2922 Sommer Place
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Listed by Howard Hanna Rand Realty | $725,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Introducing a charming single-family house with an extra lot and a detached 2-car garage. This property offers a bright and light-filled interior with a spacious living and dining area perfect for gatherings. The mudroom off the kitchen provides easy access to the deck, ideal for outdoor entertaining. Walk-up attic. The detached garage features space-saving loft storage for added convenience. With an extra lot included, there is ample space for outdoor activities and potential expansion. Located close to all amenities, this home offers the perfect blend of comfort and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017