128 Summit 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 |
|---|---|---|---|
| Jan 8, 2016 | Sold | ||
| Sold | |||
| Oct 1, 2015 | Listed by RE/MAX The Real Estate Leaders | $229,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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FANTASTIC OPPORTUNITY! 4 Bdrm/1 Bath Cape house in need of some TLC. Come put your finishing touches on this home and make it your own. Located on a corner lot on the dry side of Belford, this home features new high efficiency HVAC, new roof, & brand new pool liner! Kitchen is open to breakfast nook/dining area and could be perfect for entertaining. Bathroom has been updated w/ ceramic floors & newer vanity. Other features include laminate flooring throughout LR & downstairs bedrooms, separate laundry room & attached one car garage! All located close to ferry to NYC & area beaches!
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| Sep 18, 2012 | Sold | ||
| Sold | |||
| Mar 27, 2012 | Listed by Weichert Realtors-Rumson | $146,100 | |
| Listed by Weichert Realtors-Rumson | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017