18 Summit 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 15, 2010 | Sold | ||
| Sold | |||
| Jun 4, 2010 | Listed by Coughlin & Co. Real Estate | $180,000 | |
| Listed by Coughlin & Co. Real Estate | |||
| | |||
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Unbelievable Location and Large Yard, Open Floor Plan, Finished Basement, Hardwood Floors, Granite Kitchen with Newer Cabinets, Vinyl Windows ****AGENTS: PLEASE SEE FIRM REMARKS****
| |||
| Dec 11, 2009 | Listed by RE/MAX Realty Group | $180,000 | |
| Listed by RE/MAX Realty Group | |||
| Dec 17, 2004 | Sold | ||
| Sold | |||
| Oct 2, 2004 | Listed by RE/MAX Realty Group | $244,800 | |
| Listed by RE/MAX Realty Group | |||
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