1636 SUMMERDOWN Way
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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%.
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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 |
|---|---|---|---|
| Aug 26, 2023 | Listed by ASHLEY HOMES REALTY LLC | $456,900 | |
| Listed by ASHLEY HOMES REALTY LLC | |||
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Aug 8, 2018 | Listed by ASHLEY HOMES REALTY LLC | $290,000 | |
| Listed by ASHLEY HOMES REALTY LLC | |||
| Jan 8, 2016 | Sold | ||
| Sold | |||
| Nov 5, 2015 | Listed by RE/MAX SPECIALISTS | $260,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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BRAND NEW...LOADED W/UPGRADES! You will not find another home in this price point with these finishes; ICI's last home in Plantation Grove! Lovely 2 story has HUGE bedrooms. Paver driveway & front porch, enter the Great room w/20'' tile on the diagonal, surround sound speakers built in, opens to the GOURMET kitchen. Kitchen has 42'' espresso cabinets w/crown, granite, glass tile backsplash, SS appliances incl wall oven & glass cooktop. FABULOUS upgraded lighting! There's a half bath down & sliders to covered patio w/ extended paver patio that open to a big fenced yard! Upstairs is the master suite; the bath has granite tops, seamless shower w/seat, the laundry room, two VERY generous bedrooms, both w/WIC, and hall bath w/Corian tops & custom listello tile. Full 1 yr builder warranty!
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About Fruit Cove
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$2,100 /mo
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$1,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017