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391 Summit St
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 13, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by White House Realty | $379,000 | |
| Listed by White House Realty | |||
| | |||
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Fall River - South End - 2 Bedroom Ranch on 21,000+ sq ft lot - perched at crest of Summit St. overlooking sweeping views of Mt. Hope Bay. Totally Renovated w/Hardwood and Ceramic floors thru out. Kitchen with Granite countertops and Marble tile backsplash. Full cemented basement with laundry hookups and direct walk-out. Covered concrete patio in rear. Driveway . Enormous backyard. Call today!
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| Apr 28, 2011 | Listed by Millbrook Realty | $205,000 | |
| Listed by Millbrook Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017