295 Summit Road
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 31, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by Lindo Realty Group Inc. | $575,000 | |
| Listed by Lindo Realty Group Inc. | |||
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This 12 room 5 bedroom 2 and 1/2 bath colonial was built in 1965 and is situated on a lot size of 2.19 acres. There are hardwood floors throughout, three fireplaces, and front and rear staircases. The kitchen has been updated and has a cook-top as well as a wall oven. The boiler has five zones and was recently replaced. The roof was replaced about 2 years ago. First floor laundry room. Some crown molding and wainscoting throughout. 24 x 24 attached two car garage with storage above. In addition to everything this home has to offer, there is also a huge trex deck overlooking a pebble tech gunite salt water in-ground heated pool. Natural gas is available to this home. Town Sewer is also available. Convenient location in between Abington and Weymouth train stations, and close to highway. Come take a look and see if you want to make this house your home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017