4 Summer 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 |
|---|---|---|---|
| Feb 16, 2022 | Sold | ||
| Sold | |||
| Dec 30, 2021 | Listed by Coldwell Banker Realty - Easton | $469,900 | |
| Listed by Coldwell Banker Realty - Easton | |||
| Jun 18, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by Gibson Sotheby's International Realty | $160,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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**SHORT SALE**SOLD AS-IS**PRICE NOT YET APPROVED BY LENDER**PROFESSIONALLY NEGOTIATED BY THIRD PARTY** *ENTER AT YOUR OWN RISK** PROCEED WITH CAUTION** Excellent investment opportunity for a contractor. Property is located on over a half acre of land. Close to several highways and routes. Subject to short sale negotiation fee of $5,000 paid at closing by buyer. Smoke certificate and final water bill is buyer's responsibility **ALL OFFERS MUST HAVE SIGNED DISCLOSURE ATTACHED TO THIS LISTING**
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