7 Summersweet Circle #7
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Success! Real Estate | $770,000 | |
| Listed by Success! Real Estate | |||
| | |||
|
Offer Accepted, open house cancelled. Check out this fantastic end unit townhouse located in The Elms 55 plus community! Situated on a cul-de-sac across from the beautiful clubhouse. The covered front porch provides an inviting entrance and place to enjoy the wonderful landscaping. Step inside to newly refinished hardwood floors and grand staircase. The kitchen features brand new stainless-steel appliances and granite countertops. Living room area has freshly painted cathedral ceilings/walls and a gas fireplace. Dining room and half bath with laundry are off the living room. First floor main bedroom has new carpeting and painted ceilings/walls, its own full bathroom and plenty of closet space. Upstairs features a second bedroom and loft area with new carpets, more closet space and a full bath. The outside of the unit has been power washed, three season room has been painted with a new herring bone carpet installed. This home is ready for you to move right in!!
| |||
| Dec 22, 2016 | Sold | ||
| Sold | |||
| Nov 4, 2016 | Listed by Gibson Sotheby's International Realty | $499,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/14/2024
|
2 Bed
|
3 Bath
|
2258 ft²
|
$770,000
2 Bed
3 Bath
2258 ft²
|
$770,000
12/06/2024
|
Kelly Roche
Compass
| |
|
11/04/2016
|
2 Bed
|
3 Bath
|
2258 ft²
|
$499,000
2 Bed
3 Bath
2258 ft²
|
$499,000
12/22/2016
|
Lindsey J. Flaherty
Coldwell Banker Residential Brokerage - Norwell
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017