320 SUMMIT AVENUE
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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.
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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 |
|---|---|---|---|
| Mar 4, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by Hometown Real Estate Group | $179,900 | |
| Listed by Hometown Real Estate Group | |||
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Charming Remodeled Victorian 3 to 4 Bedroom, 2 Full Baths Has Been Updated & Move In Ready! Still Has A Lot of the Original Wood Work & High Ceilings. Features Include: Wrap Around Front Porch, Fenced Yard, A Shed with a Loft, A Metal Shed & A Play House, New Flooring: Carpet, Tile & Laminate, Ceiling Fans, Vinyl Windows. Main Floor Has Formal Living Room With Electric Fireplace, Large Formal Dining Room, Eat In Kitchen & Full Bath. Kitchen Has 42 Inch Cabinets, Corian Counter Tops, Ceramic Back Splash & Flooring, Gas Cook Top, Wall Oven, Dishwasher & Refrigerator. 2nd Floor Has 3 Bedrooms & Another Full Bath. Finished Attic Could Be a 4th Bedroom, Office, Play Room or Storage. Basement Has Walk Out Access.
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| Oct 8, 2019 | Sold | ||
| Sold | |||
| Jun 11, 2019 | Listed by Century 21 Advantage Gold-Cherry Hill | $95,000 | |
| Listed by Century 21 Advantage Gold-Cherry Hill | |||
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STOP WHAT YOU ARE DOING!! LEAVE THE DISHES BE! MAKE THE BED LATER! BRING THE KIDS AND POOCH WITH YOU BECAUSE THIS IS IT!!!!Today's amazing price is $95,000. Now available 8/23/2019 is on the market for owner occupant buyers for the first 5 days. ALL QUALIFIED INVESTORS may bid of day 6 if still available. Bid deadline is 8/27/2019 at 11:59PM CT,then daily until sold".Investors may get involved day 6. Our newest HUD owned home listing in the great little town of WESTVILLE, NEW JERSEY is a 3 bedroom, 2 FULL baths incredible Victorian.This home & neighborhood is where Mr. Rogers' and his entire family would want to live. Short hop, skip and a jump to the River Line rail station that'll whisk you to the State Capital in Trenton or the Camden Waterfront of Rutgers U and Center City Philadelphia.The Delaware River Park with amazing River Views,especially at sunset is close by."EQUAL HOUSING OPPORTUNITIES". Classified as UK-uninsured FHA203-K eligible. To qualified buyers. Mortgage buyers are encouraged to do their due diligence as all HUD owned homes are sold 100% "AS IS".Make sure your lender will lend on 'AS IS' homes. All cash & conventional mortgages are always welcome from those who qualify. Keep in mind, HIGH NET BID WINS-everyone else loses. HUD does not pay for any transfer taxes, VPR's or township C/O's. All at buyers expense. HUD does not participate in any 1st time home buyer programs. You MUST have a written pre-approval from a recognized lender prior to placing a bid.If you've ever wanted to live in one of those 100 year old classic Victorian Single Home don't pass on this one. Remember-this home is not in move in condition. Things have to be done to get it back to where it should be and once was. All bids are reviewed. This is a wonderful opportunity to be a part of the American Dream. Keep in mind, high net bid wins and everyone else loses, so make your appointment today. Qualified Buyers- there is $100 down payment on HUD Homes financed with FHA-insured financing.Plus you can add repairs and improvements into the mortgage. Same $100 DOWN Payment SOLD 100% "AS-IS" HUD properties are Sold by electronic bid only. See hudhomestore. com. Buyer to verify all information. "AS-IS" Sold 100% "As Is".Buyers & agents MUST READ the attached BLB Resources disclosures/addenda before placing any bid . 1799 SF, LBP. Built in 1920. This fantastic home is available for the new $100 down program for qualified buyers. Not a misprint.Only $100 down when using an FHA loan. In 1920, THE YEAR THIS HOME WAS BUILT, WOODROW WILSON was the 28th President of the United States, bread was 12 cents a loaf and butter 70 cents a pound. Coffee was 47 cents a pound and eggs 47 cents a dozen. In 1920 the cost of a new house was about $6,296, the average income was $2,160 per year. A brand new car was $525, renting an apartment was $15. per month, gas for your new car was 33 cents a gallon, a movie ticket was 15 cents and to mail a letter first class postage was 2 cents. Be apart of American History when you move into this great Victorian Home, Your friends and relatives will all be envious of you living in a home filled with stories and history of 1920, If you think the photos are great (and they are) wait until you walk through the front door. Just Wait!!!! There is only one word we can use is "SPECTACULAR". Call lister for additional info re:previous inspection issues.
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| Aug 17, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017