18006 Summer Avenue
About This Property
This Single level home features hardwood flooring in all the bedrooms and dining room, tile in the kitchen, bathrooms, and laundry area. The kitchen was remodeled around 2006, and a wet bar was installed at the time, along with fresh paint, moldings, light fixtures, and a bathroom upgrade. The spacious family room provides access to the Large back yard, great for any type of gatherings. When it is time to relax and wind down, the dual pane windows will keep the home very quite. Central A/C and heating is one of the many great features the next owner will continue to enjoy for years to come. "Don't miss the opportunity to purchase this house"!
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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 |
|---|---|---|---|
| Sep 5, 2019 | Sold | ||
| Sold | |||
| Jul 19, 2019 | Listed by El Camino Realty | $738,888 | |
| Listed by El Camino Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017