2275 Summit Boulevard
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 11, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Real Estate Advantage | $79,900 | |
| Listed by Real Estate Advantage | |||
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A captivating ranch-style home located in the Falconer area presents the ease of single-story living, complete with first-floor laundry, a storage shed, and a charming covered front porch. The property boasts a beautiful concrete driveway and comes fully equipped with kitchen and laundry appliances, offering a turnkey, move-in-ready opportunity. Fully Electric home on Jamestown BPU low cost utilities.
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| Aug 2, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017