162 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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Keller Williams Realty | $359,900 | |
| Listed by Keller Williams Realty | |||
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Unlock the potential with this charming 2 Bedroom Ranch offering endless possibilities and the perfect canvas awaiting your personal touch! Bring your ideas and visions to life to transform and update this great residence to your imagination! This home is nestled on a large 1.38 acre lot and offers a newer architectural shingle roof, oversized barn and newly passed Title V. The interior features a spacious living room with a cozy brick fireplace, slider to 18x11 back deck, open floor plan flowing seamlessly into eat-in kitchen and a primary suite with slider to private back deck. The spacious basement offers tons of storage space and potential 3rd bedroom or home office. Don't miss this great opportunity this home has to offer!
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| Jun 26, 1998 | Sold | ||
| Sold | |||
| Jan 24, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017