4 Summer Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Price Decreased |
$1,100,000
↓ $150K
(12%) | |
| Price Decreased | |||
| Jun 14, 2024 | Listed by Costantino Real Estate LLC | $1,250,000 | |
| Listed by Costantino Real Estate LLC | |||
| Jul 30, 2017 | Listed | $509,900 | |
| Listed | |||
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Almost waterfront!! Just one row back from the water with a deeded view easement to Ossipee Lake, this property has so much to offer, you won't believe the space!! Walk around the corner to the beautiful, shared private association beach just steps away. The home is a spectacular, spacious 16 room contemporary with a room for everyone! 1st level has a great open kitchen with cherry cabinets, hardwood floors, a generous living room, porch, sun room. 2nd level features 3 bedrooms (master has its own sun room), loft, library. Connecting to the home on this level is a wonderful guest suite complete with 3 bedrooms, kitchen, bath, deck waiting for your family or guests. Beautifully landscaped with a patio for grilling while taking in a lake view and breeze. Located within the sought after "Mountview" community which offers not only an awesome beach, but on site boat launch, day dock, moorings, playground and picnic area. Come check out this solid home. The manager has listed the unit size as 3400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017