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231 SUMMIT Avenue
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by KW Platform | $369,000 | |
| Listed by KW Platform | |||
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Step outside to your own private retreat: a beautiful saltwater pool and hot tub set the stage for unforgettable summer entertaining. When you need a quieter moment, settle into the front porch swing with a cup of coffee and take in the sunset. This property offers the flexibility of single-level living with bonus space to grow -- plus an outdoor setup made for entertaining. Designed with single-level living in mind, the main floor offers everything you need without ever touching a staircase -- comfortable, convenient, and move-in ready. Upstairs, you'll find a versatile bedroom or home office, a convenient half bath, and ample storage space--ideal for guests, a dedicated workspace, or simply extra room to spread out. The Basement is partially finished and includes a full bathroom, adding even more livable square footage. The home includes leased solar panels that help offset electricity costs, adding everyday savings to everyday living. The massive garage offers exceptional space for vehicles, hobbies, or projects, with additional attic storage to keep everything organized and out of sight.
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| Feb 1, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Capital Realty Experts | $269,900 | |
| Listed by Capital Realty Experts | |||
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About Hampton Manor
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Capital Realty Experts
Last Updated: 6 days ago
Data Source: Global MLS , MLS# 202131708
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Address: 335 Madison Avenue, New York, NY 10017