4 Summit Ave
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by Coldwell Banker Realty - Sharon | $725,000 | |
| Listed by Coldwell Banker Realty - Sharon | |||
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A RARE FIND! Built in 1985 w/ Center of Town Location. CURB APPEAL GALORE w/Great Front Porch. SUN-DRENCED, REMODELED 8 ROOM HOME w/ Open & Flexible Floor Plan. Beautiful HARDWOOD FLOORS throughout 1st floor. MASSIVE 25' x 16' Living Room/Great Room. REMODELED KITCHEN w/ SS Appliances, Granite Countertops, UPGRADED CABINETS, EATING Bar which seats 4 & Adjacent to Lovely Dining Room. 1ST FLOOR OFFICE w/ Separate Entrance. REMODELED 1/2 Bath & laundry complete the 1st floor. 2nd Floor Includes 3 Bedrooms & REMODELED Full bath w/ Beautifully Tiled Shower. Eaves for Storage or Potential Expansion. LOVELY FINISHED BASEMENT w/ Recessed Lighting perfect to fit your needs. Basement inc. Storage & Workshop. BEAUTIFUL EXPANSIVE MANICURED LOT w Deck and Shed. UPDATES INCLUDE: 2022, Dishwasher.2022,Replaced Bulkhead & Deck. 2019, Resided Home w/ Certainteed Cedar Impressions. 2017-2010, Replaced All Windows. 2014-13-Remodeled Baths. 2010-Renovated Kitchen. 2007 - New Roof. & LOTS MORE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017