83 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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by eXp Realty | $689,000 | |
| Listed by eXp Realty | |||
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Welcome to 83 Summit Street, a bright and inviting home tucked away in a desirable cul-de-sac neighborhood. With over 1,600 sq. ft. of living space, 3-4 potential bedrooms, 2 full baths, and a 1-car garage, this property offers plenty of versatility. The main level features an open-concept living room filled with natural light, seamlessly flowing into the kitchen, which has been updated with new stainless-steel appliances. A sliding door leads to the fully fenced backyard and deck, perfect for outdoor relaxation. The lower level, with its private entrance, includes a full bath and laundry room combo, making it ideal for a guest suite, home office, or additional living area. With many updates throughout, this home is move-in ready. Conveniently located near Malden Center, MBTA Commuter Rail, 5 mi to Boston, Rtes 60,16,1 & 93, dog park, as well as shopping and restaurants. This home offers a blend of privacy, community, and accessibility. Don’t miss the chance to see this wonderful home!
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| May 14, 2018 | Sold | ||
| Sold | |||
| Mar 31, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017