3235 Summerland Drive
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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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by Realvest Services, LLC | $339,000 | |
| Listed by Realvest Services, LLC | |||
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Welcome home! This beautiful home is on a large cul-de-sac lot in Silverlake and zoned to Silvercrest Elementary and Dawson HS. The home has 3 bedrooms plus an office, entry with skylight, and ALL hard surface flooring! The exterior of the house has been upgraded with a sprinkler system, and fresh exterior paint. This home in prestigious Silverlake community boasts a quiet location at the end of a cul-de-sac. Enjoy the low tax rate of this established neighborhood that boasts many amenities including access to three pools, multiple pocket parks, tennis courts and community events. Join us for the open house on Friday from 5-7 pm or on Saturday from 11-1! This home will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017