32 Summit Avenue #532
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%.
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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 |
|---|---|---|---|
| Dec 19, 2001 | Sold | ||
| Sold | |||
| Sep 7, 2001 | Listed by Vanguard Realty | $299,900 | |
| Listed by Vanguard Realty | |||
| Dec 17, 1999 | Sold | ||
| Sold | |||
| Jul 31, 1999 | Listed | $259,000 | |
| Listed | |||
| | |||
|
BRIGHT & SPACIOUS CONDO W/HI CEILINGS,FRESHLY PAINTED GLEAMING HDWD FLRS,FORMAL DINING RM,MOLDINGS,E-I-KIT,LAUNDRY AND STORAGE IN THE BASEMENT,ASSGN PKG IN BACK OF THE BLDG FOR $35/MO(WAITING LIST FOR NEW OWNER).VACANT & EASY TO SHOW
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/20/2018
|
3 Bed
|
2 Bath
|
1129 ft²
|
$769,000
3 Bed
2 Bath
1129 ft²
|
$778,000
+1.17%
09/27/2018
|
Joan Solomont
Coldwell Banker Realty - Brookline
| |
|
10/22/2014
|
3 Bed
|
1 Bath
|
1129 ft²
|
$599,000
3 Bed
1 Bath
1129 ft²
|
$598,000
-0.17%
01/06/2015
|
Laura McKenna
Barrett Sotheby's International Realty
| |
|
03/06/2014
|
3 Bed
|
1 Bath
|
1129 ft²
|
$515,000
3 Bed
1 Bath
1129 ft²
|
$545,000
+5.83%
05/07/2014
|
Bill Lawson
Chobee Hoy Associates
| |
|
10/18/2013
|
3 Bed
|
2 Bath
|
1129 ft²
|
$575,000
3 Bed
2 Bath
1129 ft²
|
$587,800
+2.23%
11/25/2013
|
Eric Glassoff
Coldwell Banker Realty - Brookline
| |
|
04/08/2004
|
3 Bed
|
1 Bath
|
1129 ft²
|
$419,000
3 Bed
1 Bath
1129 ft²
|
$440,000
+5.01%
06/01/2004
|
Tracy Clark
Compass
| |
|
09/07/2001
|
3 Bed
|
1 Bath
|
1129 ft²
|
$299,900
3 Bed
1 Bath
1129 ft²
|
$292,000
-2.63%
12/19/2001
|
Patricia Arpin
Vanguard Realty
| |
|
07/31/1999
|
3 Bed
|
1 Bath
|
1129 ft²
|
$259,000
3 Bed
1 Bath
1129 ft²
|
$243,000
-6.18%
12/17/1999
|
Kathe Geist
Buyer Brokerage Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017