35 Summerhill 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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by Lamacchia Realty, Inc. | $545,900 | |
| Listed by Lamacchia Realty, Inc. | |||
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $130,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Great opportunity to build your dream or an investment property in an established residential neighborhood, This lot provides a neighborhood feel while conveniently close to schools, shopping, restaurants and major routes. With minimal site preparation needed to due to the level terrain, this is an ideal canvas for new construction. City water and sewer at street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017