16 Summit St
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 |
|---|---|---|---|
| Jun 27, 2016 | Sold | ||
| Sold | |||
| Oct 28, 2014 | Sold | ||
| Sold | |||
| Jul 19, 2014 | Listed by Pablo Maia Realty | $249,900 | |
| Listed by Pablo Maia Realty | |||
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This colonial home is spacious and has a nice lay out. It has huge rooms and hardwood floor throughout. The roof was replaced in 2009 and windows in 2010. Extra space in the walk up attic waiting to be finished. Don’t wait too long to see it!!
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| Oct 31, 2008 | Sold | ||
| Sold | |||
| Jul 24, 2008 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017