1
Map
243 SUMMIT Avenue
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 15, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Price Decreased |
$279,000
↓ $11K
(3.8%) | |
| Price Decreased | |||
| Aug 8, 2024 | Listed by Scott Film Realty, LLC | $289,900 | |
| Listed by Scott Film Realty, LLC | |||
| | |||
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OPEN HOUSE SUNDAY 8-25, 11am to 1pm. Hampton Manor Property. Experience the charm of this spacious 3 bedroom bungalow located in EG School Dist. New roof, major appliances, furnace, hot water tank, remodeled kitchen and bathroom. Hardwood floors throughout the majority of the home. 2 bedrooms on the first floor and a large 3rd bedroom upstairs. There is also a potential walk-up attic space that can be finished for an additional room. 1-Car attached garage. Conveniently located near elementary, middle, and high schools. Close to soccer & basketball fields, perfect for an active lifestyle. Enjoy leisurely walks around the near-by Hampton Manor Lake. Easy access to Regeneron, Albany, Renss. Train Station and shopping. EGCSD.
Town of EG. Rensselaer mailing address.
Red Mill Elem
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| Mar 3, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017