862 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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Steve Callahan Realty LLC | $675,000 | |
| Listed by Steve Callahan Realty LLC | |||
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Nestled amongst the trees this spacious gambrel home has much to offer.Enter into the living room that showcases a woodburning fireplace as well as stunning hickory wood floors that carry throughout most of the home.The spacious dining room opens into the well appointed kitchen that features granite counters, breakfast bar with seating, stainless steel appliances, induction range, newer microwave, Bosch dishwasher and undermount lighting. The first floor also has an office/family room and updated half bath with laundry.The second floor of the home offers a Large primary bedroom with custom closet and master bath with teak vanity, jetted tub and open tiled shower. 2 spacious bedrooms and second full bath complete this level. Updates: 2023 New interior trim, 1/2 bath remodel, new side deck, new stone patio,retaining wall& pergola. 2022 Chimney relined & capped, 2017 roof and more. Move in ready! All on a total acre plus of land made up of two lots Franklin(.55 acres)/Wrentham(.49 acres).
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| Jul 26, 2017 | Sold | ||
| Sold | |||
| Jun 7, 2017 | Listed by Steve Callahan Realty LLC | $425,000 | |
| Listed by Steve Callahan Realty LLC | |||
| Dec 30, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017