34 Summercress Lane
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 |
|---|---|---|---|
| Jan 6, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2019 | In contract | - | |
| In contract | |||
| Oct 11, 2019 | In contract | - | |
| In contract | |||
| Jul 13, 2019 | Listed by Realty Connect USA L I Inc | $359,000 | |
| Listed by Realty Connect USA L I Inc | |||
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Beautiful Sprawling Ranch, Lovely Grounds, Updates within last 7 years include: [Roof, Gas Boiler, HW Heater, CAC, Kitchen w/ Granite Countertops, Flooring, Appliances], Master Bedroom with walk-in closet, Anderson Windows, Fireplace, IG Sprinklers, Solar Panels, Brick front walkway & Patio, Smart Home Security System, CAC, Sewers, Natural Gas and underground utilities! Must be seen to appreciate! Taxes with Star $9,471.15. For room sizes refer to picture of floor plan please.
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| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017