192 Summit Ave
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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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Mar 29, 2023 | In contract | - | |
| In contract | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 18, 2020 | In contract | - | |
| In contract | |||
| Jul 10, 2020 | Listed | $1,099,000 | |
| Listed | |||
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Elegance & remarkable architectural details abound in this beautifully situated Victorian on exquisite property in the heart of Summit's Northside near sought after Lincoln Elem & NYC direct train! Award winning historic renov. 1st lvl feat. architecturally magnificent octagonal front porch w/beehive ceiling, original hardwood floors, 9.5' cove ceilings, extensive millwork/builtins. Liv Rm w/fireplace & 2 sep entertaining areas. Din Rm w/builtins. Kitch w/repurposed wood cabinets, terracotta & ss counters & Viking Pro stove. Brooklyn-chic MBR Suite w/Dressing Rm, Sitting Rm & Bath. 3 other sunny beds w/ample clsts. Deep & magical park-like prop w/perennials, stone paths & tons of grassy flat area. 2 Car Garage. LL w/Rec Rm, Mud Rm & expansion possibility w/high clngs. An architectural masterpiece!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017