88 Summer Street #21
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 22, 2016 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Listed by JT Fleming & Company | $645,000 | |
| Listed by JT Fleming & Company | |||
| | |||
|
Built in 2001, this exceptional townhome offers 2,158 sq.ft. of living space in one of Arlington’s most walkable locations. 2 Bedrooms plus a top floor Bonus Room and Roof Deck make this home a great option for most home buyers. The Minuteman Bikeway is just steps from the back of the property and runs from Bedford all the way to the Alewife area, right through Arlington Center. The combination of some of the best rated schools in the area and an extremely convenient commuter location make this property a true gem!
| |||
| Oct 23, 2012 | Sold | ||
| Sold | |||
| Jun 2, 2012 | Listed by eXp Realty | $479,000 | |
| Listed by eXp Realty | |||
| Jul 29, 2003 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/09/2022
|
3 Bed
|
3 Bath
|
2135 ft²
|
$839,000
3 Bed
3 Bath
2135 ft²
|
$910,000
+8.46%
05/10/2022
|
Terry McCarthy
Coldwell Banker Realty - Belmont
| |
|
09/29/2016
|
2 Bed
|
3 Bath
|
2158 ft²
|
$645,000
2 Bed
3 Bath
2158 ft²
|
$667,000
+3.41%
11/22/2016
|
Shell Yu
JT Fleming & Company
| |
|
06/02/2012
|
3 Bed
|
3 Bath
|
2158 ft²
|
$479,000
3 Bed
3 Bath
2158 ft²
|
$470,000
-1.88%
10/23/2012
|
Jeremy Richman
Keller Williams Realty Boston Northwest
| |
|
05/10/2012
|
2 Bed
|
3 Bath
|
2131 ft²
|
$479,000
2 Bed
3 Bath
2131 ft²
|
$474,000
-1.04%
07/31/2012
|
Susan Rudd
Leading Edge Real Estate
| |
|
04/08/2010
|
2 Bed
|
3 Bath
|
2197 ft²
|
$514,900
2 Bed
3 Bath
2197 ft²
|
$512,000
-0.56%
06/23/2010
|
Lynne Thompson
Gibson Sotheby's International Realty
| |
|
07/10/2009
|
3 Bed
|
3 Bath
|
2135 ft²
|
$499,000
3 Bed
3 Bath
2135 ft²
|
$490,000
-1.80%
10/02/2009
|
James White
James S. White Real Estate
| |
|
05/19/2005
|
2 Bed
|
3 Bath
|
2135 ft²
|
$525,000
2 Bed
3 Bath
2135 ft²
|
$520,000
-0.95%
07/25/2005
|
James White
James S. White Real Estate
| |
|
05/11/2004
|
2 Bed
|
2 Bath
|
2175 ft²
|
$514,900
2 Bed
2 Bath
2175 ft²
|
$514,900
07/21/2004
|
Jennifer Robertson
| |
|
03/01/2004
|
2 Bed
|
2 Bath
|
2197 ft²
|
$499,000
2 Bed
2 Bath
2197 ft²
|
$499,000
04/29/2004
|
Judith Conley
Coldwell Banker Realty - Arlington
| |
|
05/01/2003
|
2 Bed
|
7 Bath
|
2158 ft²
|
$479,000
2 Bed
7 Bath
2158 ft²
|
$462,000
-3.55%
07/29/2003
|
Mary Mangan
Coldwell Banker Realty - Arlington
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017