16 Summer Street
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 16, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by Carol Brannaka REALTORS® | $564,000 | |
| Listed by Carol Brannaka REALTORS® | |||
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You "have" to see this one to appreciate!! This wonderful property has 4.72 acres! A captivating setting! A warm & inviting home! Centrally located this charming ranch home sits back off the road & is conveniently located in the center of Rehoboth. One level of living with a an open floor plan. Large kitchen w/Corian counter tops & dining area that tastefully flows into the L shaped living room w/soapstone wood stove & slider to patio/deck that overlooks the private back yard & pond. The master bedroom has two walk in closets, there is a total of four bedrooms, (One room is being used as an exercise room/office) one & one half baths & laundry room. Central air, a utility room & many closets for storage. Equestrians take note!! This property has a seven stall barn with paddocks and it also includes an office, half bathroom & attached work shop/storage area. Much versatility. If the future holds us spending more time working and being at home "this" is the place to be! Come take a look
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| Nov 25, 2003 | Sold | ||
| Sold | |||
| Jul 16, 2003 | Listed by Century 21 David Smith R.E. | $479,000 | |
| Listed by Century 21 David Smith R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017