140 Summit Avenue
About This Property
Deceiving from the outside, yet larger then most in this price range. The spacious home offers a dining/family room combination with lots of windows and open to the kitchen, making this space perfect for entertaining! The wood floors and full finished walkout basement leading to the peaceful backyard with an in-ground pool and deck is certain to bring lots of outdoor enjoyment. Situated on an oversized corner lot and conveniently and located to Shopping, NYC Ferry & Beaches and only 10 minutes to the NJ Transit Train, Garden State Parkway and Downtown Red Bank; making this a terrific value in today's market!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 7, 2017 | Sold | ||
| Sold | |||
| Apr 19, 2017 | Listed by Coldwell Banker Realty | $330,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017