3 Summer St.
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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 |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Coco, Early & Associates | $272,500 | |
| Listed by Coco, Early & Associates | |||
| Jan 15, 2019 | Sold | ||
| Sold | |||
| Dec 24, 2018 | Listed by Coco, Early & Associates | $245,000 | |
| Listed by Coco, Early & Associates | |||
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Updated open concept ranch with beach rights to Cobbetts Pond. Meticulously maintained home perfect for first time home buyers or down sizers. One floor living with open concept kitchen/dining and living room. Separate office/study area, two bedrooms, full bath and a large laundry room. Potential wood stove in the living room. Septic replaced May 2009. Seller updates include replacing front porch, 200 amp electrical service, generator hook up, generator, crawl space basement added support, concrete and insulation. Enjoy beautiful sunrises/sunsets at the top of Sawtelle Road and shopping for fresh vegetables, ice cream and flowers from Johnson's farm stand.
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| Aug 22, 2018 | Listed by Coco, Early & Associates | $245,000 | |
| Listed by Coco, Early & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017