21 Summerfield Dr. #21
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 |
|---|---|---|---|
| Jul 15, 2016 | Sold | ||
| Sold | |||
| Feb 10, 2016 | Listed by RE/MAX Executive Realty | $305,000 | |
| Listed by RE/MAX Executive Realty | |||
| Aug 2, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2014 | Listed by Century 21 The Real Estate Group | $349,000 | |
| Listed by Century 21 The Real Estate Group | |||
| | |||
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Beautifully maintained 2 bedroom condo at Summerfield Estates. This unit has rich hardwood floors and a private, yet open kitchen all on one floor. Picturesque views from every window make this a wonderful retirement retreat. This unit is ready to move in to. Nothing needs to be done other than unpack your boxes. Two car attached garage and welcoming front porch. Small deck for afternoon visits or reading a book. Central air and gas heat for efficient living. Full walk out basement w/ French doors and roughed plumbed for bathroom. Furnace sufficient for heat and cooling basement area.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2016
|
2 Bed
|
2 Bath
|
1733 ft²
|
$305,000
2 Bed
2 Bath
1733 ft²
|
$310,000
+1.64%
07/15/2016
|
Cynthia Bowen
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
04/23/2014
|
2 Bed
|
2 Bath
|
1733 ft²
|
$349,000
2 Bed
2 Bath
1733 ft²
|
$333,000
-4.58%
08/02/2014
|
Jeannette Gokey
Custom Home Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017