74 Summer 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, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Open Circle Realty Group LLC | $620,000 | |
| Listed by Open Circle Realty Group LLC | |||
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Opportunity knocks! This spacious 4 bedroom, 1.5 bath Colonial offers endless potential for the right buyer. With generous living space and a walk-up attic ready to be finished, this home is perfect for those looking to add value through updates and improvements. Whether you’re an investor, handyman, or buyer with vision, this property is your chance to put in sweat equity and create something special. Conveniently located near Encore Casino, schools, shops, restaurants, and public transportation, this home is being sold as-is. Parking was approved for this property by the City of Everett. Don’t miss the chance to bring this Everett gem back to life!
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| Nov 28, 2011 | Sold | ||
| Sold | |||
| May 2, 2011 | Listed by JRS Properties, Inc. | $219,900 | |
| Listed by JRS Properties, Inc. | |||
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