96-R Summer St
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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%.
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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.
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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Commonwealth Standard Realty Advisors | $1,250,000 | |
| Listed by Commonwealth Standard Realty Advisors | |||
| | |||
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Quietly nestled away from the street, this sunny three bedroom colonial retreat blends custom high-end finishes and contemporary design with the conveniences of urban living. Close to Union Square’s shops and restaurants, Bow Market, newly-opened MBTA Green line stops, I-93 & Rt 28, you will have easy access to city amenities. From the mahogany deck to the Hardie Plank siding and IPE floors, every detail reflects luxury and sustainability. Inside, the staircase boasts built-in drawers and steel cable balusters, enhancing the modern aesthetic. Carefully selected light fixtures and custom drapery add to the home's eclectic charm. The kitchen impresses with Zebra wood cabinets and White Caesarstone quartz countertops. Glass atrium doors seamlessly connect indoor and outdoor spaces, leading to a landscaped patio. Recent upgrades include a new roof, 200 AMP electrical service, hot water heater, and HVAC system. 2 car parking & EV ready! Don’t miss your chance to own this single-family home!
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| May 31, 2018 | Sold | ||
| Sold | |||
| Apr 4, 2018 | Listed by Commonwealth Standard Realty Advisors | $895,000 | |
| Listed by Commonwealth Standard Realty Advisors | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017