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 | |||
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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!!
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| Dec 22, 2016 | Sold | ||
| Sold | |||
| Nov 4, 2016 | Listed by Gibson Sotheby's International Realty | $499,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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This is the one you have been waiting for! Light-filled and private end unit in the Elms, Hanover's premier 55+ community. Beautiful hardwood floors flow though the granite kitchen with peninsula, spacious dining room, and cathedral living room with gas fireplace and recessed lighting. First and second floor bedrooms with en suite baths allow for a master on either floor and the loft provides the perfect amount of extra living space. Three season room with bead board ceiling and composite deck afford outdoor enjoyment and views of greenspace & woods. Large basement with ample storage space and attached garage. Well run community boast a large clubhouse and tree lined streets & sidewalks and is in close proximity to shopping, highway, and amenities. Act quickly and seize your opportunity to call the Elms home!
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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