8 Summit Ave
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 |
|---|---|---|---|
| Aug 14, 2015 | Sold | ||
| Sold | |||
| Aug 5, 2014 | Listed by Beacon Rock Realty Services | $1,395,000 | |
| Listed by Beacon Rock Realty Services | |||
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Voted by Boston Magazine -to be one of "The Best Streets to Live On" in MA -- and for a reason. Enjoy your morning cup of coffee on the expansive deck -- watching the sun rise over what many people consider the best views on the South Shore. This rarely offered opportunity on exclusive Green Hill -- gives you front row seats to views of coveted Doctors Island and access to Straights Pond. Put in your own private steps to Crescent Beach-- a large sandy beach, used almost exclusively by residents, and enjoy the waves and cookouts with family and friends. This very private and enchanting get away would be an easy commute from Boston -- to enjoy as a second home, or as a year around residence. A little elbow grease and creativity can turn this diamond in the rough into your DREAM HOME!!! This one won't last! Easy to show -- 24 hours notice please.
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| Sep 1, 1995 | Sold | ||
| Sold | |||
| Sep 8, 1994 | Listed by Beacon Rock Realty Services | $429,900 | |
| Listed by Beacon Rock Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017