97 Summer Avenue
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 18, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed | $819,900 | |
| Listed | |||
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Charming Central Entrance Colonial on One of the Area’s Most Beloved Streets! Welcome to this classic 3-bedroom turnkey home, freshly painted throughout & ready for you to move right in and put down your roots!. Located on a street recognized by Boston Magazine as one of the BEST PLACES TO LIVE, this home combines timeless charm w/ modern updates including a beautifully UPDATED KITCHEN W/QUARTZ COUNTERS, an adorable breakfast nook, perfect for home cooking and entertaining. ALL 3 GENEROUS SIZED BEDROOMS UP!, The house shines w/natural light & RECESSED LIGHTING . A detached two-car garage adds convenience and functionality. Enjoy a newly fenced in backyard perfect to entertain or share w/ family. Ideally situated nearby local schools and with easy access to major commuter routes, this home is the perfect home for someone looking to get into Reading and for anyone seeking both comfort and location. Roof 2011. Don’t miss this opportunity to own a home on Readings coveted WEST SIDE
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| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Premier Realty Group, Inc. | $689,900 | |
| Listed by Premier Realty Group, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017