104 Summers
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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Jan 6, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | No longer available | - | |
| No longer available | |||
| Dec 8, 2019 | Listed | $109,000 | |
| Listed | |||
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Great investment property or first time home. Interior recently painted, new stove over the summer, the foundation has been professionally repaired and reinforced, French drains installed, plumbing and electric brought up to code, fenced in yard, 10x12 storage building, newer vinyl floors. Extremely close to Elon university. Alarm system Consistent rental history. All appliances to remain. Termite bond that is transferable. The manager has listed the unit size as 1080 square feet.
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| Oct 6, 2019 | Listed by Whitfield Properties Team | $109,000 | |
| Listed by Whitfield Properties Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017