14 Summit
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 25, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | No longer available | - | |
| No longer available | |||
| Jun 28, 2023 | In contract | - | |
| In contract | |||
| Jun 18, 2023 | Listed by RE/MAX Town & Country | $399,900 | |
| Listed by RE/MAX Town & Country | |||
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Well Maintained 3 Bedroom Raised Ranch in Lippitt Estates. Luxury Vinyl Plank Flooring on Main Level. Dining Room with Large Skylight and Slider to Trex Deck. Recently Updated Kitchen with Quartz Countertop, Soft Close White Cabinets, and a Skylight. Newly Refinished Bathroom with New Tile Floor, New Tub, Separate Shower, Vanity & Toilet. Lower Level Includes: Finished Family Room with Tile Floor, Laundry Area, Utility Room, and One Car Garage.
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| Jun 3, 2023 | Listed by RE/MAX Town & Country | $399,900 | |
| Listed by RE/MAX Town & Country | |||
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Address: 335 Madison Avenue, New York, NY 10017