225 Summer Hill
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 |
|---|---|---|---|
| Mar 22, 2016 | Sold | ||
| Sold | |||
| Nov 11, 2015 | Listed by Homecity Real Estate | $390,000 | |
| Listed by Homecity Real Estate | |||
| Jul 23, 2015 | Sold | ||
| Sold | |||
| Jun 15, 2015 | Listed by Drayton Realty, LLC | $49,500 | |
| Listed by Drayton Realty, LLC | |||
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Beautiful level lot densely packed with an assortment of wonderful trees. Clear out as much or as little as you would like to truly customize your few from the back while maintaining a tremendous amount of privacy. Nestled on a short street that ends in a Cul-de-sac with little to no traffic noise and even less traffic. Close to shopping, Gruene, and Canyon lake with access to the river and community features that comes with being apart of the wonderful River Chase Community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017