161 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 |
|---|---|---|---|
| Nov 22, 2004 | Sold | ||
| Sold | |||
| Oct 6, 2004 | Listed by Keller Williams Realty | $319,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Pretty "L" shaped Ranch with over-sized bedrooms. Family room has Cathedral ceiling and French doors leading to beautiful private patio/garden area w/ inground gunite pool. Spacious living room has fireplace. Well-landscaped yard is corner lot. Attached garage with workshop. Nice neighborhood with a convenient commuter location.
| |||
| Sep 14, 2001 | Sold | ||
| Sold | |||
| Jul 19, 2001 | Listed by Cowley Associates | $289,900 | |
| Listed by Cowley Associates | |||
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Address: 335 Madison Avenue, New York, NY 10017