25 Summer Ave
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 |
|---|---|---|---|
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Aug 29, 2019 | Listed by Keller Williams Realty | $569,900 | |
| Listed by Keller Williams Realty | |||
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***Price Just Reduced*** Located in Reading’s desirable West Side, this adorable Cape is awaiting its new owner just in time for the holidays! The eat-in-kitchen with SS appliances and pendant lighting opens to the bright and spacious fireplaced living room. The vaulted & beamed family/game room features a wood burning stove & sliders that lead to the wood deck & patio, perfect for entertaining. This home also features spacious bedrooms, hardwood floors throughout, a freshly painted interior & exterior, newer roof, heating system & water heater, ample parking, 1-car garage, and a private backyard. Convenient to major highways, schools & downtown. A must see & easy to show!
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| Dec 28, 2012 | Sold | ||
| Sold | |||
| May 17, 2011 | Listed by John R. Peterson Real Estate | $399,900 | |
| Listed by John R. Peterson Real Estate | |||
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Beautiful decorated home with 3rd level (added 1980's) projecting a Calming Mood with natural colors from the grounds to double glass door entrance & throughout home and flowing into the natural setting of yard. Remodeled cabinet kitchen, Recessed lighting hardwood floors, fireplaced living rm., Twin skylight cathedral ceiling family room w wood burning stove. skylit master bedroom with bath. Multi use room for office/study/workshop. Convenient to trains. Must be seen to appreciate!
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| Jan 25, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017