1015 SUMMIT Avenue #2D
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | In contract | - | |
| In contract | |||
| May 31, 2022 | Price Decreased |
$125,000
↓ $30K
(19.1%) | |
| Price Decreased | |||
| May 23, 2022 | Price Increased |
$154,500
↑ $30K
(23.6%) | |
| Price Increased | |||
| May 20, 2022 | Relisted | $125,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/25/2025
|
1 Bed
|
1 Bath
|
700 ft²
|
$115,000
1 Bed
1 Bath
700 ft²
|
-
-
|
Sam Petie
BERKSHIRE HATHAWAY
| |
|
12/11/2022
|
1 Bed
|
1 Bath
|
-
|
$110,000
1 Bed
1 Bath
|
-
-
|
Barbara Gause
Exp Realty
| |
|
12/21/2022
|
1 Bed
|
1 Bath
|
-
|
$125,000
1 Bed
1 Bath
|
-
-
|
Abel Brea
Besmatch Real Estate
| |
|
11/17/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$125,000
1 Bed
1 Bath
700 ft²
|
$125,000
11/16/2022
|
Gregory Tsougranis
Keller Williams Realty NYC Grp
| |
|
09/24/2020
|
1 Bed
|
1 Bath
|
-
|
$79,000
1 Bed
1 Bath
|
$78,000
-1.27%
12/08/2020
|
KIM MCKELLER
Brown Harris Stevens Residential Sales LLC
| |
|
09/11/2020
|
Studio
|
1 Bath
|
-
|
$70,000
Studio
1 Bath
|
$70,000
02/09/2021
|
Kim McKeller
Halstead Property, LLC
| |
|
08/11/2020
|
1 Bed
|
1 Bath
|
-
|
$79,000
1 Bed
1 Bath
|
$79,000
11/04/2021
|
Kim McKeller
Halstead Property, LLC
| |
|
02/22/2018
|
Studio
|
1 Bath
|
500 ft²
|
$45,000
Studio
1 Bath
500 ft²
|
$40,000
-11.11%
07/24/2018
|
Eric Stein
RE/MAX Distinguished Hms.&Prop
| |
|
01/08/2018
|
1 Bed
|
1 Bath
|
-
|
$75,000
1 Bed
1 Bath
|
$75,000
04/26/2018
|
KIM MCKELLER
Brown Harris Stevens Residential Sales LLC
| |
|
11/24/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$90,000
1 Bed
1 Bath
700 ft²
|
$60,000
-33.33%
04/11/2018
|
Vanessa Villanueva
MVM Realty Services LLC
| |
|
09/02/2017
| |
1 Bed
|
1 Bath
|
750 ft²
|
-
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
|
08/24/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$65,000
1 Bed
1 Bath
750 ft²
|
$56,500
-13.08%
12/07/2017
|
Monica Creacy
Century 21 Schneider Realty
| |
|
03/29/2017
|
1 Bed
|
1 Bath
|
-
|
$51,000
1 Bed
1 Bath
|
$51,000
06/15/2017
|
Kim McKeller
Halstead Property, LLC
| |
|
02/24/2017
|
1 Bed
|
1 Bath
|
-
|
$51,000
1 Bed
1 Bath
|
$51,000
06/14/2017
|
KIM MCKELLER
Brown Harris Stevens Residential Sales LLC
| |
|
01/30/2017
|
Studio
|
1 Bath
|
-
|
$65,000
Studio
1 Bath
|
-
-
|
Kim McKeller
Halstead Property, LLC
| |
|
01/30/2017
|
Studio
|
1 Bath
|
-
|
$59,000
Studio
1 Bath
|
-
-
|
Kim McKeller
Halstead Property, LLC
| |
|
01/24/2017
|
1 Bed
|
1 Bath
|
-
|
$100,000
1 Bed
1 Bath
|
$63,000
-37.00%
06/16/2017
|
KIM ELIZABETH MCKELLER
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
01/24/2017
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
$55,000
01/23/2018
|
Kim McKeller
Halstead Property, LLC
|
Building Info
- 38 Units
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017