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3133 Summer Avenue
About This Property
Inside, the home features a practical single-story layout with comfortable living spaces designed for everyday living. Recent updates include fresh interior paint, new flooring, and upgraded light and fan fixtures throughout. The kitchen has been completely renovated and now includes modern finishes along with a dishwasher, creating a functional and inviting space for cooking and gathering. Both bathrooms have been fully renovated, adding a clean, modern feel to the home. Built in 1950, this property blends classic character with meaningful updates, offering a move-in ready opportunity with room to add your personal touch.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by Keller Williams Realty, Waco | $149,000 | |
| Listed by Keller Williams Realty, Waco | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017