to make it your own. Imagine enjoying weekends exploring nearby Mt. Gilboa Park, McClennen Park, skating at the Ed Burns Arena or unwinding at Arlington Reservoir Beach.Conveniently located near Arlington Heights shopping, dining and public transportation, you’ll be just a short distance from Mass. Avenue, with easy access to buses to Alewife and Harvard Square. With all these amenities at your doorstep, this home is your perfect canvas—ready for you to add your finishing touches and start your Arlington adventure.
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| Jun 13, 1972 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017