23 Summit St
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 |
|---|---|---|---|
| May 22, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Sep 9, 2016 | Listed by RE/MAX Realty Experts | $345,000 | |
| Listed by RE/MAX Realty Experts | |||
| Jul 19, 2016 | Sold | ||
| Sold | |||
| May 25, 2016 | Listed by Century 21 North Shore | $339,989 | |
| Listed by Century 21 North Shore | |||
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MULTIPLE OFFERS! Send you HIGHEST AND BEST by 5pm on 5/31. Come see this property that is completely renovated. Hardwood floors all throughout (1st floor), two fully renovated bathrooms, stainless steel appliances, and partially finished basement with Vinyl plank floors. It also has a new roof and heating system (tankless), new windows, and beautiful LED recessed lights on living room and kitchen. Also granite countertops will be installed in the Kitchen next Tuesday 5/31. Only 15 minutes away from Essex Museum one of the many popular landmarks. A MUST SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017