3228 Summit 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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | No longer available | - | |
| No longer available | |||
| Sep 5, 2023 | Listed by RE/MAX United | $449,000 | |
| Listed by RE/MAX United | |||
| Aug 2, 2023 | In contract | - | |
| In contract | |||
| Jul 24, 2023 | Listed by REMAX UNITED | $449,000 | |
| Listed by REMAX UNITED | |||
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Charming 3-bed, 2-bath house in a great neighborhood on tree-lined street, close to the lakefront, Fort Sheridan Forest Preserve, bike/walking trails, golf courses, public transit, shopping, and restaurants! This home features a spacious and bright living room and a separate dining room, hardwood floors throughout, spacious bedrooms and a lower-level family room with outside excess. Front porch, huge, fenced backyard. Newer A/C and heater. Freshly painted inside and outside, stained cedar siding, some new windows. New roof replacement in progress! The manager has listed the unit size as 1375 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017