38 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 |
|---|---|---|---|
| Dec 29, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Four Points Realty | $749,900 | |
| Listed by Four Points Realty | |||
| | |||
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THIS IS A COMING SOON LISTING. WELCOME TO THE VERY BEST IN THE DESIRABLE GREEN HILLS AREA! NEW GLEAMING HARDWOOD FLOORS THROUGHOUT FIRST FLOOR. MODERN UPDATED KITCHEN WITH STATE OF THE ART BRAND NEW APPLIANCES. UPPER LEVEL BOASTS 4 GENEROUS SIZE BEDROOMS WITH ALL NEW CARPETS. UPDATED MODREN LIGHTING. THROUGHOUT HOME. GORGEOUS FINISHED BASEMENT WITH ALL NEW FLOORING. BACKYARD IS PERFECT 1/2 ACRE+ SQUARE GREEN LAWN. WITH LARGE TREX DECK. DONT MISS OUT ON MAKING THIS YOUR DREAM HOME.
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| Nov 6, 2019 | Sold | ||
| Sold | |||
| Jul 2, 2019 | Listed by RE/MAX Revolution | $469,000 | |
| Listed by RE/MAX Revolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017