856 Summer Street
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 3, 2012 | Sold | ||
| Sold | |||
| Jul 28, 2011 | Listed by Realty Executives Esteemed Properties | $425,000 | |
| Listed by Realty Executives Esteemed Properties | |||
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*** SEALED OFFER OPPORTUNITY *** JUNE 3-9 ONLY - LIFESTYLE PROPERTY-You're all about privacy,charm,uniqueness,proximity to ocean! 856 Summer has it all-bike/run/walk beautiful Damon's Point, 5 min drive dreamy Humarock Beach/docks,tiny village ambiance on South River.Tree-canopied driveway welcomes,vintage stone walls surround classic Gambrel featuring spacious FP LR/builtins,lg MBR/walk-in closet,hardwood floors,newer windows & htg system;3 full baths.Enjoy personalizing its "beautiful bones"!
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| Sep 17, 2004 | Sold | ||
| Sold | |||
| Jul 6, 2004 | Listed by Coldwell Banker Residential Brokerage - Scituate | $499,900 | |
| Listed by Coldwell Banker Residential Brokerage - Scituate | |||
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