1402 Summit Drive
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 |
|---|---|---|---|
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $195,000 | |
| Listed | |||
| | |||
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Move In Ready! Wow- This Gorgeous Corner Lot Home Is A Must See! Fully Upgraded Kitchen in 2016 Includes Pantry, Granite, New Cabinets, New Light Fixtures, New Sink, Fresh Paint & More! 3 Nice Sized Bedrooms & 1 1/2 baths - Plus A Finished Basement That Is Perfect For Entertaining! Cozy Fenced Backyard & 2.5 Car Garage - Newer Appliances (2014) - Newer Roof (2011) Come See This Well Maintained Home! The manager has listed the unit size as 1250 square feet.
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| Jul 31, 2017 | Listed by Exit Realty Northwest | $195,000 | |
| Listed by Exit Realty Northwest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017