3 Summerhill 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 |
|---|---|---|---|
| May 19, 2015 | Sold | ||
| Sold | |||
| Jan 15, 2015 | Listed by RE/MAX Prof Associates | $189,000 | |
| Listed by RE/MAX Prof Associates | |||
| Apr 26, 2010 | Listed by Emerson REALTORS® | $199,900 | |
| Listed by Emerson REALTORS® | |||
| | |||
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PRICE REDUCED MOTOVATED SELLER MUST SEE!!! Beautifully updated home. High ceilings, loads of character Bamboo floors. Electric, plumbing, heating, roof, siding, windows, insulation all newer.First floor offers living room, dining room, eat in kitchen, family room with sliders that lead to a 12x12 deck and a large fenced in back yard. It also includes the convenience of a 1st floor laundry and full ceramic tile bath. The 2nd floor has 3 bedrooms, a full ceramic tile bath acess to full attic.
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| Nov 16, 2007 | Sold | ||
| Sold | |||
| Sep 20, 2007 | Listed by RE/MAX Prof Associates | $165,000 | |
| Listed by RE/MAX Prof Associates | |||
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Address: 335 Madison Avenue, New York, NY 10017